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Gurgaon’s real estate market is witnessing a fresh wave of expansion as new growth corridors and micro-markets emerge beyond the city’s core business districts. According to the latest report by Colliers India, areas such as Sohna, Southern Peripheral Road (SPR), and Golf Course Extension Road are leading the next phase of urban transformation in the Millennium City. With over 36% of India’s population now residing in cities, rapid migration and infrastructure-driven development have extended Gurugram’s urban footprint from its central zones to peri-urban areas, according to the report, titled ‘Emerging Micro-Markets Driving Growth in NCR’s Investment Landscape’. The report highlights that these emerging micro-markets are poised for capital appreciation of 1.0x to 1.6x by 2030, making them attractive destinations for both homebuyers and investors. 1. Sohna: South Gurugram’s New Growth Frontier Sohna has emerged as one of the most promising residential and industrial hubs in the NCR region. Backed by the Sohna Master Plan 2031, the area is witnessing integrated development across residential, commercial, and industrial segments. According to Colliers, in the past five years, Sohna has evolved from an affordable housing location to a mid and upper-mid housing hub. Average residential prices here range between Rs 10,000-Rs 12,000 per sq. ft., making it over 2x more affordable than premium micro-markets such as Golf Course Road. With improved connectivity via the Delhi-Mumbai Expressway and the upcoming Jungle Safari Project spread over 10,000 acres, Sohna’s growth prospects remain strong. 2. Southern Peripheral Road (SPR) SPR has become one of the most dynamic corridors in Gurugram, bridging Golf Course Extension Road and Sohna Road. The corridor benefits from proximity to Cyber City, strong social infrastructure, and a growing presence of IT and corporate offices. Developers are increasingly focusing on premium residential projects along this stretch, which is expected to deliver steady price growth over the next five years. 3. Golf Course Extension Road Once an extension of the city’s elite Golf Course Road, this corridor has evolved into a premium micro-market in its own right. High-end residential developments, coupled with Grade-A office spaces, have made it a preferred destination for professionals seeking proximity to employment hubs. Infrastructure enhancements such as wider roads and metro connectivity are likely to push prices higher in the medium term. 4. Dwarka Expressway Corridor With the long-awaited Dwarka Expressway nearing completion, the corridor continues to attract strong buyer and investor interest. The expressway not only connects Gurugram to Delhi but also enhances access to the Indira Gandhi International Airport and the Delhi-Mumbai Expressway. Colliers expects property prices here to appreciate sharply as infrastructure projects become operational. 5. New Gurgaon (Sector 81-95 Belt) The western belt of Gurgaon, often referred to as New Gurgaon, is fast emerging as a mid-income housing hub supported by upcoming commercial developments and improved connectivity through the Central Peripheral Road and NH-48. This zone offers a balance of affordability and accessibility, drawing both end-users and investors seeking long-term appreciation potential. “Sohna, as one of the emerging micro markets in South Gurugram, is anticipated to witness price appreciation up to 1.6x by 2030, benefitting both homebuyers and investors,” said Swapnil Anil, Managing Director, Advisory Services, Colliers India.
