Gurugram, (Haryana): Southern Peripheral Road
Gurugram, (Haryana): Southern Peripheral Road is one of the most in-demand destinations for Buyers and real estate developers.
This road connects Sohna Road to Golf Course Extension Road and NH-8; the area is widely connected to significant regional spots. This peripheral road is 16 km long and has become a real estate hotspot due to the availability of commercial and residential projects, making it the best region for investing.
Sahil Kapoor Head of 360 Edge Stated
Sahil Kapoor, National Head of 360 Edge, said it has several modes of transport that make the region accessible from different locations. Also, this SPR has encouraged the builders to introduce various projects in this locality as the investors are showing unprecedented interest. It also ensures a promising return on investment as the property prices continuously increase, and the investor and buyers get marvelous profits.
Ashwani Kumar, Pyramid Infratech, said, “Southern Peripheral Road” has become in demand in Gurugram as the buyers or investors are minded to move to this region due to its affordable projects. Also, its rapid connectivity makes this region worth choosing as a destination for owning a property in Gurugram.
Upcoming commercial, retail, and residential destinations on Southern Peripheral Road
Southern Peripheral Road adds up to Sectors 68-75 of Gurugram. It offers various affordable projects in the region compared to Golf Course Extension Road and various upper-class sections of the city.
There are various upcoming commercial, retail, and residential destinations on this road, and has metro connectivity with Sector 55 and Sector 56 of the Delhi Metro. SPR is accessible and connected to commercial hub areas like Golf Course Road, Cyber Hub, Udyog Vihar, etc. It is also close to Indira Gandhi International Airport, about 35-45 minutes.
Mr. Nayan Raheja, Raheja Developers, Said
Mr. Nayan Raheja, Raheja Developers, said, Also, in this region, numerous projects from every part make this the best area for investment, including residential developments, retail spaces, IT or ITES, and other projects. Most of the projects are completed and shall soon be occupied. Simultaneously, various residential projects are in progress and will soon be available for ownership.
Southern Peripheral Road has become the first choice for investors or buyers as it is well-connected and has various efficient projects compared to several other localities of Gurugram. This region is more accessible and affordable for the economic class, even though the property prices remain high as the area has rapid connectivity to the National capital, Said Shubham Sardana, Director, Elite PRO.
According to a recent report, SPR promises substantial returns on investment because property prices have witnessed a growth of approx. 13.34 percent during the last year and a half. This section of Gurugram is also good for rental properties because they’re quite affordable.
Many commercial projects like IT parks, shopping malls, and other residential and commercial projects are under expansion and will boost this region’s demand.
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