Summary of this article
SPR emerging as premium residential destination.
Infrastructure spending boosts real estate demand.
Property prices rise over 18 per cent.
The southern peripheral road (SPR) in Gurugram is undergoing a remarkable transformation. Once this was envisioned as a strategic connectivity link, the 16-kilometre corridor is becoming one of the most sought-after premium residential destinations in Delhi-National Capital Region (Delhi-NCR), driven by large-scale infrastructure investment matched with the end-user demand.
Gurugram is strategically connected with Golf Course Extension Road, Sohna Road, and NH-48. SPR has evolved into an urban corridor that links residential neighbourhoods with key employment hubs, such as Cyber City and Udyog Vihar. This locational advantage has enhanced the appeal for homebuyers and investors who seek long-term value appreciation.
A major catalyst behind SPR’s rise is the sustained focus on infrastructure development. The Haryana government has allocated funds of Rs 2,000 crore in its 2025-26 budget to upgrade infrastructure along the corridor, reinforcing its vision of positioning the city as a premier real estate and corporate hub. This is often referred to as the Cyber City 2.0.
Infrastructure-led growth has translated directly into stronger real estate fundamentals. Large land parcels and improved connectivity have attracted leading developers, resulting in township-scale projects and premium housing developments. As of today, nearly 75 per cent of the corridor’s inventory is concentrated among prominent developers, such as DLF, M3M India, and Emaar India.
“Over the past few years, Gurugram’s growth story has increasingly been shaped by infrastructure. Markets that were once seen as emerging destinations are now attracting strong homebuyer interest because connectivity, social infrastructure, and overall liveability have improved significantly. We are seeing strong momentum across emerging residential corridors, such as New Gurugram, Dwarka Expressway, and SPR, where improved connectivity and growing social infrastructure are shaping homebuyer preferences. As these locations become better connected to major business districts and everyday conveniences, they are attracting increasing interest from both end-users and long-term investors,” says Ashok Singh Jaunapuria, MD and CEO, SS Group.
The residential landscape is increasingly dominated by larger configured units, including 3HK, 4BHK, and 5BHK homes that cater to affluent end-users and upgrades seeking a spacious living environment. The city offers lifestyle and growth support to the new-age homebuyers.
“Average pricing has witnessed consistent appreciation, rising from Rs 13,725 per sq ft in early 2025 to an estimated Rs 16,950 per sq ft by mid-2026, representing an annual increase of over 18 per cent, as stated in a report by Squareyards.
With more than Rs 1 lakh crore worth of projects planned between 2022 and 2027, SPR’s evolution reflects a wider shift in Gurugram’s urban development, with infrastructure not merely supporting growth, but actively driving it, too.
