For years, Gurgaon's real estate conversation revolved around Golf Course Road, MG Road, and DLF Cyber City. The Southern Peripheral Road — better known as SPR — barely got a mention.
That's changed significantly over the last five years.
SPR has quietly evolved from a bypass road into one of Gurgaon's most-watched real estate corridors. Office parks have expanded, luxury developers have moved in, and buyers who missed the early cycle on Golf Course Extension are now paying close attention to what's happening here.
Here’s a practical look at what buyers and investors should know about SPR Road Gurgaon.
Where Is SPR Road Located in Gurgaon?
Southern Peripheral Road runs roughly from its intersection with NH-48 (Delhi-Jaipur Expressway) near Kherki Daula and stretches eastward, connecting to Golf Course Extension Road and eventually meeting Sohna Road.
It passes through sectors like 66, 67, 68, 70, 71, and 74A, forming the southern spine of what's often called Gurgaon's "New Gurgaon" or the southern corridor.
terms: SPR connects three of Gurgaon's most important arterial roads in a single corridor — NH-48, Golf Course Extension Road, and Sohna Road.
Why SPR Is Becoming Important for Gurgaon Real Estate
SPR’s growth has been driven by a combination of improving infrastructure, office expansion, and better connectivity across Gurgaon’s southern corridor.
Key Reasons Behind SPR’s Growth
NH-48 connectivity gives residents easier access to Delhi, IGI Airport, and major business districts
Golf Course Extension Road access connects SPR to some of Gurgaon’s most premium residential sectors
Sohna Road connectivity improves access to South Gurgaon and nearby residential catchments
Office expansion across business parks like Airia, Vatika, and M3M Urbana has increased residential demand in nearby sectors
Infrastructure upgrades including road widening, underpasses, and service lane improvements, have improved daily commuting conditions over the past few years
SPR has gradually evolved from an emerging corridor into one of Gurgaon’s more active luxury residential and commercial growth zones.
Connectivity Advantages of SPR Road
For daily commuters:
Central Gurgaon (Cyber City, Udyog Vihar) is accessible in 20–35 minutes in normal traffic
NH-48 entry reduces airport travel time considerably for frequent flyers
Golf Course Extension Road is a 5–10 minute drive for residents in Sectors 70–71
For Delhi-based buyers:
SPR offers one of the smoother access routes from South Delhi via NH-48 compared to the older MG Road or Sohna Road corridors
The Kherki Daula toll plaza is the main friction point — it's manageable for most but worth noting for daily office commuters
What's still missing:
Metro connectivity remains incomplete for most of SPR. The proposed extensions have faced delays, and buyers should not factor metro access as a near-term reality for most sectors on this corridor.
Luxury Residential Growth Along SPR
SPR's residential story has shifted sharply upmarket over the last three to four years.
The early supply on this corridor was largely mid-segment — 3BHK apartments in the ₹80 lakh to ₹1.5 crore range. That product still exists, but the new launches are operating at a very different price point.
What's driving luxury demand here:
Buyers priced out of Golf Course Road and Golf Course Extension are looking at SPR as the next logical step
Larger floor plates (3,000–5,000 sq ft apartments) are more available here than in older, denser corridors
Branded residences and international collaborations are giving SPR a luxury identity it previously lacked
NRI buyers who want a recognisable brand and modern amenity sets are particularly active in this segment
One of the standout projects in this shift is Tonino Lamborghini Residences on SPR, Sector 71 — a branded luxury development that represents exactly the kind of positioning SPR is attracting. See our full project analysis for details on configuration, pricing, and delivery.
The broader branded residences trend in Gurgaon is also concentrating on corridors like SPR. For a deeper look at this category, our luxury branded projects on the SPR corridor guide covers what branded residences mean for buyers and whether the premium is justified.
Commercial & Office Growth on SPR
The residential story on SPR is directly tied to its office market. And that market has grown meaningfully.
Key commercial developments in the SPR catchment:
Airia Business Park — one of the larger Grade A developments along this corridor, with significant occupancy from tech and IT companies
Vatika Business Park — a well-established business address with steady corporate tenancy
M3M Urbana — mixed-use commercial with office, retail, and hospitality components
Hero MotoCorp SEZ — a large employment hub that supports catchment demand
According to industry observers, the SPR-Golf Course Extension micro-market has been among Gurgaon's more active zones for Grade A office absorption over recent years, driven partly by companies looking for more cost-effective alternatives to Cyber City.
Impact on residential demand: Corporate tenants generate rental demand. Employees working in SPR's business parks prefer housing within 10–15 minutes. This supports both rental yields and long-term occupancy for investors.
Who Should Consider Buying Property on SPR?
SPR suits buyers in these categories:
End-users relocating to Gurgaon who need practical NH-48/Golf Course Extension access and don't want to overpay for an older Golf Course Road address
NRI buyers looking for branded, amenity-rich apartments with clear brand recognition and modern specifications
Long-term investors comfortable with a 5–7 year horizon who believe in the southward expansion of Gurgaon's office and residential footprint
Luxury upgrade buyers moving from older Gurgaon sectors (Sohna Road, DLF phases) who want larger, newer apartments without relocating entirely
SPR is less suited for buyers looking for an established neighbourhood feel, walkability, or near-term metro access.
Things Buyers Should Know Before Investing
A few realities that don't always make it into developer brochures:
Traffic: SPR's connectivity is good, but not frictionless. The Kherki Daula toll and peak-hour Golf Course Extension junctions can create delays. Visit during peak hours before committing.
Metro uncertainty: Multiple metro extension plans exist for this area. None have delivered for most of SPR's residential sectors as of now. Don't buy on the basis of metro proximity unless you can verify exact timelines independently.
Construction quality varies significantly: SPR has projects from established national developers as well as smaller regional builders. Due diligence on the developer track record and RERA compliance is non-negotiable.
Maintenance costs: Luxury and super-luxury projects on SPR come with maintenance charges that can run ₹8–15 per sq ft per month or higher. Factor this into total ownership cost calculations.
Delivery timelines: Some projects on this corridor have faced delays. Check the delivery track record before booking.
Investment Potential of SPR Road Gurgaon
To be clear: no corridor delivers guaranteed returns, and SPR is no exception.
What can be said, honestly:
SPR is in an earlier stage of its appreciation cycle compared to Golf Course Road or MG Road — which means more upside potential, but also more uncertainty
Office absorption in the surrounding sectors supports rental demand, which helps investor returns on completed inventory
The luxury segment is seeing genuine buyer interest from both end-users and HNI investors — not just speculative activity
Price appreciation on SPR has been meaningful over the last 3–4 years, though the base was lower than premium corridors
For a sector-by-sector analysis, our detailed Sector 71 investment analysis covers pricing benchmarks, supply pipeline, and what drives value specifically in that micro-market.
Realistic expectation: SPR offers a credible medium-to-long-term investment thesis for buyers who understand Gurgaon's infrastructure trajectory. It's not a short-term trading play.
Best Luxury Projects Along SPR Corridor
The luxury end of SPR is attracting a notable mix of branded and premium projects:
Tonino Lamborghini Residences (Sector 71) — Gurgaon's branded luxury play combining automotive heritage with high-end residential design. A standout for NRI and HNI buyers.
M3M projects across Sectors 65–70 — a mix of luxury apartments and penthouses, well-positioned for the office-proximate buyer
Signature Global and other established developers have also launched in adjacent sectors, at slightly lower price points
The branded residences trend — international brands licensing their identity for residential projects — has found particularly fertile ground along SPR. It gives buyers a recognisable identity and typically stronger resale visibility.
Final Thoughts
SPR Road Gurgaon is growing fast, with improving infrastructure, new luxury projects, and increasing office development across the corridor.
At the same time, buyers should also consider practical factors like traffic congestion, ongoing construction, and future metro timelines before investing.
For buyers looking at long-term growth and better connectivity in South Gurgaon, SPR has become one of the city’s more active luxury residential corridors.
The key is choosing the right project, location, and developer based on your budget and long-term plans.