Gurgaon has long been a magnet for real estate investments, with two major thoroughfares, the Southern and Northern Peripheral Roads (NPR and SPR), encircling it much like the Ring Road encircles the national capital. Among these, the Southern Peripheral Road (SPR) has emerged as a particularly enticing destination for savvy investors keen on capitalizing on the city’s growth trajectory over the past four decades. Spanning approximately 16 kilometers, SPR has evolved from a mere peripheral road in the late 1990s to a bustling hub of residential, commercial, and institutional segments, making it a lucrative investment avenue in Gurgaon’s realty landscape.
Anarock’s Micro-Market Overview Report underscores SPR’s pivotal role in boosting property prices. Proposed infrastructure developments such as metro and expressway connectivity are revitalizing residential real estate demand, positioning SPR to redefine urban living and business landscapes in the region.
The Southern Peripheral Road (SPR) in Gurgaon has become a focal point for both residential and commercial investments. This 16km road seamlessly connects Golf Course Road, Golf Course Extension Road, NH-48, and now, Sohna via NH-248A, enhancing connectivity across the region. SPR’s strategic significance also lies in its connectivity to key cities in the NCR, including Delhi, Faridabad, Noida, Rewari, Sohna, and Manesar. With the operationalization of the Gurgaon-Alwar highway, SPR has become a vital real estate corridor. It offers excellent connectivity to major business hubs, entertainment centers, and transportation networks, further accentuated by its proximity to the Indira Gandhi International Airport, making it a preferred choice for both homebuyers and investors. This strategic location, coupled with robust connectivity, has spurred numerous developers to launch luxury projects in the area.
Infrastructure plays a pivotal role in shaping the urban growth and attractiveness of any real estate destination, and Gurgaon benefits from superb road infrastructure. Roads like NPR, SPR, NH-48, Sohna Road, and the Delhi-Mumbai Industrial Corridor (DMIC) have witnessed significant real estate developments in recent decades. Initiatives like the Gurgaon-Manesar Master Plan 2031 and the DMIC have further boosted the area’s growth prospects, instilling confidence among investors.
The SPR terminates at NH-48, traversing through densely populated localities near the Kherki Daula toll. Its development has spurred vibrant residential hubs, offering diverse housing options from luxury villas to high-rise apartments and gated communities. Reputed developers like Signature Global have contributed to this landscape, offering high-end projects with modern amenities and facilities that attract discerning buyers seeking quality living spaces.
In addition to residential developments, SPR’s urban corridor has witnessed a surge in commercial and retail projects. Corporate offices, IT parks, shopping malls, and entertainment complexes along the corridor are driving demand for commercial spaces, promising rental yields and enhancing the area’s livability quotient by creating job opportunities and fostering a vibrant social scene.
In conclusion, Gurgaon’s Southern Peripheral Road stands out as a gem in the city’s real estate market, offering a blend of strategic location, robust infrastructure, and diverse investment opportunities that appeal to both investors and homebuyers alike.