With rising demand and surging property prices, Southern Peripheral Road, Gurgaon has emerged as a sought after real estate corridor of not just Gurgaon but the entire NCR, offering great investment opportunity.
Once a quiet corner of Gurugram, the Southern Peripheral Road (SPR) has quickly turned into one of the hottest real estate zones in Delhi NCR. Over the past five years, housing demand along SPR has skyrocketed, witnessing a six-fold jump according to PropEquity data. From 2020 to March 2025, the region recorded the absorption of 10,240 units, a steep rise from the 1,535 units sold during 2015 to 2019.
The number of new launches on SPR has also increased to keep up with the growing demand. Over the past five years, the area has witnessed an impressive eight-fold surge in residential launches, with 14,740 housing units introduced between 2020 and March 2025. This marks a significant rise compared to just 1,819 units launched during the 2015 to 2019 period.
In this short span, property prices have surged by an impressive 125%, driven by the rapid development of major corporate hubs. This remarkable growth is positioning SPR as the next Cyber City, a thriving business and development hotspot that is attracting the interest of investors and professionals alike.
PropEquity research shows that property values on Gurugram’s Southern Peripheral Road have more than doubled. Jumping from ₹7,693 per sq. ft. in 2020 to a whopping ₹17,123 per sq. ft. by 2024 end, SPR is now a top realty hotspot for smart investment.
Boosting SPR’s position as a top real estate and business hub, the GMDA has approved an ₹8.25 crore project to upgrade the Vatika Chowk to NH-48 stretch. The plan also includes a 2km footpath and cycle track along sectors 58/61 and 59/61, with cycling and pedestrian corridor spanning 56 kms from Sector 58 to 67.
Southern Peripheral Road (SPR) is rapidly transforming into “Cyber City 2,” supported by developers like DLF and the upcoming DLF Mall of India, which will be the largest mall in India and boost retail and business activity.
The area already has major corporate hubs, including offices for American Express and Air India’s training center, along with 18 commercial projects. Key developments like Skyview Corporate Park, Pioneer Square, and Bestech Business Tower house top companies like TCS and PepsiCo, employing over 82,000 people.In the last five years (2020–2024), new project launches on SPR surged by 584%, rising from six in 2015–2019 to 23 in 2020–2024. Housing supply also grew nearly sixfold, from 1,602 to 10,962 units, according to PropEquity.
According to Pradeep Aggarwal, Founder & Chairman, Signature Global, driven by excellent infra and premium developments likeSPR Estate, the area is transforming into a well-integrated urban hub. Realizing its potential, Signature Global has strategically positioned its residential project- Titanium SPR in Sector 71. Emphasising on the growth and investment potential of SPR, Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation says that SPR micro market like other potential micro-markets of Gurgaon like Dwarka Expressway, CPR and Sohna Road, has seen remarkable surge in demand and property prices attracting both buyers and investors.
SPR, a 16-km corridor from Gurgaon Faridabad Road to NH-48, enhances accessibility and real estate value. It connects key roads like Golf Course Road and Sohna Road at Badshahpur Chowk, easing traffic and reducing travel with 20 minutes to Sohna Road, 14 minutes to Golf Course Extension, and 16 minutes to New Gurugram.
SPR also boasts of a strong social infrastructure. It offers a well-rounded eco-system with top schools like St Xaviers and DPS International, HealthCare facilities like CK Birla Hospital and Artemis Hospital and premium hotels like Lemon Tree and Grand Hyatt, making it ideal for living, business and lifestyle. Garvit Tiwari, Co-Founder and Director, Infra Mantra says that due to increased commercial activity, it is seeing significant capital value appreciation, in turn drawing end-users, occupiers and investors.
With 23 ongoing projects scheduled for completion between 2024 and 2029, contributing 11,900 units to the market, SPR is emerging as a prime investment destination with key projects like DLF Privana West (Sector 76) , Signature Global Titanium SPR (Sector 71) and Eldeco Fairway Reserve (Sector 80).
In conclusion, SPR is a prime real estate hub with strong connectivity, growing infrastructure, and rising property values. Its transformation into “Cyber City 2” positions it as a key driver of Gurugram’s growth and investment potential.