An iconic city that is elevating every other moment
with its rapid urbanization which has been due to the hallmark of growth and
development. Southern Peripheral Road (SPR), the growing real estate hub in New
Gurgaon, Delhi-NCR region is drafting the attention of investors and developers
in the city. This will bring home a good link towards new emerging areas of the
expanded city.
SPR will also provide uninterrupted connectivity
across major terminations in the National Capital Region (NCR). A crucial link between
Faridabad-Gurgaon Road, Golf Course Extension Road and Delhi-Gurgaon
Expressway, the Southern Peripheral Road (SPR) is a nascent realty hotspot in
New Gurgaon. The 16 km long and 150- meter wide road, SPR originates from
Gurgaon-Faridabad road near Ghata Village and links to National Highway 8, just
before the Kherki Daula Toll, is envisaged to ease the connectivity within
Gurgaon as well as provide the alternate route for heavy traffic to ply through
the city. Commuters from Sohna Road, Faridabad, Golf Course Road can directly
reach Rewari and Manesar through SPR without moving on to Gurgaon section of
NH-8.
SPR with its first-class connectivity with the
highly-developed sphere of Gurgaon and the commercial hub close at hands are
the prime demand operator of this location. Besides connectivity, this area has
a great prospect for institutional and commercial developments. The commercial
developments will add gleam to the Gurgaon’s urban inhabitants. The area offers
better social infrastructure and conveniences in comparison to the Northern
Peripheral Road (NPR). It is icing on the cake when to know that SPR also
upkeeps about the residential hubs. The residential segment is the most
influential category for the denizens making SPR all set to become the next
grown realty destination of Gurgaon. The improved connectivity is beneficial
for the real estate developers as well. An estimate shows there are altogether
50 new real estate projects and approximately 20,000 units that are under
construction in various sectors along this road. Ravish Kapoor, Director, Elan Group, said the
opening of SPR will fill a crucial connectivity gap for the new sectors.
“Commuters will get ease from traffic jams on Sohna Road & MG Road and will
be able to reach NH-8 right away from Faridabad and Golf Course Road”.
Further, more developers are expected to launch their
projects in the area which will facilitate us to see additional irrefutable
growth in the coming years. Thus, the demand for properties along the SPR is
touted to increase manifold in future.
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