Property Rates in Southern Peripheral Road, Gurgaon

The Southern Peripheral Road market offers diverse property types catering to varied investment needs. Shops lead in pricing at ₹33,707 per sq ft with a significant 9.78% increase, indicating strong commercial demand. Office spaces are priced at ₹15,022 per sq ft, showing a 2.87% rise. Apartments, the most common residential choice, average ₹15,581 per sq ft with a marginal 0.06% growth, while villas are priced at ₹18,121 per sq ft, though they have experienced a considerable -24.51% decline.

Properties in Southern Peripheral Road are available across various stages of development. Ready To Move units, numbering 63, are priced at ₹14,489 per sq ft but have seen a -6.97% change. Under Construction projects, with 9 units, are available at ₹14,370 per sq ft and show a positive growth of 6.26%. New Launch projects, comprising 6 units, are priced at ₹15,506 per sq ft, though currently down by -6.37%.

Southern Peripheral Road encompasses a diverse range of localities with varying property values. Nirvana Country 2 commands the highest average rates at ₹20,061 per sq ft, while Sector 34 offers more affordable options at ₹5,450 per sq ft. Areas like Sector 72 are priced at ₹19,318 per sq ft, showing a slight decrease of -0.9%, whereas Sector 74 has seen a positive growth of 2% to reach ₹17,440 per sq ft. Sector 70a averages ₹15,521 per sq ft, reflecting a robust 3.19% increase.

Top projects for rent in Southern Peripheral Road include Tulip Lemon at ₹42 per sq ft and M3M Corner Walk at ₹40 per sq ft. AIPL Club Residences also offers rentals at ₹40 per sq ft. Projects like Tulip Yellow have seen a notable increase of 13.33% in rental rates, while SG Andour Heights experienced a -5.56% change.

The rental market in Southern Peripheral Road offers a variety of unit types, with Studio apartments averaging ₹31,529 per month and 1 BHKs at ₹20,531 per month. Larger configurations like 3 BHKs command higher rents at ₹44,528 per month, while 4 BHKs are priced at ₹67,890 per month, reflecting typical demand patterns across different household sizes.

Rental rates across Southern Peripheral Road vary by locality. Sector 69 shows an average rental rate of ₹35 per sq ft, while Sector 72 and Sector 74 are both at ₹33 per sq ft. Sector 70a averages ₹32 per sq ft, and Sector 70 is at ₹30 per sq ft. Notably, Sector 71 has a lower average rental rate of ₹26 per sq ft.

Office spaces in Southern Peripheral Road are commanding higher rental rates at ₹74 per sq ft, showing a significant 8.82% increase. Apartments, a more common residential option, are averaging ₹32 per sq ft with no reported change, indicating stability in the residential rental segment.