Gurgaon’s Southern Peripheral Road (SPR) is rapidly evolving into one of India’s most dynamic real estate and infrastructure zones. Once a mere connector between Sohna Road and Golf Course Extension Road, SPR has transformed into a premium urban corridor, with over Rs 1 lakh crore worth of residential and commercial projects launched or in the pipeline. 

In the last two years alone, developers have launched or announced projects worth Rs 500 billion along SPR—a figure projected to double by 2027, cementing its position among India’s most active micro-markets. Property rates along SPR have surged to Rs 25,000 per sq ft, driven by rising demand, infrastructure development, and developer interest. Leading players such as DLF and Signature Global are spearheading this growth. DLF is preparing for its next major phase, while Signature Global is developing a 93-acre township with 17 million sq ft of saleable area and a sales target of Rs 270 billion. 

A key growth driver is the government’s focused investment in infrastructure. The Gurugram Metropolitan Development Authority (GMDA) recently acquired two key land parcels—5.9 acre near Sector 71 and another stretch near Sector 65—clearing the path for two missing link roads. These 350-m and 170-m road links, with a combined acquisition cost of Rs 3.2 crore, will enhance access between Sectors 62–65 and 71–73. Tenders are expected to be floated soon. 

Further improving connectivity, a 5.5-km elevated corridor between Vatika Chowk and NH-8 has been proposed, with an allocation of Rs 7.5 billion (Rs 6.2 billion for construction and Rs 1.3 billion for land acquisition). The six-lane corridor will feature multiple entry/exit ramps and a cloverleaf interchange, ensuring smooth access to Dwarka Expressway, Delhi–Mumbai Expressway, and NH-248A. The design will mirror the elevated stretches of the Dwarka Expressway, helping decongest key junctions and significantly reduce travel time. 

Meanwhile, NHAI is finalising plans to shift the Kherki Daula toll plaza to Panchgaon within the next three months—a long-awaited move expected to ease SPR-bound traffic. Complementing these efforts are over 95 km of master road upgrades, along with projects in stormwater management, service lanes, STP facilities, and mobile sewage treatment. 

“SPR today represents more than just a road—it symbolises the direction of Gurugram’s next phase of intelligent urbanisation. The combination of quality infrastructure, policy-driven growth, and a maturing market makes it a future-ready destination. At Signature Global, we believe SPR will continue to draw premium demand from homebuyers who prioritise connectivity, value, and sustainable living,” said Mr Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd. 

Commenting on the evolving market, Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, said, “Gurugram’s real estate landscape is undergoing a remarkable transformation, with micro-markets like the Southern Peripheral Road, Dwarka Expressway, Central Peripheral Road, and Golf Course Road witnessing rising demand. Today’s homebuyers are looking for well-connected, future-ready communities that offer integrated lifestyle amenities — and developers are adapting their offerings accordingly. At Krisumi, we view this shift as a strong indicator of a maturing market, where thoughtfully designed, globally inspired living spaces are becoming the new standard.” 

Together, these developments are reshaping SPR from a fragmented corridor into a central urban spine. With real estate value being driven by luxury offerings and critical infrastructure, SPR is attracting both homebuyers and investors. Gurugram’s future is being built on this stretch—one project, and one road, at a time.