Gurugram's SPR Emerges as a Luxury Real Estate Hotspot

Once a neglected bypass, Gurugram’s Southern Peripheral Road (SPR) has transformed into one of the city’s most vibrant real estate growth corridors, with property values more than doubling in five years.

Spanning 16 km, SPR has seen a surge from just three project launches in 2022 to 23 ongoing projects today, expected to deliver 11,900 residential units by 2029. Since 2022, the corridor has witnessed over Rs. 50,000 crore worth of new residential launches, boosted by the government’s Rs. 750-crore elevated corridor project and high-end developments from leading builders like DLF, Emaar, Signature Global, M3M, and Tribeca.

Key Highlights

• Gurugram’s SPR property values have doubled in five years
• DLF Privana North sold Rs. 11,000 crore worth of luxury units in a week
• Trump Tower Residences sold Rs. 3,250 crore worth of homes on launch day

The area is now a prime hotspot for luxury and ultra-luxury housing. DLF is spearheading development with its massive 116-acre DLF Privana township, comprising Privana West, Privana South, and Privana North. In Q1 FY25, DLF Privana North sold 1,164 luxury units worth Rs. 11,000 crore in just one week. Similarly, Trump Tower Residences in Sector 69, by Tribeca and M3M, sold all 298 units worth Rs. 3,250 crore on launch day. The first Trump Tower in Gurugram, launched in 2018 at Rs. 13,500 per sq ft, now trades at Rs. 40,000 per sq ft, reflecting the area’s sharp appreciation.

Also Read: Gurugram Leads India's Booming Luxury Housing Market

With top-tier projects, massive infrastructure upgrades, and skyrocketing demand, SPR is fast cementing its status as Gurugram’s luxury real estate epicenter.