The southern peripheral road (SPR), also known as Golf Course Extension Road, connects cities such as Gurgaon, Faridabad, Sohna, Manesar, Dharuhera, Rewari, Bhiwadi, Bawal, and many other cities. Let us understand the importance of this road. Broadly, this road can be divided into two parts: from Ghata village to Vatika Chowk (Badshahpur), covering a stretch of almost 7 km, and from Vatika Chowk to NH-48 near Kherki Daula, roughly 6 km.
After the town and country planning department of Haryana prepared Master Plan 2031 for Gurgaon, Manesar, and Sohna urban complex, this corridor evolved as the lifeline, bringing together amalgamations of several developed and developing sectors catering to the residential, commercial, and industrial demand of burgeoning investors. It embodies a diverse micro-market pulsating with residential and commercial vibrancy. The sectors along the SPR are experiencing a notable surge in unbelievable urban development.
In the last two decades, this corridor, situated in the lap of the beautiful Aravalli hills, has become a coveted destination for real estate promoters and investors, attributed to remarkable advancements in infrastructure, connectivity, and an array of lifestyle amenities, catering to the preferences of astute homebuyers. The 13-km stretch has become extremely vital for realty development in the region, as it is highly accessible from the city’s other major residential and commercial hubs. Virtually, this road is emerging as the connecting point to Gurgaon’s other important micro-markets, such as Sohna Road, Golf Course Road, Cyber City, Udyog Vihar, and others. Such connectivity is beneficial for investors and is acting as a growth magnet for real estate development.
It’s worth noting that there is a long-awaited plan of the Gurugram Metropolitan Development Authority (GMDA) to re-strengthen this road for the emerging traffic volume that has increased fifteen times in the past ten years, pressing upon the need for widening it and demanding construction of underpasses and flyovers at all intersections. The plan is also in some stages to hand over this road to the National Highway Authority of India (NHAI) for rebuilding or strengthening to meet the increasing traffic needs. In the last few years, this corridor has experienced massive population growth as well as growth in terms of infrastructural development to facilitate business and urban operations. Real estate properties now offer various options for businesses, including shop-cum-office plots, retail outlets, and logistics centers. Investing in SCO plots and commercial property in sectors on the SPR involves long-term benefits, as property values are appreciating fast due to rapid infrastructure development. Let us remember that the inauguration of the underpass at Vatika Chowk has provided much-needed connectivity for sectors along SPR. Signature Global has many real estate projects on and around this corridor, and this real estate company has evolved as the most reliable promoter and trustworthy.