Southern Peripheral Road and Sohna Record Up To 165% Jump in Property Prices
The transformation is being supported by infrastructure upgrades, improving connectivity, rising residential absorption and increasing participation from established developers. SPR, which stretches for around 16 km and connects Golf Course Extension Road with Sohna Road and NH-48, has evolved from a transit corridor into a major residential and mixed-use destination. Average residential prices on SPR have reached around ₹16,249 per sq ft, with an 18.4% year-on-year increase reported in 2026 market data.
South of Gurugram (Sohna), meanwhile, is developing as a larger residential, industrial and employment-led growth centre. Colliers has identified Sohna and SPR among Gurugram’s key emerging micro-markets, supported by infrastructure development, expanding housing supply and employment-generating activity.
Infrastructure remains a key catalyst. In March 2026, GMDA floated a ₹755 crore tender for a 4.2-km signal-free elevated corridor between NH-48 and Vatika Chowk along SPR. The project includes a 4+4 lane elevated corridor, service roads, ramps and an interchange at NH-48, aimed at improving movement between SPR, NH-48, Dwarka Expressway and the Gurugram-Sohna Elevated Corridor. The state government has also approved two road projects worth ₹69 crore, including completion of the Sector 68–69 missing link and an upgrade of the 7.1-km IFFCO Chowk–SPR corridor.
NHAI has also proposed a dedicated two-lane left-turn flyover with paved shoulders for traffic travelling from Delhi towards Sohna Road. A second-level, three-lane right-turn flyover above the existing NH-8 flyover has also been proposed for traffic travelling from Sohna towards Delhi. The interchange is expected to segregate through traffic from local movements, easing congestion at the junction and improving connectivity between Delhi, Sohna Road and Sohna.
For Sohna, the operational Gurugram-Sohna Elevated Corridor and its connection to the Delhi–Mumbai Expressway have strengthened accessibility to Gurugram’s employment centres. Planned metro expansion and the growth of IMT Sohna could further support demand.
Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., said, “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. As more homes, employment centres and social infrastructure come up, demand for organised retail, offices, hospitality and other commercial services will naturally deepen. SPR is emerging as a premium residential and mixed-use corridor, while Sohna is developing into a larger residential and employment-led destination. We believe this convergence of infrastructure, developer participation and rising consumer demand will strengthen the position of these two micro-markets as important growth markets.”
The next phase of growth is increasingly expected to be commercial. As residential communities become operational, demand for organised retail, neighbourhood shopping, offices, hospitality, healthcare and entertainment is also increasing. Colliers’ research has highlighted the emergence of the Sohna Road commercial landscape, with 26 business park, IT/ITES and SEZ projects and around 13.28 million sq ft of existing commercial stock.
Established developers including DLF, Signature Global and Godrej Properties are active on SPR, while Sohna has attracted players such as Central Park, Raheja, Emaar, Trevoc and Signature Global. Signature Global has developed Cloverdale SPR in Sector 71 and recently forayed into branded residences with the launch of Tonino Lamborghini Residences, a premium development spread across 12.4 acres on SPR.
Signature Global’s ‘Daxin Gurugram’s X Factor’ in Sohna reflects its large-format, township-led approach. The company is also coming up with Infinity Mall, Sohna’s first organised retail destination, spread across 2.15 acres. The mall is designed as an elevated lifestyle and entertainment destination, featuring a curated mix of retail brands, a multiplex, food court, restaurants, entertainment options and a terrace café. With connectivity to NH-48 and the Delhi-Mumbai Expressway, the upcoming mall is expected to cater to the growing catchment of nearly 5 lakh residents in and around Sohna, further strengthening the area’s emerging organised retail ecosystem.
SPR is following a similar trajectory, with its growing residential base complemented by commercial and retail developments. Its strategic location between established employment hubs and emerging residential clusters is attracting Grade-A offices, high-street retail, hospitality and mixed-use projects. Signature Global has also entered large-scale commercial real estate through its 50:50 JV with RMZ Group to develop a mixed-use commercial district on SPR comprising offices, hotels and retail spaces. Infrastructure upgrades are expected to further improve connectivity and expand the catchment.
As residential density rises, employment centres expand and connectivity improves, Sohna and SPR are increasingly evolving into interconnected residential and commercial ecosystems. The convergence of premium housing, workplaces, organised retail, hospitality and improved transportation is expected to deepen local consumption and create a larger catchment for businesses, further strengthening South Gurugram’s position as a key growth market.
Published on:
25 August 2026
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