Gurugram’s Southern Peripheral Road (SPR) is rapidly transforming from a connector stretch into one of India’s most dynamic urban growth corridors. Once overlooked, this arterial belt now boasts over Rs 1 lakh crore in residential and commercial projects—either launched or in the pipeline—and is backed by a robust push in infrastructure that is redefining the city’s landscape.
In just two years, developers have committed Rs 50,000 crore along SPR, a figure expected to double by 2027, making it one of the most active and sought-after micro-markets in the country. Property prices along the corridor have surged to Rs 25,000 per sq ft, signalling high investor confidence and consumer demand. DLF and Signature Global are leading the charge, with the latter developing a 93-acre township comprising 17 million sq ft of saleable area, targeting Rs 27,000 crore in projected sales.
“SPR today represents more than just a road—it symbolises the direction of Gurugram’s next phase of intelligent urbanisation,” said Pradeep Aggarwal, Founder and Chairman of Signature Global. “Quality infrastructure and policy-driven growth are driving premium homebuyer interest.”
Fueling this boom is a series of aggressive infrastructure interventions. The Gurugram Metropolitan Development Authority (GMDA) has cleared long-pending land hurdles to enable two critical link roads near Sectors 65 and 71, measuring 170 and 350 metres respectively. With a total land acquisition cost of Rs 3.2 crore, these small yet strategic road links will drastically improve connectivity, support new utilities, and ease congestion between key sectors.
A more ambitious upgrade is also underway. A 5.5-kilometre elevated corridor from Vatika Chowk to NH-8 has been proposed at a cost of Rs 750 crore. Featuring six lanes, multiple ramps, and a cloverleaf interchange, the project is designed to streamline movement towards Dwarka Expressway, Delhi-Mumbai Expressway, and NH-248A, promising significant reductions in commute time.
Meanwhile, the long-awaited relocation of the Kherki Daula toll plaza to Panchgaon is expected within three months, removing a major bottleneck for SPR commuters. In parallel, over 95 kilometres of master road upgrades, stormwater drainage, flyovers, service lanes, and mobile STPs are being implemented across the corridor, supporting long-term resilience and liveability.
“Gurugram’s real estate is evolving rapidly,” said Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation. “Micro-markets like SPR, Dwarka Expressway, and Golf Course Road are seeing increased demand from buyers who seek connectivity and integrated lifestyle amenities. This reflects a maturing market where global design and sustainable living are prioritised.”
With integrated planning and premium developments converging, the SPR corridor is now considered the urban spine of Gurugram’s future. What was once a fragmented stretch has matured into a strategic real estate hotspot, drawing both end-users and investors who see long-term value in this thriving micro-market. As new roads connect with rising towers, SPR is becoming a showcase of what smart, sustainable urban growth can look like in modern India.