Gurgaon
The Southern Peripheral Road real estate landscape shows a dynamic mix of commercial and residential activity. While price trends have adjusted throughout the year, the market maintains steady interest across both established and new-launch segments. Investors are closely monitoring the shift in property values, particularly within the apartment and commercial office space sectors. The region continues to attract attention due to its strategic development status and the availability of varied inventory types.
The average asking price in Southern Peripheral Road is ₹15,000 per sq ft as of September 2026. This figure reflects a slight increase from the ₹14,750 per sq ft recorded in June 2026, indicating a resilient demand trajectory for this micromarket over the recent quarter.
Property prices in Southern Peripheral Road have shown a fluctuating trend throughout 2026, moving from ₹15,600 per sq ft in March 2026 to ₹14,750 per sq ft in June 2026, before recovering to ₹15,000 per sq ft by September 2026. This volatility suggests a dynamic market environment where buyers and investors should monitor quarterly shifts closely to time their entry effectively.
As of September 2026, apartments in Southern Peripheral Road are priced at ₹15,000 per sq ft, having appreciated by 1.76% compared to the previous period. In contrast, other segments have seen a depreciation; for instance, shops are priced at ₹35,150 per sq ft after a 2.97% depreciation, villas at ₹16,950 per sq ft following a 2.86% depreciation, and office spaces at ₹15,000 per sq ft after a 1.83% depreciation, all measured over the same comparative timeframe.
As of September 2026, Ready To Move properties in Southern Peripheral Road command an average asking price of ₹14,000 per sq ft, which represents a 3.51% depreciation compared to the previous period. Meanwhile, Under Construction projects are available at an average asking price of ₹13,600 per sq ft, reflecting a 0.86% depreciation over the same period. This pricing structure offers potential value for buyers willing to wait for project completion, while the Ready To Move segment remains the preferred choice for immediate occupancy despite the recent price correction.
New Launch projects in Southern Peripheral Road are currently priced at ₹15,150 per sq ft as of September 2026, showing a marginal depreciation of 0.19% compared to the previous period. This relative stability suggests that developers are maintaining competitive pricing strategies to attract early investors, even as the broader market experiences minor fluctuations across different construction stages.
With 60 units currently categorized as Ready To Move in Southern Peripheral Road, this segment represents the most significant portion of the available inventory as of September 2026. While the average asking price of ₹14,000 per sq ft has seen a 3.51% depreciation compared to the previous period, the high volume of ready inventory provides ample options for end-users seeking immediate possession without the risks associated with construction delays.
