Southern Peripheral Road SPR is boosting Gurgaon’s real estate market with a remarkable transformation that’s turning it into one of India’s most sought-after real estate and business corridors. Spanning 16 kilometers, SPR has seen property prices soar by an impressive 125% in just five years — from ₹7,690 per sq. ft. in 2020 to ₹17,300 by mid-2024, as reported by PropEquity.
This incredible surge is fueled by the rapid rise of corporate hubs, enhanced road networks, and major infrastructure investments. With such growth and momentum, SPR is quickly shaping up to be Gurgaon’s very own “Cyber City 2” — a dynamic destination for investors, homebuyers, and businesses alike.
Infrastructure-Driven Growth
The Haryana Government’s allocation of ₹2,000 crore in the 2025–26 budget for infrastructure upgrades along SPR is a key catalyst in its transformation. This funding will revamp road networks, improve civic amenities, and further enhance connectivity, making the region increasingly attractive for both residential and commercial development.
In tandem, the Gurugram Metropolitan Development Authority (GMDA) has approved an ₹8.25 crore project to upgrade the vital Vatika Chowk to NH-48 stretch. The project includes a 2 km footpath and cycling track between sectors 58/61 and 59/61, and a proposed 56 km pedestrian and cycle corridor from Sector 58 to 67 — reflecting a strong focus on sustainable urban planning.
A Hub of Commercial Excellence
SPR’s proximity to existing and emerging corporate giants is a major driver behind its soaring property values. The area hosts prominent offices including American Express and Air India’s training center, and houses over 18 commercial projects such as Skyview Corporate Park, Bestech Business Tower, and Pioneer Square. Companies like TCS and PepsiCo have already established a strong presence, employing over 82,000 professionals in the region.
Further elevating its status is the upcoming DLF Mall of India, poised to be the largest mall in the country, promising a massive boost to local retail and economic activity.
Explosive Real Estate Growth
From 2020 to 2024, new project launches on SPR surged by 584%, jumping from six projects in the previous five-year period to 23. Housing supply also expanded sixfold — from 1,602 to 10,962 units — underlining the immense demand from investors and homebuyers alike.
“Southern Peripheral Road has become one of Gurugram’s prime real estate corridors, fueled by infrastructure growth, excellent connectivity, and increasing commercial activity,” said Mr. Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd. “Our Titanium SPR project in Sector 71 is strategically positioned to meet this rising demand with modern amenities and seamless access.”
Top Investment Picks
With 23 ongoing residential projects, SPR is firmly established as a real estate investment hotspot. PropEquity’s top recommendations include:
- DLF Privana West (Sector 76) — Ideal for long-term capital appreciation
- Signature Global Titanium SPR (Sector 71) — Mid-term gains with strong amenities and connectivity
- Eldeco Fairway Reserve (Sector 80) — Spacious, value-for-money homes in a well-planned community
Premium Lifestyle Ecosystem
SPR isn’t just about work and investment — it offers a holistic lifestyle. The area boasts top educational institutions like St. Xavier’s High School and DPS International, premier hospitals like CK Birla Hospital and Artemis, and luxury accommodations such as Lemon Tree and Grand Hyatt. It’s a complete ecosystem supporting urban living, business, and leisure.
Strategic Location & Connectivity
SPR connects Gurgaon-Faridabad Road to NH-48, with seamless links to Golf Course Road and Sohna Road. Commuting is highly efficient, with travel times of:
- 20 minutes to Sohna Road
- 14 minutes to Golf Course Extension
- 16 minutes to New Gurugram
- This makes it an ideal base for professionals working across NCR.
Expert Endorsements
SPR has become an important area because of growing businesses and fast infrastructure development,” said Mr. Lokesh Aggrawal, Managing Director and Co-Founder of Unitown Realty. “Luxury projects like Tulip Crimson are in high demand because of their great location and guaranteed returns.
Mr. Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation, noted, “With sustained government support and infrastructure growth, Gurugram’s real estate markets — especially SPR — promise exponential appreciation and long-term investment potential.”
Conclusion
Southern Peripheral Road is no longer just a promising stretch on the map — it is now a beacon of Gurugram’s future. With skyrocketing property prices, elite corporate hubs, and massive infrastructure investments, SPR is rapidly transforming into Cyber City 2. For homebuyers, investors, and developers, it represents a golden opportunity to be part of Gurugram’s next big growth story.
