Gurgaon’s SPR Corridor to Hit Rs 1 Lakh Crore in Realty Sales by 2027

Southern Peripheral Road (SPR) in Gurgaon is rapidly emerging as one of the most prominent real estate zones in India. The real estate value along this road has increased very steeply, with residential and commercial projects worth over Rs. 1 lakh crore either already launched or planned for the coming years.

In just the last two years, developers have introduced projects worth Rs 50,000 crore along SPR, a number expected to double by 2027. This sharp rise is a direct result of increasing demand, major infrastructure upgrades, and a growing interest from developers. Today, property rates in this region have surged to around Rs 25,000 per square foot. Leading developers like DLF and Signature Global are driving this growth, with Signature Global working on a massive 93-acre township project that aims for Rs 27,000 crore in sales.

A significant catalyst behind SPR's rise is the government’s focus on infrastructure. Recently, the Gurugram Metropolitan Development Authority (GMDA) acquired key land parcels near Sector 71 and Sector 65 for the construction of two important roads, set to improve connectivity in the area. These new road links, along with over 95 km of road upgrades, will significantly reduce travel time and make SPR even more accessible.

In addition, a 5.5-km elevated corridor between Vatika Chowk and NH-8 is in the works, with an investment of Rs 7.5 billion. This project, along with plans to relocate the Kherki Daula toll plaza, will ease traffic flow, benefiting both residents and commuters.

Real estate experts note that SPR is becoming a key destination for homebuyers and investors alike. Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation, says that today’s homebuyers want well-connected communities with top-notch amenities, and SPR is meeting these demands. With luxury projects and essential infrastructure developments taking place, SPR is setting the stage for the next phase of urban development in Gurugram.

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