SPR Will Fuel Real Estate Infrastructure In Gurgaon

In past one decade, Gurgaon has witnessed rapid development on both commercial and residential front. With many multinational companies making way in to the Millennium City, one of the key housing segments that has seen a spectacular rise is the luxury segment driven by speedy enhancement in the infrastructure. It has been perceived that with better infrastructure, growing aspirations, launches of mega projects in the neighbourhood by reputed developers and a great mix of entertainment and lifestyle facilities, Gurgaon has become an iconic city for luxury and style in the real estate industry. 

With the continuous advancement of the city, many connecting areas have also come into focus and brought under this huge progress. The Southern Peripheral Road or SPR is one of such areas that has grabbed the eyeballs of many developers. The construction of this stretch, which was stalled for a while, has resumed now and will provide a good link to many new emerging areas of the expanded city. This will also provide a continuous connectivity across major destinations in the national capital region.

HUDA's revived attention 

Real estate in Gurgaon, which has faced issues of delay in project completion, majorly due to the lack of access to adequate infrastructure seems to regain consumer's interest with renewed focus of the Haryana Urban Development Authority (HUDA) and the state government. This focus foretells better days are ahead for real estate sector especially residential. Southern Gurgaon, an upmarket site, is projected to raise a striking appreciation in the coming years. The residential segment is the foremost category with maximum land use readying the SPR to become the next big realty destination of Gurgaon. As per the New Gurgaon-Sohna Master Plan 2031, the focused part will be developing major infrastructure on the SPR like Metro connectivity, link to Gurgaon-Faridabad Road and extending the SPR into a six-lane expressway. 

SPR will be active soon

Many real estate developers are set to build multiple high-end residential projects at SPR, which will add to the gleam of Gurgaon's urban sprawl. The Southern Peripheral Road will provide great connectivity to the citizens travelling from Delhi to Gurgaon. The 16-km road, which starts from Mehrauli in Delhi and connects NH-8 near Industrial Model Township (IMT) Manesar, offers connectivity to Delhi and its adjoining areas.

Targets right kind of consumers 

Due to the excellent connectivity, the SPR has become the ideal hub for investment and residential purposes. Most of the projects are encouraged with contemporary facilities such as clubs, swimming pools and gyms. 

For the residential purpose, there are many advantages of the Southern Peripheral Road. Following are few to mention from. 

• It is close to nearly all the developed areas of the Millennium City – Gurgaon and the existing commercial centers.

• Top-notch developers from the real estate sector bringing great residential options.

• In comparison to the Northern Peripheral Road (NPR), the SPR has better social infrastructure.

• The SPR will be well-connected to Golf Course Extension Road, Gurgaon-Sohna Road and NH-8.

As the prices increase in the upcoming locations of Gurgaon, consumers and investors are bound to take the route to southern Gurgaon as the preferred location. 

Primanti: Primanti, a premium luxury housing complex by Tata Housing  is offering ready-to-move-in apartments near the SPR. Primanti is located in Sector 72 of Gurgaon. It is connected to NH-8, which provides easy access to airports, commercial hubs, schools, hospitals and other entertainment zones.

Primanti will be spread over 36 acres of sprawling landscape, where 80 per cent of the property is set aside for green spaces. This luxury housing complex will offer premium villas, duplexes and luxurious tower residences, elevated courtyards, open terraces and private gardens, clubhouse and gaming zone, along with spa facilities. The entire project is planned to offer a perfect ambience to de-stress and relax after spending long hours at the workplaces.