Once a quiet connector road on the edge of the city, Southern Peripheral Road (SPR) has turned into one of Gurugram's most closely watched residential markets. SPR is a 16-km arterial corridor connecting Gurgaon-Faridabad Road to NH-48, and by linking key roads such as Golf Course Road and Sohna Road at Badshahpur Chowk, it eases congestion and reduces travel time. The corridor spans multiple sectors, including 69, 70, 70A, 71, 72, 73, 74, 76, 77, 78, 79, 79B, and 80, making it a major growth belt in Gurugram.
The numbers tell their own story. According to a survey by an online realty platform, property prices along the SPR have surged nearly 125 per cent between December 2022 and December 2025, with average prices now exceeding Rs 17,000 per sq ft, reflecting strong end-user demand and healthy residential absorption. A separate analysis puts the appreciation even higher: residential prices along SPR have appreciated by nearly 160% over the past five years, while a Square Yards report highlights an 18.4% year-on-year increase in average residential prices to Rs. 16,249 per sq. ft. Demand has followed price: housing demand along SPR has witnessed a six-fold jump according to PropEquity data, with the region recording absorption of 10,240 units between 2020 and March 2025, a steep rise from the 1,535 units sold during 2015 to 2019.
This growth is being underpinned by a wave of government spending. The Haryana Budget 2026 revived the long-pending Greater Southern Peripheral Road (SPR) project, a 21-kilometre road connecting Sector 58 on the Gurugram-Faridabad Road to IMT Manesar, which will give residents access to all upcoming projects on SPR and function as an outer ring road for New Gurugram. Chief Minister Nayab Singh Saini also unveiled a 14-kilometre elevated road corridor connecting Ghata to NH-48 via Vatika Chowk, estimated at nearly ₹2,900 crore, to ease traffic along one of the city's busiest stretches. Separately, key projects include a ₹755-crore elevated corridor between Vatika Chowk and NH-48 slated for completion by 2027, an eight-lane widening of the Vatika Chowk-Ghata Chowk stretch, and plans for service roads, pavement upgrades and a master stormwater drain expected by June 2026.
DLF has emerged as the corridor's most prominent developer. DLF 6 spans across 116 acres along SPR, which real estate consultancy Anarock describes as a key micro market within Gurugram's real estate landscape, stretching from Sector 58 near Gurugram-Faridabad Road to NH-48 near Sector 74A. Branded DLF Privana, this integrated township across Sectors 76 and 77 carries forward DLF's legacy of premium living established by The Aralias, The Magnolias, The Camellias, and The Belaire, and is envisioned as a modern, self-contained urban ecosystem. The firm had already sold out two earlier launched projects — Privana South and Privana West — with 1,113 units and 795 units, respectively, together generating a topline of over Rs 12,790 crore, according to industry reports. A third phase is on the cards: DLF is planning a luxury high-rise with over 1,000 residential units within DLF 6, positioned across Sectors 76 and 77, with the development expected to focus on mobility, green infrastructure and resilience.
Developers see the momentum continuing. Aakash Ohri, Joint MD and Chief Business Officer of DLF Home Developers, has noted that Gurugram is growing fast with many new infrastructure projects, that SPR is one of the fastest growing areas, and that location plays a crucial role when people decide to buy a home. Pradeep Aggarwal, Founder & Chairman of Signature Global, echoed the sentiment, saying the near doubling of property prices over the past few years was driven by steady residential absorption, large-scale infrastructure upgrades, and the strong presence of reputed developers delivering well-planned communities, positioning SPR as a structurally resilient and future-ready growth corridor. Rahul Purohit, Co-Founder & CBO of Square Yards, added that SPR's steady price appreciation reflects the emergence of a highly structured and demand-driven residential corridor, where infrastructure creation is directly translating into market confidence and end-user absorption.
Connectivity upgrades on the horizon should sustain this trajectory. Major infrastructure projects are underway to improve connectivity, including Gurugram Metro Rail Limited's proposed 36-km Sector 56-Pachgaon corridor with 28 elevated stations, featuring a planned double-decker viaduct between Ghata Chowk and Vatika Chowk that integrates a metro line and an elevated road on common piers at an estimated cost of Rs 8,500 crore. Beyond residential towers, DLF is also building the commercial backbone of the corridor: Cyber City 2 is being developed in Sector 74A and 75A and is set to be the biggest commercial zone developed by DLF, housing more than 500 corporate offices and international companies.
For homebuyers, the message is straightforward — SPR is no longer a peripheral bet. With sold-out launches, sustained price appreciation, and thousands of crores of government spending flowing into roads, flyovers and a future metro line, the corridor is consolidating its position as one of Delhi-NCR's most credible growth stories, with DLF's Privana township at its centre.
