Parveen Jain, CMD, Tulip Infratech & Vice Chairman, NAREDCO
By Parveen Jain,
Gurugram, in the last more than a decade has seen unprecedented growth in its Realty outlook, infrastructure, connectivity via road and metro network, Housing, commercial, offices, institutions, entertainment hubs, shopping malls, sports facilities, modern amenities, latest technologies, landscaping, services and overall development in all aspects which has established Gurugram as the front runner at par with Delhi, Mumbai and any other world class city.
The above mentioned virtues of Gurugram attract masses from far off states all over the nation in search of jobs at all levels for a better living. To cater to the housing and living needs of the teeming millions, Gurugram keeps on bracing itself with even further development round the clock.
To choose one particular location from Gurugram which has seen unprecedented development is a difficult task, but for this Southern Peripheral road and its vicinity comes to the mind which truly fits the bill. The areas around the SPR have become a Realty hot spot because of its important route as it intersects Sohna road at Badshapur coming from Faridabad Gurgaon road, Golf course extension road, meets NH-8 and then merges with Northern peripheral road or Dwarka expressway.
The just of the matter is that Southern Peripheral road joins the most important roads of Gurugram like Golf course road, Sohna road, NH-8 and Dwarka expressway. So the most important offices, commercial, residential areas which lie along these roads become automatically easily accessible from the Southern peripheral road (SPR).
The surrounding areas in the vicinity of the whole Southern Peripheral road in Gurgaon have become the major hub for buyers and investors because of proper developed infrastructure and all the major Residential and commercial developments taking place in these areas. This high in demand Realty hub along SPR route is due to easy accessibility from all directions, connecting important locations with less travel time and with proper infrastructure and all amenities available.
The buyers should invest here due to the availability of multifarious options both in ‘Ready to move in’ as well as under construction housing & in commercial, office spaces. The sectors along the Southern peripheral road have a plethora of Group housing projects on offer which are ideal for buying and investment in the current scenario.
Projects from major developers lie along the SPR route, the vicinity of which makes it an ideal choice for buying and investment. Major residential and commercial projects are coming up along the southern peripheral road. A number of residential projects are under construction in the sectors along the southern peripheral road. Investment in projects along SPR are going to bring good returns in the future.
The author is CMD, Tulip Infratech & Vice Chairman, National Real Estate Development Council (NAREDCO)