The real estate market in Gurgaon remains one of the most lively ones in India, and two corridors are currently most popular as the theme of investment talks – Southern Peripheral Road (SPR) and Dwarka Expressway.
The two locations have a lot of promise for infrastructure development, modern residential developments and increased connectivity. But then again, they differ when it comes to presentation, pricing, future potential and risk involved.
This blog will analyse the SPR versus Dwarka Expressway, point out strengths and weaknesses, and finally arrive at a conclusion as to which one is a better area of investment, based on the needs of the prospective investor.
Golf Course Extension Road intersects with the Southern Peripheral Road in the vicinity of Sohna Road and passes through different micro-markets. Golf Course Extension Road links with sectors 68, 69, 70, 71, 72, 73, 74A and the Sohna and Manesar belts as well.
SPR Road has been able to transform itself from an initial speculative land into a developed area. The residential and commercial complexes over the years because of corporate growth and socio-economic infrastructure development.
The major micro-markets of SPR are the mid- to high-end residential projects, gated communities, schools, colleges and universities, malls and hospitals. There are many such developments that are already developed and occupied by residents, thus making it a better location than other underdeveloped locations.
Dwarka Expressway (Northern Peripheral Road, NPR) is one of the biggest strategic urban development infrastructures in NCR. It is an eight-lane controlled-access expressway connecting Dwarka in Delhi to Gurgaon and NH-48.
It caters to sectors 102-113 on the Gurgaon side, and its connectivity goes further up to Bajghera and New Gurgaon. It has the major advantage of entering Delhi-Gurgaon without moving to the crowded NH-48 road.
The fast growth of this corridor can be attributed to the several infrastructure developments undertaken with government backing, including the airport link, metro rail, and business centres. It is a highly promising market with great potential to explore.
| Projects | Location |
|---|---|
| Elan Emperor | Sector-106, Gurgaon |
| M3M Crown | Sector-111, Gurgaon |
| Max Antara | Sector-36A, Gurgaon |
| Central Park Delphine | Sector-104, Gurgaon |
| Whiteland Westin Residences | Sector-103, Gurgaon |
| Krisumi Waterside Residences | Sector-36A, Gurgaon |
| Point | SPR | Dwarka Expressway |
|---|---|---|
| Current Status | It is already in use, and some flyovers and upgrades are still going on. | This expressway is now fully operational and open for traffic. |
| Road Condition | The condition of the road is good, but there is heavy traffic during peak hours. | There is no traffic on this expressway, and it offers seamless connectivity. |
| Airport Connectivity | You can easily reach the airport via NH-48. | It offers direct connectivity to the Airport. |
| Surrounding Development | It offers a well-established location with top schools, malls, a commercial hub, etc. | This location is rapidly growing and just a few minutes from essentials. |
| Property Demand | High for end users | High for investors and future growth |
| Metro Connectivity | Metro is planned for future | Metro is planned for future |
SPR takes the lead with its connectivity and commuting convenience, whereas Dwarka Expressway scores well on future connectivity expansion.
| SPR | Dwarka Expressway |
|---|---|
| Prices have already seen significant growth in the last few years. | Still in the acceleration phase for appreciation potential. |
| Moderately stable appreciation phase | Infrastructure-led valuation upside likely as projects complete. |
| Premium projects are already priced higher due to the liveability advantage. | Large-scale investor interest due to expressway completion |
| Best suited for end users and stable investors. | Best suited for early investors with a longer horizon. |
The SPR has seen a significant price increase, and this corridor is now nearly developed. In this case, there is stable appreciation because of its development and good liveability.
On the other hand, Dwarka Expressway is in the growth phase. This is also providing good price appreciation, but more is yet to come here.
Moreover, this area has iconic structures, the airport, the aerocity and Delhi around it. So if you are an investor, then Dwarka Expressway is better than SPR.
Complete Guide to the Pros and Cons of SPR Road, Gurgaon
Advantages of SPR Road
Disadvantages of SPR Road
| Projects | Location |
|---|---|
| DLF Privana North | Sector-76, Gurgaon |
| Birla Pravaah | Sector-71, Gurgaon |
| Tonino Lamborghini Residences | Sector-71, Gurgaon |
| M3M Golf Hills | Sector-79, Gurgaon |
| Tulip Crimson | Sector-70, Gurgaon |
The answer is not the same for everybody, as it entirely depends on one’s aims:
Choose SPR if:
Choose Dwarka Expressway if:
If you take purely long-term capital appreciation into account, the majority of analysts recommend Dwarka Expressway as the answer since huge infrastructure projects bring long-term gains for several years. If you need both living and investment, SPR is equally attractive.
The comparison between SPR and Dwarka Expressway shall not be made based on which one is good and which one is bad. It should rather be made based on time, risk tolerance, and personal preference.
The SPR is a functional urban area that provides excellent livability, with the presence of companies and good price trends. On the other hand, the Dwarka Expressway is a key growth area for Gurgaon's real estate, with major infrastructure projects and interstate connectivity.
So, if you want to settle into a comfortable environment without any risks, then SPR is for you. Otherwise, if you are looking for high potential returns and an early-mover advantage, then Dwarka Expressway is more for you.
Anyway, it can be said that both these zones continue to be the best options available in Gurgaon real estate investment today.
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