Gurugram’s Southern Peripheral Road (SPR) has rapidly emerged as a focal point in the region’s real estate market, witnessing a substantial surge in property prices over recent years. According to a report by 99acres.com, property values along SPR have appreciated by approximately 78.3% since 2020, with a 36.1% increase in the first year and an impressive 75.6% rise by the third year.
SPR’s strategic positioning has significantly contributed to its real estate boom. The 16-kilometer, 90-meter-wide road seamlessly connects key areas within Gurugram and extends to South Delhi via MG Road, Faridabad Highway, and the elevated road between Dwarka and Sohna expressways.
This enhanced connectivity facilitates smooth traffic flow and provides easy access to major routes like Golf Course Road, Golf Course Extension Road, and NH-8, making it an attractive location for both residential and commercial developments.
The area has become a hotspot for luxury residential projects. In the first quarter of 2024, SPR witnessed 3,614 new unit launches, with the luxury segment accounting for 61% of these. Proximity to sectors such as 68, 69, 70, and 71 has further fueled its appeal among homebuyers seeking premium living spaces.
What is SPR?
The Southern Peripheral Road is a strategically planned 16-kilometer-long corridor that connects several key parts of Gurugram. Running parallel to Golf Course Extension Road and intersecting Sohna Road and NH-48, SPR links areas such as Sector 68 through Sector 75. It serves as a critical bypass that supports decongestion while enabling faster east-west and north-south mobility across the city.
In just a few years, SPR has witnessed a 125% increase in property values, making it one of India’s fastest-growing real estate corridors.
- Apartments once priced at ₹4,000–₹5,000 per sq. ft. are now commanding ₹9,000–₹10,000 per sq. ft.
- Premium developments in Sectors 70, 70A, and 71 are seeing robust appreciation.
- Rental yields are rising due to increasing demand from professionals and families shifting from central Gurugram.
This price spike isn’t a fluke, but the result of a meticulously aligned ecosystem of development, infrastructure, and opportunity.
Here’s how SPR is stepping into the spotlight:
| Feature | Cyber City | Southern Peripheral Road (SPR) |
| Office Space | Saturated | Expanding rapidly |
| Residential Availability | Premium & limited | Mid to luxury segments, high supply |
| Infrastructure | Developed | Modern & fast-upgrading |
| Connectivity | Metro, NH-48 | NH-48, Sohna Road, upcoming Metro |
| Growth Potential | Stable | High-growth, under development |
Ongoing and planned infrastructure projects are set to further enhance SPR’s attractiveness. The Gurugram Metropolitan Development Authority (GMDA) has initiated plans for the upgradation of SPR, including the construction of eight flyovers at key junctions to ensure smooth vehicular movement.
Additionally, the proposed metro line running along SPR from Sector 55/56 to Vatika Chowk, featuring five new stations, is expected to bolster connectivity and stimulate further real estate development.
