Southern Peripheral Road – Emerging Real Estate Hotspot in Gurgaon

Southern Peripheral Road in New Gurgaon in the Delhi-NCR region is drawing increased attention of end-users and investors alike. As a crucial link between Faridabad-Gurgaon Road, Golf Course Extension Road and Delhi-Gurgaon Expressway, the Southern Peripheral Road (SPR) is an emerging realty hotspot in New Gurgaon. In the next few years, it will emerge as a posh locality having a mix of residential and commercial properties. SPR is a developing micro-market having immense potential and can become an integrated region for end-user residential customers as well as MNCs, giving them a good mix of commercial, residential, and retail development options. Positioned as an up-market location, this 16 km long and 150-metre-wide road intersects Sohna Road at Badshahpur and connects NH-8 to the Golf Course Extension Road. Enjoying excellent connectivity to the existing commercial hubs and rapidly developing social infrastructure, residential as well as commercial realty market of SPR is expected to fetch good returns on investment in the years to come.

Advantages of Southern Peripheral Road

Excellent connectivity: The primary factors working in favour of this location are close proximity to developed areas of Gurgaon and the commercial hubs nearby. Another advantage is excellent connectivity to Golf Course Extension Road, Gurgaon-Sohna Road and NH-8. SPR is also linked to Dwarka Expressway through National Peripheral Road (NPR). Further, one can easily reach Delhi, Faridabad and Gurgaon through Hero Honda Chowk, Rajiv Chowk and NH-8 on SPR.

Improving infrastructure: HUDA has targeted to complete the work of laying the basic service infrastructure and sector roads. The improving infrastructure will further add value to the region. Work is ongoing for key aspects like sewage systems, water supply, landscaping and electricity. The metro railway network has already come till Sectors 55-56 and this will offer good connectivity options for residents along this stretch. In addition to these, the region has ample educational institutions, commercial complexes and malls.

Nearby educational institutes: The area offers better social infrastructure and amenities in comparison to the Northern Peripheral Road (NPR). BMW Training Centre and Suraj Public School are on the SPR while going towards Gurgaon-Jaipur Highway. Park Hospital is in close proximity to the area along with GD Goenka Public School among other leading institutions.

Nearby residential hubs: The residential areas next to to the SPR include Gurgaon Sectors 69, 70, 70A, 71, 73, and some portions of 48. Nearly, 20,000 units are under construction in several sectors along this road. Presence of social & retail infrastructure close to Sohna Road and in close proximity of major office hubs of Golf Course Road, Cyber City, Sohna Road, and Udyog Vihar.

Affordable prices: The under-construction properties in the locality are currently priced between the range of Rs 4,500 to Rs 9,500 which is approximately 20 percent-30 percent lesser than the projects on Sohna Road and Golf Course Extension Road.

Emergence of premium projects: The belt is touted to become a premium residential hub in future due to the presence of luxurious and ultra-luxurious projects equipped with modern amenities such as clubs, swimming pools, and gym facilities among others. The properties in the locality promise high specifications in terms of interiors. A majority of the apartments in the location are of 3 and 4 BHK configurations ranging between 1,500 sq. ft. to 3,000 sq. ft.

Proximity to commercial spaces: Besides residential realty, the area also has a great potential for institutional and commercial properties in Gurgaon. Sectors 74, 75 and the front belt of 71 and 73 are designated for commercial development. SPR is also in proximity with DLF Corporate Greens (having the Tata Consultancy Services office), next to NH-8. There is also the Raheja Mall and Omaxe Celebration Mall located nearby.

Future plans: As per the New Gurgaon-Sohna Master Plan 2031, a few major infrastructure projects are planned along the SPR. These include an extension of Delhi Metro Yellow Line, extending the road to a six-lane expressway and linking it to Gurgaon-Faridabad Road. Once these projects are completed, SPR will provide excellent connectivity of NH-8 to Golf Course Extension road.

The buyers should invest here due to the availability of multifarious options both in ‘ready to move in’ as well as under construction housing & in Commercial, office spaces. The sectors along the SPR have a plethora of Group housing projects on offer from major developers which are ideal for buying and investment. A number of residential projects are under construction in the sectors along the SPR and investments in these are going to bring in good returns. As the commercial and residential developments resonate with each other, the demand for residential projects in the vicinity of SPR is further growing due to the fast development of commercial projects.

The M3M CORNER WALK is situated on the Southern Peripheral Road sector 74, Gurgaon.  It’s a 3-side open corner property. The project has a wide frontage & very impressive design layout. M3M Corner Walk’ is conceptualized to be developed as a mixed-use property with retail, F&B, office spaces and residential towers. It has a grand frontage with two-side access in a rectangular-shaped. Corner Walk has been designed to offer high-street retail shopping experience and trendy commercial spaces. The new commercial corridor has open-to-sky courtyards and 12 meters wide boulevards, for a premium upper-crust shopping and dining experience. An innovative mixed-use style development comprising of Retail Shop, Food Court, Office Space and Studio Apartments.

Project USP and Features:

• Located in Sector 74 on main South Periphery Road (SPR) extended Golf Course Road Gurgaon
• SPR’s biggest 8 Acres (Approx.) High-street Retail market luxury apartments.
• Double height and Triple Height retail shops with wide frontage on main SPR
• Next to DLF Corporate Greens and opposite BMW Training Centre
• Ideal Location- Optimum connection to Golf Course Road, Sohna Road and NH8. Enjoys excellent arterial connectivity to Dwarka, Manesar & NCR. Seamless access to renowned schools and hospitals. It’s just a 30-minute drive from IGI Airport
• Lucrative Catchment Area- Population: 1,00,000 approximately, Commercial Spaces: over 700 approximately, Housing Units: 50,000+, out which 20,000 are under construction. M3M Corner Walk will be at the centre of it all.
• Contemporary Architecture- Contemporary architecture and upscale designs to create a holistic environment. Lower Ground, Ground/Upper Ground and First floor are for retail. Second floor for F&B/food courts with some retail shops. Outdoor display venues, pedestrianised spaces and vibrant, attractive landscaping. Well-articulated vehicular traffic with no conflict points for pedestrian movement.
• Upscale Amenities- Ample car parking area, 100% power back up, 24 hours security surveillance, Hospitality Retail with kiosks and eating joints on Second floor. Vibrant and attractive landscaping, seamless connectivity through high-speed elevators, escalators and sky bridges, Open-to-sky courtyards
• High-Street Retail Experience- The retail spaces will make provides an ideal shopping experience. Well-planned landscape design that opens into 12 metres wide boulevards. Entry is through a grand plaza with large frontage. Open courts, vivacious vistas, beautiful boulevards, & a central activity hub. Strategically located vertical and horizontal travel points are ideal for signage. Multiplex with entertainment zone and3 level basement parking.

ELAN EPIC is the latest project of the Elan Group, launched in Sector 70, Gurugram. Spread over a total land area of 4.5 acres, the project aims to be a prominent luxury retail destination. The private undertaking will have its own water body in the central atrium and will be easily accessible to over 1 lakh residential families that live in close vicinity. Additionally, the project will be connected to a 90-meter-wide along with a 30 meters green belt on both sides. This project will be a great investment for the potential buyers as they are offering an assured return plan. Furthermore, the project is situated in an area where you get a great connectivity to many major areas of Gurgaon. Also, Elan Epic Sector 70 Gurgaon sits at a prime location of Delhi NCR and includes the ample car parking, a world-class PVR multiplex, and a dedicated food court space. Besides, the commercial venture is only a few minutes away from National Highway-8. This, in turn also connects the project with the IGI Airport.

Elan Epic Highlights

• 800 ft. Wide frontage
• Designed by UHA London & Architecture by ACPL
• 9 hanging pods with reflective glass surface
• 2 side open corner plot with 275 ft. Wide road
• Waterfront facing shops with ample space
• Building facade enveloped with jewel like structure
• Surrounded by 1 lac residential units within close vicinity
• 18 escalators for easy connectivity & glass capsule lift rising from the middle of water body
• Water cooled dx air-conditioning system for all retail areas to maintain heat charge
• Unique LED façade with perimeter mesh for a dazzling effect
• 1 Km of Retail Circuit on each floor
• Central Atrium with the largest water body in a commercial development
• Floating Bar & F&B destinations
• State-of-the-art 5 Silver Screen Multiplex
• Musical fountains & free WIFI-zones

Elan Epic Location

• Located on the Southern Peripheral Road (SPR)
• Just, a few minutes away from NH-8
• In Close Proximity to Golf Course Extension Road
• Offers a Seamless connectivity to Dwarka Expressway
• And, Easy connectivity to IGI Airport
• Located in a major region of Delhi NCR

Thus, the area has a bright future ahead. The region offers a host of options for investment by reputed developers at affordable prices which will have capital appreciation of 25-30 percent in the near future. When fully operational, more developers are expected to launch their projects in the area which is bound to see much positive growth in the coming years. Thus, the demand for commercial and residential properties in Gurgaon along the SPR is touted to increase manifold in future.