NCR

Nimbus Projects Limited (‘Nimbus Group’) one of North India’s leading real estate developers, today announced a strong operational performance for the first quarter of FY 2026-27, reporting 134.31% year-on-year growth in pre-sales booking value, supported by robust residential demand, healthy customer collections, and continued execution across its project portfolio.

The Company recorded pre-sales booking value of Rs.157.36 crore during Q1 FY27, compared with Rs.67.16 crore in the corresponding quarter of the previous financial year. Customer collections also increased significantly to Rs.75.91 crore from Rs.50.69 crore, registering a growth of 49.75%, reflecting improved cash flow realization, sustained customer confidence, and efficient project execution.

The strong quarterly performance demonstrates the Company’s disciplined execution strategy, customer-centric approach, and growing brand recognition in the rapidly expanding real estate markets of Noida, Greater Noida and the Yamuna Expressway (YEIDA) region, which continue to benefit from large-scale infrastructure development, enhanced connectivity, and increasing end-user demand.

Key Operational Highlights – Q1 FY27

The Company’s operational performance reflects resilient demand from both end-users and investors, supported by improving market fundamentals and infrastructure-led growth across the National Capital Region (NCR).

Commenting on the Performance, Mr. Bipin Agarwal, Chairman and Managing Director, said:

“The strong growth in pre-sales reflects sustained homebuyer confidence and healthy demand across our key markets. Our focus on timely execution and a disciplined sales strategy continues to support the steady conversion of bookings into collections, strengthening our cash flow position.

Looking ahead, the NCR, particularly Noida, Greater Noida and the Yamuna Expressway (YEIDA) corridor, is witnessing unprecedented infrastructure-led transformation. The launch of Noida International Airport, Ganga Expressway, expanding metro connectivity, industrial and logistics hubs, along with the proposed Japan City and Singapore City developments, have the potential to significantly enhance the region’s investment appeal and reinforce long-term demand for quality residential and mixed-use developments.

As part of our long-term growth strategy, Nimbus is expanding beyond the NCR into high-potential markets across Uttar Pradesh. We have recently signed a Memorandum of Understanding (MoU) for the development of an integrated township project in Mathura, one of India’s most revered holy cities, under the Uttar Pradesh Township Policy, 2023. We believe Mathura’s growing religious tourism, improving infrastructure and increasing demand for organised real estate make it an attractive long-term growth market.

Building on this milestone, we are actively evaluating opportunities in other high-growth Tier II and Tier III cities, including Meerut, Vrindavan, Hapur, Rudrapur, Muzaffarnagar, Bareilly and Rohtak, through integrated townships and mixed-use developments. With our disciplined execution capabilities and customer-first philosophy, Nimbus is well-positioned to capitalize on these emerging opportunities while creating sustainable long-term value for our customers, investors and all stakeholders.”

About Nimbus Group

Established in 1993, Nimbus Group is a diversified real estate and infrastructure development company with over three decades of experience in developing residential, commercial, mixed-use and integrated township projects across the National Capital Region (NCR).

Over the years, the Group has built a strong reputation for quality construction, timely delivery, customer trust and execution excellence. With a strategic presence across Noida, Greater Noida, Greater Noida West and the Yamuna Expressway (YEIDA) region, Nimbus continues to strengthen its footprint in one of India’s fastest-growing real estate corridors.

The Group is well-positioned to benefit from the region’s next phase of growth, driven by the Noida International Airport, expanding metro and expressway connectivity, industrial and logistics hubs, and the Government’s vision for globally benchmarked urban centres in the YEIDA region. Alongside its leadership in the NCR, Nimbus is pursuing strategic expansion into emerging markets across Uttar Pradesh through integrated township and mixed-use developments.

Nimbus remains committed to delivering quality developments, creating sustainable communities and generating long-term value for homebuyers, investors, business partners and all stakeholders.

Sohna has steadily emerged as one of the most promising residential markets in the Delhi-NCR region, over the last few years. The micro-market driven by infrastructure development, planned urban expansion and evolving homebuyer aspirations has transitioned into a destination that is increasingly attracting both end-users and long-term investors.

The growth of Sohna reflects a broader shift in buyer preferences towards locations that offer connectivity, quality of life and future growth potential in equal measure.

Infrastructure Creating a Strong Foundation

Connectivity has played a pivotal role in Sohna’s transformation. The operational Sohna Elevated Corridor and improved connectivity through the Delhi-Mumbai Expressway have substantially reduced travel time to Gurugram and Delhi, making the location more accessible for daily commuters and businesses alike.

Alongside infrastructure upgrades, the Sohna Master Plan 2031 has established a structured roadmap for long-term development. The planned expansion of residential, commercial and institutional zones has brought greater confidence to the market and encouraged sustained real estate activity, reinforcing its position as a growing urban hub.

The region’s growth is reflected in its market performance. According to research by ANAROCK, Sohna Road witnessed a 74% rise in capital values between the end of 2021 and Q2 2025, making it one of the strongest-performing residential corridors in NCR during this period. The report also highlighted a significant increase in rental values, reflecting growing end-user demand and strengthening market fundamentals.

A Market Benefiting from Lifestyle-Led Demand

Beyond infrastructure-led growth, Sohna’s appeal is increasingly linked to the lifestyle it offers. The presence of the Aravalli landscape, comparatively lower-density development and availability of open spaces have positioned the area as an appealing alternative to more congested urban corridors.

As homebuyers place greater emphasis on wellness, green surroundings and balanced living environments, residential destinations that combine natural settings with urban convenience are gaining preference. Sohna has benefited from this shift, with many residential projects focusing on integrated living, expansive green spaces, and lifestyle-enhancing amenities. This evolution in buyer preferences has further supported the growth of premium housing in the area, underscoring the market’s increasing maturity and long-term potential.

Anil Godara, Founder and Managing Director, J Estates, said, “ Sohna has moved well past the speculative stage. The Master Plan, the expressway and the available land are real foundations. For senior living specifically, the Aravalli setting, the open spaces and the pace of life here are not accidental advantages. They are exactly what the segment requires. The revised FAR policy adds the commercial logic to back it up. We see serious long-term potential here, both for the micro-market as a whole and for senior living in particular,”.

Mr. Pushpender Singh, Managing Director, JMS Group, said, “What we’re observing currently is a very organic change in how individuals are opting to live and invest. There is a growing preference for homes where aspiration can meet the buyer’s achievement, particularly ideal for expanding families and young professionals without getting under an uncomfortable financial burden. Simultaneously, enhancing connectivity—via new highways, expressways, or metro links—is making outlying areas seem much more reachable than they were a few years back. Areas that were previously seen as ‘outskirts’, such as Manesar and Sohna are now developing into well-designed, habitable communities. In the future, the mid-segment is set to grow even more robustly. As infrastructure continues to grow, these corridors will evolve into independent micro-markets with enhanced social and commercial systems. _This segment provides a balanced option for both end-users and long-term investors—consistent growth, lower entry expenses, and practical utility. It mirrors the future of Indian housing in numerous aspects, emphasising that connectivity and liveability are equally important as location.”

Growing Relevance for Senior Living

Sohna’s evolution is also creating opportunities in specialised residential segments such as senior living. The combination of open spaces, a relatively peaceful environment and improving connectivity aligns well with the needs of India’s growing elderly population. Policy support is further strengthening the segment. Recent measures by the Haryana Government aimed at encouraging retirement housing development are expected to improve project viability and attract greater participation from organised developers.

As the senior living sector continues to mature, locations that offer a healthier and more community-oriented living environment are likely to witness increased demand. Backed by its natural landscape and long-term development vision, Sohna is emerging as a preferred destination for buyers seeking a balanced lifestyle.

Future Growth Trajectory

Sohna’s future growth trajectory will be supported by the ongoing development of social infrastructure, including healthcare centres, educational institutions, retail hubs, and community amenities. While these areas continue to evolve,the region’s underlying fundamentals remain strong, providing a solid foundation for sustained residential and economic growth.

A recent study by Colliers identified Sohna as one of Gurugram’s most promising emerging micro-markets and projected property appreciation of up to 1.6 times by 2030, supported by infrastructure improvements, planned development and growing residential demand.

As connectivity improves and urban development progresses, Sohna is increasingly being viewed not as an emerging alternative, but as a residential destination with its own distinct identity and long-term growth potential.

For years, NCR’s retail geography revolved around South Delhi and Central Gurugram. These regions held the addresses that mattered, and everything else waited in the wings. That certainty is giving way. A decade of infrastructure investment, including expressways, metro corridors, elevated roads, and the impending Noida International Airport, has decentralised commercial gravity across the region, drawing organised retail into markets that once barely registered on a leasing map.

In Q1 2026, NCR’s retail sector recorded a gross leasing volume of 0.65 million sq ft, with the Prime Others and Suburbs submarkets together accounting for nearly the entire demand pie. Vacancy levels declined to 12.8%, and close to 3 million sq ft of new supply is expected to become operational through 2026. Locations such as Dwarka Expressway, Greater Noida, and Faridabad are poised to absorb the next wave of retailer expansion.

Jatin Goel, Executive Director, Omaxe Group, said, “The NCR retail market is undergoing a structural shift, where growth is increasingly moving beyond traditional retail hubs into infrastructure-led corridors. As developers, we are witnessing this transformation firsthand across our projects. Faridabad, for instance, has evolved significantly over the last decade and is now entering a new growth cycle, supported by expanding connectivity, metro access and a steadily growing residential catchment.”

He further added, “The same momentum is visible in Greater Noida, where infrastructure projects such as the upcoming Greater Noida Terminal and the Noida International Airport are strengthening the region’s position as a major consumption and business destination. Importantly, the benefits of the Jewar airport ecosystem will extend far beyond Noida and Greater Noida, positively impacting markets across NCR, including Faridabad. In Dwarka, strategic connectivity to Delhi, Gurugram and the airport corridor is creating a strong foundation for organised retail growth. The fact that retail vacancy across NCR has declined to 12.8% and nearly 3 million sq ft of new retail supply is expected this year reflects growing retailer confidence in these emerging destinations. We believe the next phase of NCR’s retail growth will be driven by markets where infrastructure, population growth and consumption demand are converging simultaneously.”

The retail opportunity in NCR is no longer concentrated; it is spreading, corridor by corridor, catchment by catchment, in step with the infrastructure that is making it possible. Long characterised by its industrial identity, the city has undergone a steady residential transformation. That divergence is now the opportunity. As per Square Yards, commercial property in Faridabad, particularly showrooms and retail shops, is responding accordingly, with showroom rates in the city averaging Rs. 27,244 per sq ft and rising 13.79 % in recent quarters. More telling still, Faridabad Central has recorded significant appreciation in property values, signalling that the market is repricing the city’s fundamentals in real time.

Nandini Taneja, CEO, Bhumika Enterprises, said “Faridabad and Gurgram have quietly built one of the most compelling consumption profiles in NCR. The concentration of GCCs, MNCs, and global brands along the expressway has created a consumer base that is internationally exposed, aspirationally oriented, and with spending patterns that are genuinely premium. We’re seeing brands that would previously have considered South Delhi or Greater Noida as their only NCR address now treating Faridabad and Gurgram as a primary market in its own right. The demand for premium and curated retail space in this corridor reflects a structural shift in who lives and works here.”

NCR has seen play out in real time across several corridors simultaneously. The full operationalisation of Dwarka Expressway unlocked a densely populated residential belt that had long outpaced its retail infrastructure. And then there is the Noida International Airport, whose aerocity planning is already shaping land use, mixed-use development, and long-term retail strategy across the Yamuna Expressway corridor.

Harinder Singh Hora, Founder Chairman, Reach Group, said, “The Dwarka Expressway corridor has transitioned from a future-growth story to a demand-led market. Strong infrastructure delivery, sustained residential absorption, and the emergence of an affluent consumer base are creating a compelling case for organised retail. With Gurugram’s population expected to nearly double by 2041 and residential demand in the micro-market remaining strong, retail growth is no longer a matter of anticipation but of timing. The increasing participation of leading brands and retailers through active leasing decisions reflects growing confidence in the corridor’s long-term potential and the demand already visible on the ground.”

Connectivity, once the market’s primary limitation, has strengthened materially. For developers and brands with the foresight to read emerging markets ahead of the curve.

Mitul Jain, Managing Director, SPJ Group, said “Gurugram’s retail sector has long been defined by its destination malls and premium high streets. But the more interesting conversation today is happening in Old Gurgaon– a dense, affluent, and deeply established residential pocket. What makes this market particularly compelling is the momentum building around neighbourhood malls. These formats cater to consumers who value proximity, quality, and experience in equal measure. The demographic here is wealthy and discerning. Developers and brands that are reading this market closely are recognising a rare convergence strong demand, an established consumer base and a format evolution that is only just beginning.”

What was once positioned primarily as an affordable residential and back-office destination has completed a quiet but thoroughgoing transformation into a mixed-use economy. Micro-markeys is anchored by a concentration of GCCs, MNC campuses, and knowledge-sector employers whose workforce mirrors, in both income profile and consumption aspiration, the premium demographics of South Delhi and Cyber Hub. 

For decades, the National Capital Region (NCR) housing market was largely shaped by regional developers with deep local expertise and established land banks. Today, this scenario is seeing notable transformation. National developers who previously focused mostly on their home markets like Mumbai, Bengaluru, Pune, Hyderabad, and Ahmedabad, are steadily expanding into NCR – highlighting a broader shift towards a more institutionalized and brand-driven residential real estate landscape.

According to latest ANAROCK Research data, the share of new NCR residential supply by national developers has quadrupled in the last four years – from 3% of the region’s total new residential supply in 2022 to over 13% by 2025-end. These players include Godrej Properties Ltd., Prestige Estates, TATA Housing, Mahindra Lifespaces, Adani Realty, Sobha Ltd, Shapoorji Pallonji Group, and Birla Estates.

Regional players continue to dominate this market, but large and listed developers from beyond NCR are now actively participating in its ongoing housing market evolution.

Santhosh Kumar, Vice Chairman – ANAROCK Group, says – “Of approx. 25,355 residential units launched in NCR in 2022, national developers spoke for just 3%, or less than 700 units. In 2025, out of the approx. 61,775 units launched in the entire region, nearly 8,100 units were by national players. Their participation reflects this markets’ increasing institutionalisation, as well as homebuyers’ growing preference for trusted brands with strong execution capabilities.”

It also highlights the growing confidence of India’s most prominent real estate brands in their ability to expand beyond their traditional home markets and tap into the opportunities of one of the country’s largest residential markets.

Source: ANAROCK Research & Advisory

Supply Dynamics

Collectively, these national players launched over 15,130 units across 30 residential projects in Delhi-NCR between 2022 and Q1 2026. Among them, Godrej Properties has emerged as the most active – by a significant margin. It accounts for over 47% share of the total units launched by the analysed developers, establishing a strong presence across Gurugram, Noida and Greater Noida. Godrej’s strategy of entering multiple micro-markets with both premium and upper-mid-range projects has helped it build considerable scale.

Other entrants with notable supply include Bengaluru-based Prestige Group and Sobha Ltd. Prestige accounts for 27% of these players’ overall NCR unit share, concentrated in Ghaziabad alone. Sobha’s 10% share is spread across Gurugram and Greater Noida. Shapoorji Pallonji, Birla Estates, Adani Realty, Tata Housing, and Mahindra Lifespaces have limited unit counts but have focused on high-value projects in strategic locations, particularly Gurugram.

Interestingly, most projects by these national players almost exclusively have large 3/4/5BHK configurations, with the average size 3BHKs clocking in at ~1,830 sq. ft., 4BHK at ~2,600 sq. ft., and 5 BHK at ~4,465 sq. ft.

“The limited supply of smaller configurations suggests that most national developers are targeting affluent, lifestyle-oriented homebuyers,” says Santhosh Kumar. “Average pricing across these developers’ projects falls within the premium category, with several of these developments positioned squarely in the luxury and ultra-luxury segments. Geographically, Gurugram remains their most preferred destination – of the total new supply in NCR by these national players, Gurugram has the highest share at 47%, followed by Ghaziabad with 27%, Noida 13%, and Greater Noida with 12%.”

Gurugram’s enduring appeal continues to be driven by strong corporate demand, superior infrastructure, proximity to the airport, and continued expansion of employment hubs.

The NCR Opportunity

NCR’s strong cross-border allure is fuelled by rapid urbanisation, rising demand for branded homes, and its constantly expanding corporate landscape. These dynamics accelerated post-COVID-19, as consolidation in the residential sector and NCR’s scale and connectivity made it an increasingly vibrant diversification market.

Major infrastructure projects – Dwarka Expressway, Noida International Airport, Delhi-Mumbai Expressway, RRTS, and metro expansions – are reshaping connectivity and unlocking new residential corridors with long-term potential.

“Residential demand from both end-users and investors is led by premium and luxury housing in Gurugram, Noida, Greater Noida, and New Gurugram. While end-user demand matches it in most precincts, investor activity is a prime demand driver in NCR,” says Santhosh Kumar. “Also, buyer preferences are shifting toward credibility and execution. Branded developers are gaining share, especially in the premium segments where buyers can depend on timely delivery, quality, and trust – mirroring trends seen in global real estate markets.”

Where does this leave regional developers?

“In securely familiar territory,” says Kumar. “The rise of national developers does impinge on regional players’ relevance, especially in their established location citadels. Local developers retain critical advantages, including deep market knowledge and entrenchment, strong land relationships and historic land banks, and established customer networks.”

Meanwhile, the growing presence of branded national players has elevated overall product quality, transparency, and customer confidence within NCR. They regularly introduce better design standards, larger amenity packages, sustainable construction practices, and stronger governance frameworks. Their entry has also intensified competition, encouraging local developers to improve execution capabilities and project delivery standards.

NCR remains one of India’s most vibrant growth markets. The luxury housing segment continues to outperform, and massive infra projects like Dwarka Expressway, Noida International Airport and regional transit networks create new development opportunities. As this market matures, its increasing share of organised and branded developers reinforces NCR’s position as one of the country’s most attractive residential real estate destinations.

The residential real estate landscape of NCR has undergone a remarkable transformation over the past decade. As homebuyers increasingly seek premium lifestyles, better connectivity, and world-class amenities, a handful of developments have emerged as benchmark projects in the region. Among them, Saya Gold Avenue, by Saya Homes, Indirapuram on NH24 has established itself as one of the most sought-after residential destinations in the region.

Today, Saya Gold Avenue is not merely a residential project; it is a landmark development by Saya Group that has redefined luxury living in Ghaziabad. From its towering skyline and strategic location to its extensive lifestyle amenities and thriving community, the project has become the preferred choice for discerning homebuyers, business leaders, senior professionals, and successful entrepreneurs.

A Landmark That Redefined Ghaziabad’s Skyline

Standing tall in the heart of Indirapuram, Saya Gold Avenue has emerged as one of Ghaziabad’s tallest residential developments, creating a distinct identity on the city’s skyline. The project comprises eight iconic towers rising up to 39 floors, reflecting contemporary architecture and premium urban living.

Its scale, design, and premium positioning have made it one of the most recognized residential addresses in the region, setting new benchmarks for high-rise living in Ghaziabad.

Location: The Biggest Advantage

For most homebuyers, location remains the single most important factor while purchasing a home, and this is where Saya Gold Avenue enjoys a significant advantage.

Strategically located in Indirapuram, adjacent to Shipra Mall (now North India Mall) and with seamless access to NH-9, the project offers excellent connectivity to Noida, Delhi, Central Noida, Sector 62, and major commercial hubs across NCR. Residents benefit from proximity to schools, hospitals, shopping destinations, business districts, and public transportation networks.

This combination of accessibility and urban convenience has made the project particularly attractive to working professionals, senior executives, and business families seeking a well-connected lifestyle.

A Lifestyle Centered Around Experiences

One of the defining features of Saya Gold Avenue is its expansive clubhouse and lifestyle infrastructure.

The project boasts an approximately 80,000 sq. ft. clubhouse, among the largest lifestyle facilities in the region, complemented by a wide range of recreational and wellness amenities. Residents enjoy access to a semi-Olympic swimming pool, fitness facilities, indoor and outdoor sports infrastructure, jogging tracks, yoga spaces, children’s play areas, landscaped gardens, and multiple community engagement zones.

In an era where homebuyers increasingly prioritize lifestyle and well-being, these amenities have played a key role in enhancing the project’s appeal.

A Community Preferred by the City’s Achievers

A residential address often derives its value not only from its physical infrastructure but also from the quality of the community it nurtures.

Over the years, Saya Gold Avenue has attracted a diverse mix of accomplished residents, including entrepreneurs, corporate leaders, senior government officials, professionals, and successful business families. This vibrant community has contributed to creating a premium living environment that appeals to like-minded homebuyers seeking a sophisticated urban lifestyle.

The Trust Factor

Real estate is ultimately built on trust. Homebuyers invest their lifetime savings with the expectation that developers will deliver on their promises.

Saya Group’s focus on quality construction, customer-centric development, and project delivery has helped establish confidence among buyers. Over the years, the Saya builder has delivered multiple residential and commercial projects across NCR, creating a strong reputation among homebuyers and investors alike.

This trust has been a key driver behind the success of Saya Gold Avenue and has contributed significantly to its standing as one of the most preferred residential developments in Ghaziabad.

Capital Appreciation

Real estate has always been a strong asset class, helping families create and preserve generational wealth. Saya Gold Avenue has proven to many homebuyers and investors that a property located in the right location, offering world-class amenities, superior construction quality, and developed by a trusted developer, can generate significantly better returns than comparable properties in the vicinity. Over the past few years, property values at Saya Gold Avenue have appreciated three to four times, rewarding homeowners and investors with exceptional returns on their investment.

The project has emerged as a landmark development, with the final few units being sold at prices exceeding Rs. 15,000 per square foot, reflecting strong buyer confidence and its premium positioning in the market. This trend further underscores a broader movement where affluent buyers are choosing established locations like Indirapuram over purely emerging corridors.

Setting New Benchmarks for Urban Living

As Ghaziabad continues to evolve into a mature residential market, projects that combine location, connectivity, architecture, lifestyle amenities, and community living will continue to command strong demand.

Saya Gold Avenue embodies these attributes. With its iconic towers, prime location, extensive lifestyle offerings, and established resident community, the project has emerged as much more than a residential development—it has become a symbol of aspirational living in Ghaziabad.

For many homebuyers, the choice is no longer just about buying a house. It is about choosing a lifestyle, a community, and a long-term address. In that regard, Saya Gold Avenue has successfully positioned itself among the most desirable residential destinations in NCR.

The Southern Peripheral Road (SPR) has emerged as one of Gurugram’s fastest-growing residential corridors, driven by robust infrastructure development and enhanced connectivity. Connecting Golf Course Extension Road, Sohna Road and NH-48, the 16-km corridor offers seamless access to major business districts such as Cyber City and Udyog Vihar, making it an attractive destination for both homebuyers and investors.

The impact of this growth is unmistakably reflected in property values. According to Magicbricks data, residential prices along SPR have appreciated by nearly 160% over the past five years, while a Square Yards report highlights an 18.4% year-on-year increase in average residential prices to Rs. 16,249 per sq. ft. Overall, SPR is transitioning from a connectivity corridor into a premium residential and urban destination with long-term absorption potential driven by infrastructure-led value creation.

Underpinning this growth is a sweeping infrastructure push that is reshaping the corridor. Key projects include the ₹755-crore elevated corridor between Vatika Chowk and NH-48, slated for completion by 2027, an eight-lane road widening of a key 6-km stretch between Vatika Chowk and Ghata Chowk, and the redesign of Vatika Chowk. Complementing these are plans for service roads, pavement upgrades, and a master stormwater drain between Vatika Chowk and NH-48, expected to be completed by June 2026. Together, these projects are set to significantly improve traffic flow, reduce congestion and enhance overall liveability across the corridor.

Commenting on the rapid transformation of SPR into a premier residential and commercial destination, Mr. Pradeep Kumar Aggarwal, Founder & Chairman, Signature Global (India) Ltd., said, “SPR has firmly established itself as one of Gurugram’s most dynamic growth corridors, supported by strong infrastructure development, improving connectivity and rising demand for premium housing. Reflecting our conviction in the corridor’s long-term potential, Signature Global has a significant development pipeline on SPR across both residential and commercial segments.

Our flagship residential development, ‘Cloverdale SPR’, along with the recently announced ‘Tonino Lamborghini Residences’—which marks the iconic Italian luxury brand’s significant entry into India’s branded residences segment—underscores the growing appetite for aspirational and globally benchmarked living experiences. Complementing this is our upcoming mixed-use commercial development, which will further strengthen SPR’s emergence as a self-sustaining urban destination. Together, these projects represent over 17.8 million sq. ft. of saleable and leasable area, reflecting our commitment to shaping the next phase of growth along this corridor.”

Further strengthening SPR’s long-term connectivity outlook is the proposed 36-km metro corridor from Sector 56 to Pachgaon, featuring 28 elevated stations and an estimated investment of ₹8,500 crore. The metro line will link key growth corridors such as Golf Course Extension Road, Dwarka Expressway and the Manesar industrial belt — reinforcing SPR’s position as one of Gurugram’s most strategically connected destinations. Also on the anvil is the proposed Greater Southern Peripheral Road (GSPR), expected to extend the corridor’s reach and absorption potential even further.

Mr. Rahul Purohit, Co-Founder & Chief Business Officer, Square Yards, stated, “SPR’s steady price appreciation reflects the emergence of a highly structured and demand-driven residential corridor, where infrastructure creation is directly translating into market confidence and end-user absorption. From a business and market perspective, what distinguishes SPR is the disciplined nature of supply, the dominance of organised developments, and the growing preference among affluent homebuyers for integrated, well-connected urban ecosystems. As infrastructure investments continue to accelerate, we expect SPR to strengthen further its position as one of NCR’s most resilient and high-potential real estate micro-markets.”

Beyond infrastructure, SPR is steadily evolving into a self-sustaining mixed-use urban corridor. Residential, commercial, retail, healthcare, education and lifestyle developments are expanding in tandem, enhancing live-work convenience and strengthening end-user demand. This growing ecosystem is improving the corridor’s long-term self-sufficiency and accelerating its transformation from an emerging growth corridor into a well-integrated premium urban destination.

The corridor has attracted significant participation from leading real estate developers, underscoring its growing stature. Tata, DLF, Godrej and Signature Global have collectively launched thousands of housing units across SPR, catering to rising demand for premium and luxury living. The presence of established brands and large-scale developments reflects strong confidence in the corridor’s long-term investment appeal.

Among the key players, Signature Global has made particularly notable strides on SPR. The developer has strengthened its footprint with landmark residential projects such as Signature Global Cloverdale SPR and the recently announced Signature Global Tonino Lamborghini Residences — marking the iconic Italian luxury brand’s significant entry into India’s residential real estate market. Expanding beyond housing, the company has also unveiled a mixed-use commercial development in partnership with RMZ Group, featuring Grade-A office spaces, hospitality assets and retail destinations.

With leading developers launching premium projects, infrastructure upgrades progressing rapidly, and strong demand from homebuyers, SPR is well on its way to becoming one of Gurugram’s most sought-after real estate destinations. What started as a key connectivity corridor has evolved into a thriving urban hub, offering a blend of modern living, commercial opportunities and long-term investment potential.