Southern Peripheral Road (SPR) and the South of Gurugram (Sohna) region are fast becoming prominent real-estate growth corridors in Gurugram. Property prices have surged by up to 165% over the past five years, according to Magicbricks data, while the Sohna side has experienced an increase of more than 140% in the same period.
The two corridors are benefitting from a suite of infrastructure upgrades, improved road connectivity, and a steady rise in residential absorption. SPR has evolved beyond a simple transit route into a sizable residential and mixed-use destination, with average residential rates now hovering around ₹16,249 per square foot.
Infrastructure Development
Infrastructure development remains central to the transformation of both corridors. In March 2026, the Gurugram Metropolitan Development Authority (GMDA) floated a tender worth ₹755 crore for a 4.2-km signal-free raised corridor that will link NH-48 with Vatika Chowk along SPR. The project design includes a 4 + 4 lane raised stretch, accompanying service roads, entry and exit ramps, and a full-size interchange at NH-48, all intended to ease congestion and cut travel times for commuters.
The state government has also approved two additional road projects valued at ₹69 crore. One initiative will complete the missing link between Sectors 68 and 69, while the other will upgrade the 7.1-km IFFCO Chowk–SPR corridor to a higher standard of pavement and safety features. Moreover, the National Highways Authority of India (NHAI) has proposed a dedicated two-lane left-turn flyover with paved shoulders to streamline traffic moving from Delhi toward the Sohna Road corridor.
Commercial Activity
Commercial activity is gaining ground in both SPR and Sohna, highlighted by the emergence of the Sohna Road commercial scene, which now comprises 26 business-park, IT/ITES, and special-economic-zone projects. The corridor has attracted established developers such as DLF, Signature Global, and Godrej Properties, while Sohna has seen participation from Central Park, Raheja, Emaar, Trevoc, and Signature Global.
Signature Global has developed Cloverdale SPR in Sector 71, a gated community that blends high-rise apartments with landscaped open spaces and amenities aimed at families. It recently entered the branded-residence segment with the launch of Tonino Lamborghini Residences, a premium development spread across 12.4 acres on SPR that offers luxury finishes and exclusive services. They are also advancing Infinity Mall, Sohna’s first organised retail destination, which occupies 2.15 acres and will host a mix of national and international retail brands.
Mixed-Use Ecosystem
SPR is moving toward a mixed-use ecosystem, where its expanding residential base is increasingly supported by commercial and retail development. The corridor’s location between established employment hubs and emerging residential clusters is attracting Grade-A office spaces, high-street retail outlets, hospitality venues, and other mixed-use projects that cater to both work and lifestyle needs.
The developer has also entered large-scale commercial real-estate through a 50:50 joint venture with RMZ Group to create a mixed-use commercial district on SPR. This district will combine office towers, hotel properties, and retail spaces, further diversifying the area’s economic profile. Additional infrastructure improvements are expected to enhance connectivity and broaden the corridor’s catchment area, making it more attractive to businesses seeking a well-linked location.
According to Mr. Pradeep Aggarwal, Founder & Chairman of Signature Global (India) Ltd., “Southern Peripheral Road and Sohna are moving into an important phase of their evolution, where infrastructure-led connectivity is translating into broader economic and real-estate activity.”
