SPR, New Gurgaon: The Next Big Destination for Real Estate Investment

Southern Peripheral Road (SPR) is rapidly transforming into NCR’s next prime destination for real estate investment, driven by a 125% spike in property prices, large-scale infrastructure developments, and the entry of major corporate players. This booming corridor offers unmatched potential for business growth, luxury living, and high-return investments.

Southern Peripheral Road (SPR) in Gurugram is rapidly emerging as one of the most sought-after real estate corridors in NCR. Over the past five years, property prices in the region have witnessed a staggering 125% increase — a clear reflection of the booming commercial and residential development in the area.

With top corporate hubs, seamless connectivity, and modern infrastructure taking shape, SPR is fast becoming Gurugram’s next Cyber City. This high-growth zone is attracting investors, homebuyers, and professionals looking for long-term value and premium lifestyle opportunities.

Now is the perfect time to invest in SPR — Gurugram’s rising star of real estate!

 

Property Values on Southern Peripheral Road (SPR) 

In just a few years, Southern Peripheral Road (SPR) in Gurugram has seen property prices more than double. According to PropEquity research, prices have skyrocketed from ₹7,690 per sq. ft. in 2020 to ₹17,300 per sq. ft. by mid-2024. This impressive growth has made SPR one of the hottest real estate spots in the city, attracting investors looking for great returns.

A ₹2,000 Crore Infrastructure Boost on the Way

To add even more value to the area, the Haryana Government has announced a ₹2,000 crore investment in SPR's infrastructure in the 2025-26 budget. This major funding will improve roads, enhance connectivity, and upgrade public amenities, making SPR an even more appealing place to live and invest.

GMDA's ₹8.25 Crore Project to Improve SPR Access

The Gurugram Metropolitan Development Authority (GMDA) is also getting in on the action with a ₹8.25 crore project to improve the stretch from Vatika Chowk to NH-48. This upgrade includes a 2km footpath and cycle track along sectors 58/61 and 59/61, as well as a new 56km cycling and pedestrian corridor that will connect Sector 58 to 67. These upgrades will make the area more accessible and convenient for everyone, adding even more potential to the already booming SPR market.

Pradeep Aggarwal on the Strategic Advantage of Southern Peripheral Road (SPR)

Pradeep Aggarwal, founder & chairman of Signature Global (India) Ltd., shared his insights on the rapid growth of Southern Peripheral Road (SPR), stating, "SPR has firmly established itself as one of the prime real estate corridors in Gurugram, thanks to its exceptional infrastructure, superb connectivity, and rising commercial activity. Its strategic location makes commuting easier, attracting both homebuyers and investors."

He further added, "We’ve strategically placed our residential project, Titanium SPR in Sector 71, offering modern amenities and seamless connectivity. With premium developments like SPR Estate, this region is rapidly transforming into a well-connected urban hub, making it an ideal destination for both homeowners and investors."

SPR Set to Become ‘Cyber City 2’

Southern Peripheral Road is on track to become “Cyber City 2”, with major developers like DLF leading the charge. The upcoming DLF Mall of India, set to be the largest mall in India, will further enhance the area’s retail and business appeal, positioning SPR as a significant hub for commerce and lifestyle.

A Growing Hub of Commercial Activity

The commercial real estate market on SPR is thriving, with major corporate hubs already established, including offices for American Express and Air India’s training center, as well as 18 other commercial projects. Notable developments like Skyview Corporate Park, Pioneer Square, and Bestech Business Tower house top companies like TCS and PepsiCo, collectively employing over 82,000 people.

Over the past five years (2020–2024), SPR has experienced a massive surge in new project launches, increasing by 584%—from just six in 2015–2019 to an impressive 23 in 2020–2024. The supply of housing units has grown nearly sixfold, from 1,602 to 10,962 units, as per PropEquity.

 

Macro Growth Trends Across Gurugram: A Real Estate Boom

Gurugram has rapidly emerged as a top destination for real estate investment, driven by strong demand in key micro-markets like Southern Peripheral Road (SPR), Dwarka Expressway, Central Peripheral Road, and areas surrounding the Sohna Elevated Corridor. According to Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation, these regions are experiencing significant growth, fueled by rapid infrastructure development and a promising future. Property prices have surged, with some locations seeing exponential appreciation, making them highly attractive to both investors and homebuyers. With continued government support for infrastructure growth, Gurugram is set to solidify its position as a leading real estate hub, offering high returns and long-term investment potential.

SPR: A Strategic Connectivity Advantage

Southern Peripheral Road (SPR), a 16-km stretch connecting Gurgaon Faridabad Road to NH-48, has become a key factor in boosting real estate values in Gurugram. The road improves connectivity, linking major routes like Golf Course Road and Sohna Road at Badshahpur Chowk, easing traffic congestion, and reducing travel times. With just 20 minutes to Sohna Road, 14 minutes to Golf Course Extension, and 16 minutes to New Gurugram, SPR is enhancing accessibility, making it one of the most sought-after locations for real estate investment.

SPR's Micro-Market Momentum: A Growing Hub for Luxury Projects

According to Garvit Tiwari, director and co-founder of InfraMantra, SPR has quickly become a key micro-market in Gurugram. The region has seen an impressive rise in real estate supply, with nearly 11,000 new units launched in the past five years. This growth reflects the increasing demand for residential and commercial properties, driven by infrastructure improvements and connectivity to all parts of NCR. High-end luxury projects like Tulip Crimson in Sector 70 are attracting investors and end-users due to their strategic location, trusted developers, and strong return on investment.

Top Projects to Invest in on Southern Peripheral Road (SPR)

With 23 ongoing real estate projects, Southern Peripheral Road (SPR) has become one of the top investment hubs in Gurugram. According to PropEquity, these projects are particularly worth considering for future growth:

• DLF Privana West (Sector 76)—A solid choice for long-term growth.
  
  

• Signature Global Titanium SPR (Sector 71)—Perfect for mid-term returns.
  
  

• Eldeco Fairway Reserve (Sector 80)—Ideal for those seeking spacious, well-priced homes.

A Complete Community for Modern Living

SPR isn’t just about great investment opportunities—it’s also about quality living. The area is home to top schools like St. Xavier’s and DPS International, excellent healthcare options like CK Birla Hospital and Artemis, and premium hotels like Lemon Tree and Grand Hyatt. Whether you're looking for a place to live, work, or unwind, SPR has it all.

Conclusion: A Rising Star in Gurugram’s Real Estate Scene

To wrap it up, SPR is quickly becoming a key area in Gurugram’s real estate market. With its great connectivity, continuous infrastructure improvements, and rising property values, it's positioned to be a major player in the city’s growth. As SPR transforms into “Cyber City 2,” it’s a top spot for investment with great long-term potential.