Southern Peripheral Road Becomes Gurugram’s New Cyber City

08 Apr 2025 CW Team

According to PropEquity, property rates have skyrocketed from Rs 7,690 per sq. ft. in 2020 to Rs 17,300 by mid-2024, firmly establishing SPR as one of the hottest real estate investment destinations in the region.

Strategic Growth Backed by Government Investments SPR’s meteoric rise is supported by robust infrastructure plans, including the GMDA’s Rs 8.25 crore upgrade of the Vatika Chowk to NH-48 stretch. Upcoming additions like a 2-km pedestrian and cycling track and a 56-km green mobility corridor will enhance sustainability and connectivity across sectors 58 to 67.

The Haryana Government’s Rs 20 billion allocation will further bolster road networks and civic amenities, enhancing SPR’s reputation as a smart investment zone.

Developers Bet Big on SPR Top developers, including DLF and Signature Global, are investing in this burgeoning corridor. The upcoming DLF Mall of India, set to be the largest mall in the country, and commercial hubs like Skyview Corporate Park and Bestech Business Tower—home to companies like TCS, PepsiCo, and American Express—are drawing both corporates and investors.

Mr. Pradeep Aggarwal, Chairman, Signature Global (India) Ltd., commented: "SPR is now among Gurugram’s most coveted realty corridors. Our Titanium SPR project in Sector 71 is strategically positioned to serve the growing demand for modern, well-connected living."

Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, added: "Micro-markets like SPR and the Dwarka Expressway are seeing strong investor interest driven by fast-paced infrastructure and connectivity. Property prices are appreciating rapidly, making it a robust investment landscape."

Soaring Supply, Surging Demand Between 2020 and 2024, new launches in SPR soared by 584%, from 6 projects to 23. Housing supply ballooned from 1,602 to 10,962 units, a clear sign of the corridor’s rising appeal.

Mr. Garvit Tiwari, Co-Founder of InfraMantra, noted: "With over 11,000 units launched in five years and high-end projects like Tulip Crimson gaining traction, SPR is becoming a key luxury destination in NCR."

Realty Recommendations According to PropEquity, the top investment picks in SPR include:

DLF Privana West (Sector 76) – long-term growth

Signature Global Titanium SPR (Sector 71) – mid-term returns

Eldeco Fairway Reserve (Sector 80) – spacious, value-for-money homes

A Complete Ecosystem Beyond real estate, SPR offers a vibrant ecosystem with renowned institutions like St. Xavier’s and DPS International, premier healthcare such as Artemis and CK Birla Hospital, and lifestyle destinations including Grand Hyatt and Lemon Tree hotels.

With superior connectivity to Golf Course Road, Sohna Road, and NH-48, and just minutes from New Gurugram, SPR is not just an investment destination—it’s Gurugram’s new growth engine.

In conclusion, the Southern Peripheral Road is transforming into Cyber City 2, blending commercial dynamism, urban convenience, and sustainable growth—making it a must-watch micro-market for 2025 and beyond.

The Southern Peripheral Road (SPR) is fast redefining Gurugram’s urban landscape, with property prices surging by 125% over the past five years and a massive Rs 20 billioninfrastructure boost announced in the 2025–26 Haryana Budget. Once a quiet corridor, SPR is now poised to become Gurugram’s next Cyber City, thanks to rapid commercialisation, superior connectivity, and high-profile developments. According to PropEquity, property rates have skyrocketed from Rs 7,690 per sq. ft. in 2020 to Rs 17,300 by mid-2024, firmly establishing SPR as one of the hottest real estate investment destinations in the region. Strategic Growth Backed by Government Investments SPR’s meteoric rise is supported by robust infrastructure plans, including the GMDA’s Rs 8.25 crore upgrade of the Vatika Chowk to NH-48 stretch. Upcoming additions like a 2-km pedestrian and cycling track and a 56-km green mobility corridor will enhance sustainability and connectivity across sectors 58 to 67. The Haryana Government’s Rs 20 billion allocation will further bolster road networks and civic amenities, enhancing SPR’s reputation as a smart investment zone. Developers Bet Big on SPR Top developers, including DLF and Signature Global, are investing in this burgeoning corridor. The upcoming DLF Mall of India, set to be the largest mall in the country, and commercial hubs like Skyview Corporate Park and Bestech Business Tower—home to companies like TCS, PepsiCo, and American Express—are drawing both corporates and investors. Mr. Pradeep Aggarwal, Chairman, Signature Global (India) Ltd., commented: SPR is now among Gurugram’s most coveted realty corridors. Our Titanium SPR project in Sector 71 is strategically positioned to serve the growing demand for modern, well-connected living. Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, added: Micro-markets like SPR and the Dwarka Expressway are seeing strong investor interest driven by fast-paced infrastructure and connectivity. Property prices are appreciating rapidly, making it a robust investment landscape. Soaring Supply, Surging Demand Between 2020 and 2024, new launches in SPR soared by 584%, from 6 projects to 23. Housing supply ballooned from 1,602 to 10,962 units, a clear sign of the corridor’s rising appeal. Mr. Garvit Tiwari, Co-Founder of InfraMantra, noted: With over 11,000 units launched in five years and high-end projects like Tulip Crimson gaining traction, SPR is becoming a key luxury destination in NCR. Realty Recommendations According to PropEquity, the top investment picks in SPR include: DLF Privana West (Sector 76) – long-term growth Signature Global Titanium SPR (Sector 71) – mid-term returns Eldeco Fairway Reserve (Sector 80) – spacious, value-for-money homes A Complete Ecosystem Beyond real estate, SPR offers a vibrant ecosystem with renowned institutions like St. Xavier’s and DPS International, premier healthcare such as Artemis and CK Birla Hospital, and lifestyle destinations including Grand Hyatt and Lemon Tree hotels. With superior connectivity to Golf Course Road, Sohna Road, and NH-48, and just minutes from New Gurugram, SPR is not just an investment destination—it’s Gurugram’s new growth engine. In conclusion, the Southern Peripheral Road is transforming into Cyber City 2, blending commercial dynamism, urban convenience, and sustainable growth—making it a must-watch micro-market for 2025 and beyond.

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