“Explosive Growth on Gurgaon’s SPR as ₹1 Lakh Cr Real Estate Projects Take Shape”

Gurgaon’s Southern Peripheral Road (SPR) is transforming into a premium development hub, attracting over ₹1 lakh crore worth of residential and commercial projects. In the past two years, projects worth ₹50,000 crore have been announced or launched along SPR, with the number expected to double by 2027. Developers like DLF and Signature Global are driving this growth, with DLF preparing for its next major development phase and Signature Global building a 93-acre township with 17 million sq. ft. of saleable space.

The government’s aggressive push on infrastructure is fuelling this real estate boom. GMDA has successfully acquired two long-pending land parcels for two critical link roads, which will eliminate detours, support new water and sewer lines, and improve access between key sectors. A 5.5-kilometer elevated corridor between Vatika Chowk and NH-8 is also being proposed to streamline traffic movement. The region’s evolving housing market is undergoing a remarkable transformation, with homebuyers looking for well-connected, future-ready communities with integrated lifestyle amenities.

Strategic Location and Connectivity

SPR serves as a crucial link between Golf Course Road, NH-48, and the Dwarka Expressway. Its proximity to sectors like 68, 69, 70, and 71 enhances its appeal for developers and buyers alike. The road’s alignment improves access to key nodes like Cyber City, Sohna Road, and IGI Airport via NH-48, making it a central artery in Gurgaon’s infrastructure roadmap. The Southern Peripheral Road (SPR) in Gurgaon has emerged as one of the most sought-after real estate hotspots in the Delhi NCR region. With investments surpassing ₹1 lakh crore, SPR is poised to become a new urban growth corridor, attracting residential, commercial, and infrastructural development.

Residential and Commercial Projects

Leading real estate developers such as DLF, M3M, Emaar, and Tulip Infratech have launched premium residential and mixed-use projects along the SPR. These include luxury apartments, integrated townships, and high-street retail hubs. With an influx of young professionals and families looking for better connectivity and modern amenities, the demand for housing in the area has surged in recent years. (Real Estate).

Infrastructure and Urban Planning

Gurgaon’s Master Plan 2031 has significantly contributed to the structured development of SPR. Planned metro extensions, sector roads, and improved drainage and street lighting are transforming SPR into a well-integrated urban corridor. The Haryana government has also prioritized upgrading the 16-km stretch into a signal-free expressway, improving traffic flow and reducing commute times. (Infrastructure)

Commercial Boom and Job Creation

Besides housing, SPR is witnessing a boom in commercial office space and co-working hubs, driven by start-ups and MNCs relocating from saturated regions like Cyber City and Udyog Vihar. This shift is expected to create thousands of direct and indirect job opportunities in sectors like IT, retail, logistics, and construction.

Green Living and Sustainability

Developers are also focusing on sustainable infrastructure along SPR, integrating green building norms, rainwater harvesting systems, EV charging points, and landscaped open spaces. These features cater to environmentally conscious homebuyers and align with India’s broader sustainability goals.

Outlook

As Gurgaon continues its trajectory toward becoming a global financial and residential hub, SPR stands at the forefront of this transformation. With over ₹1 lakh crore in investment, strategic urban planning, and strong developer interest, the region is on track to becoming the new nucleus of modern urban living in NCR.