SPR’s Benchmark Residential Projects Strengthen Gurugram’s Real Estate Market

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Whiteland Corporation has launched a mega residential project on Gurugram’s Southern Peripheral Road, sector 76. The total project area of 26 acres will be developed in phases, beginning with luxurious low rise floors and progressing to ultra-premium high-rise apartments.

Gurgaon has always been an investor’s first choice due to growth factors such as world-class infrastructure, connectivity, and the development of benchmark projects. The city is a global business hub, with many Fortune 500 companies having their headquarters there.

As economic activity picks up with the return of market confidence as a result of immunisation drives, demand for Gurgaon’s connecting areas is also increasing. SPR is one of Gurgaon’s most important real estate corridors.

What Sets Up High Growth Prospects In Gurugram?

The 16-kilometer stretch is critical for real estate development because it is easily accessible from the city’s other major residential and commercial hubs

Furthermore, the area is emerging as a central connecting point or nerve centre to Gurgaon’s other important micro-markets such as Sohna Road, Golf Course Road, Cyber City, Udyog Vihar, and so on. It connects Golf Course Road to National Highway 48, starting in Sector 58 and ending in Sector 74A, and covers 11 sectors in Gurugram.

In addition, the Gurugram Metropolitan Development Authority (GMDA) revised proposal calls for the construction of more flyovers and underpasses to improve traffic flow. A slew of infrastructure upgrades have also been planned along SPR under the New Gurgaon-Sohna Master Plan 2031, including the extension of the Delhi Metro’s Yellow Line, extending SPR to a six-lane expressway, and connecting it to the Gurgaon-Faridabad Road, which are setting high growth prospects for the region.

The RERA-approved low-rise project ‘Whiteland BlissVille’ is set to be one of the premium housing projects in Gurugram’s most promising and futuristic area.

Source-ET

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