This week Myshopdeal takes a look at the Southern Peripheral Road otherwise known as SPR located in Gurgaon. The locality is close to major office hubs of Sohna Road, Golf Course Road, Cyber City and Udyog Vihar. SPR is a 28 kms long and wide road starting from the airport and 14 kms from the nearest railway station. SPR comprises of several completed and under-construction residential projects.
Superb Connectivity:
The Southern Peripheral Road or SPR has emerged as a posh locality with a mix of residential and commercial properties and is the most preferred location as Golf course is saturated and Golf course extension is very expensive. SPR acts as a crucial link between Faridabad-Gurgaon road, Golf Course Extension Road and Delhi-Gurgaon Expressway, SPR is an emerging reality hotspot in New Gurugram.
Myshopdeal deals with the best upscale projects along SPR. We recommend it as an up-market location since this 16kmlong and 150-metre-wide road intersects Sohna Road at Badshahpur and connects NH-8 to Golf Course Extension Road.
With excellent connectivity to existing commercial hubs and social infrastructure developing rapidly, residential as well as commercial realty markets of SPR are expected to fetch good returns on investment in the future.
Why Choose SPR?
There are many factors working in favour of SPR and making it an excellent forthcoming residential hub.
- Developing micro-market comprising several completed and under-construction residential projects.
- Close to major office hubs of Sohna Road, Golf Course Road, Cyber City and Udyog Vihar.
- It enjoys good social & retail infra along Sohna Road.
- Schools, hospitals and malls are already nearby which includes GD Goenka Public School, Park Hospital, Omaxe Celebration Mall, Raheja Mall, etc.
- Sound physical infrastructure through NH-48, SPR, Sohna Road and Golf Course Extension Road.
Proximity with developed areas of Gurugram and commercial hubs nearby are the main factors working in favour of this location. Excellent connectivity to Golf Course Extension Road, Gurgaon-Sohna Road and NH-8 is also an advantage. SPR is also linked to Dwarka Expressway through National Peripheral Road (NPR). Further, through Hero Honda Chowk, Rajiv Chowk, and NH-8, one can easily reach Delhi, Faridabad and Gurugram along SPR.
The area offers better social infrastructure and amenities compared to Northern Peripheral Road (NPR). BMW Training Centre and Suraj Public School on SPR, on way to Gurgaon-Jaipur Highway, are added incentives for buyers here.
While development plan of Gurgaon-Manesar Urban Complex was getting drafted, Huda has reserved 125 acres for affordable housing in Sector 68. As per existing norms, there will be only 300 people per acre, which will make this area less dense.SPR is going to become a premium residential hub as per Myshopdeal in the future due to the presence of luxurious projects with modern amenities like clubs, swimming pools, gyms, all coming with high specification. Majority of the apartments in the location are of 3-and 4BHK configuration, between 1,500 sqft and 3,000 sqft in area.
Residential areas adjacent to SPR include Sectors 69, 70, 70A, 71, 73 of Gurugram.
Over 20,000 units are under construction in various sectors along this road. The properties under construction are currently priced in the range of Rs 4,500 per sqft to Rs 9,500 per sqft, around 20-30% lower than the projects on Sohna Road and Golf Course Extension Road.
SPR offers a host of options for investment from reputed developers at better prices in comparison to established Golf course & extension road. It has the full potential of capital appreciation of 25-30% in the near future, realtors say. When fully operational, more developers are expected to launch projects in the area.
Apart from residential realty, this area also has great potential for institutional and commercial development. Sectors 74, 75, and front belt of Sectors 71 and 73 are designated for commercial development. SPR is close to DLF Corporate Greens (housing the Tata Consultancy Services office), next to NH-8.
Prospects: As per the New Gurgaon-Sohna Master Plan, 2031, major infrastructure projects have been planned along SPR, including the extension of Delhi Metro's Yellow Line, extending SPR to a six-lane expressway and linking it to Gurgaon-Faridabad road. Once complete, SPR will provide excellent connectivity between NH-8 and Golf Course Extension Road.
Ready-to-move-in properties: Major areas along SPR are Sectors 69, 70, 71, 72, 73, 74, and 75, with Sectors 69 and 70 among the most developed due to their proximity to Faridabad, Sohna, and Gurgaon-Sohna Road.
Prominent developers like Tata Housing DLF, Unitech, Tulip Infratech AIPL, BPTP, have ready-to-move-in luxury projects in the area.
Sector 69 is a stone's throw away from commercial establishments and malls including Spaze, JMD, etc.
Key projects
Residential In SPR- Tata Primanti, AIPL Peaceful homes and M3M Escala, Paras Irene, BPTP township, Tulip Township.
Commercial Properties in SPR - M3M Broadway, M3M Cornerwalk, M3M Code 73 are some of the luxury commercial properties in this location.
Property prices on SPR range between Rs 6,500 per sqft and Rs 8,000 per sqft, with great expansion possibilities.
Myshopdeal is a realty partner and is associated with all the top builders like M3M, Godrej, Emaar, Shapoorji,AIPL, Trump, Microtek etc. We have property options ranging from 1 cr to 20 cr all over Gurgaon at prime locations. Our sincere and efficient team is always willing to assist on any of your queries. Call us at 9711750505.
Author - Ipshita Ray
Head Content & Social Media
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