Sushant Lok III, Gurgaon

The Real Estate Regulatory Authority (RERA), Gurugram, has approved 51 real estate projects with a combined investment of approximately INR 38,050 crore (USD 4 billion) during the first six months of 2026. These approvals cover residential, commercial, and industrial developments, totaling 16,727 units.

Residential property prices in Gurgaon have seen an 18.4% increase in the past year, reaching Rs 16,249 per square foot. This surge is attributed to upcoming infrastructure upgrades, particularly the Gurgaon Greater Southern Peripheral Road (GSPR), which is enhancing the area's real estate appeal.

MCG has commenced significant civic infrastructure development projects in Sushant Lok 1, South City 1, Nirvana Country, and Palam Vihar. These projects include road repairs, linking stormwater drains, door-to-door waste collection, and sewage line cleaning. A total of Rs 88.35 crore will be utilized for these and expected to be completed within two months.

The Municipal Corporation of Gurugram (MCG) is set to execute 35 road improvement projects, covering approximately 71 km, at a cost of Rs 145 crore. These projects aim to mitigate waterlogging and sewage overflow during the monsoon season by focusing on resurfacing and drainage enhancement in vulnerable areas like Mayfair Garden, Sector 66, Sushant Lok 3, and Nirvana Country.