Southern Peripheral Road (SPR) is expected to be the most important and highlighted commercial and residential hubs of Gurugram in the coming/near future, as it features connectivity link to golf course extension road and NH8 along the Sohna road.
Southern Peripheral Road (SPR), a 150-meter-wide road, will directly connect the Golf Course Extension Road and National Highway 8, plus the Sohna Road, and is estimated to be the biggest residential and commercial real estate hub of the coming future.
SPR has been declared as a National Highway, which means that this stretch’s maintenance will come under the NHAI (National Highways Authority of India) and will be a six-lane expressway. In addition, Metro connectivity is planned along Southern Peripheral Road in the Phase II. The rise of SPR can trigger the rise of residential and commercial hubs in Gurugram, attracting developers to build new projects, giving Assets Deals more opportunities to create sustainable values for both residential and business purposes
SPR’s new sectors include 68, 69, 70, 70A, 71, 72, 73, 74, 74A, 75 & 75A and is expected to trigger the rise of residential and commercial hubs in Gurugram.
SPR will be set to become home to those looking for or shifting to new residencies and/or commercial spaces.
The planned development of infrastructure, several residential projects, villas, IT parks, shopping malls, spacious plots, good connectivity, and availability of projects nearing completion, make Southern Peripheral Road in Gurugram a sought-after location for home buyers. The region offers two, three, and four-bedroom apartments, along with numbered villas and plots.
Also, with most of the areas in Gurgaon reaching a saturation point as far as residential and commercial real estate is concerned, such as The Cybercity and Golf Course Road, the development of Southern Peripheral Road can prove to be a new budding location giving the benefit of novel residential and commercial areas.
Southern Peripheral Road is very well expected to lead to price appreciation in a few years along with spurring huge commercial demand in the future. Hence, investing in the commercial real estate along the Southern Peripheral Road (SPR) may count as a good idea.
Upon its full completion, The Indira Gandhi International Airport will only be 28 kilometers away from the SPR while the nearest railway station will be 14 kilometers away from the stretch and NH-8 will be accessible in half an hour. Work is in progress for key aspects like water supply, sewage systems, electricity, and landscaping.
The Metro Railway connectivity has already been made till Sectors 55-56 and will offer good connectivity options for residents along this stretch.Physical infrastructure too is well ensured through the Golf Course Extension Road, National Highway 48, and Sohna Road nearby while also having a Park Hospital close to the area along with GD Goenka Public School and other leading institutions. Malls such as Raheja Mall and Omaxe Celebration Mall are also located nearby.
Many prominent developers such as DLF, TATA, UNITECH, BPTP, SPAZE and M3M have launched their premium projects in this location. M3M, DLF, BPTP have created a huge wave of residential and commercial projects in Gurugram. M3M Cornerwalk, M3M Prive 73, M3M Broadway, are ready to move in commercial projects which provide lease for branded retail shops, commercial spaces and studio apartments under possession period and Dlf Alameda , M3M Skywalk ,Tata Primanti are the residential skyscrapers with all required premium amenities. Asset Deals awaits the development of the Southern Peripheral Road, and is thrilled to provide their clients with the best of deals and advice on its completion.
Source :rprealty plus