Tulip Infratech resurrects stuck Gurugram project; plans to invest Rs 3000 crore in next 5 years

      Comments Off on Tulip Infratech resurrects stuck Gurugram project; plans to invest Rs 3000 crore in next 5 years




NEW DELHI: Tulip Infratech, one of the leading real estate development organizations in NCR today announced the launch of Tulip Monsella which enlightens as a new hope to doomed buyers of Vipul’s Aarohan Residences, Tulip Infratech has acquired this stuck project and developing it as High-End Premium project.

The project would bring relief to several distressed home buyers as it involves completion of around 270 stuck homes. The ultra-luxury project which would have 1084 units in total, is witnessing robust demand as the developer has also resumed the sales process.

In total, Tulip Infratech plans to invest Rs 3000 crore in the next 5 years to revive the project as an ultra-high-end residential project, and 2 state of the art commercial buildings. Since the transfer of the project in December 2021, the project has made rapid progress.

“This is a special project as it caters to the hopes of several home buyers whose wait for a dream home by elongated. With Tulip Infratech having taken over the responsibility, the progress is in full swing and it would turn out to be one of the most ultra-luxury projects in the whole of National Capital Region.” said Parveen Jain, Chairman & Managing Director of Tulip Infratech

“We have also started seeing good demand flow and enquiries. With state-of-the art technology and architecture being implemented, along with special focus on environmental aspects, it would also be provide a healthy atmosphere to the home buyers.” added Jain

Commenting on the new beginning, Mr. Vikas Bali, President, RWA, Vipul Arohan Residences said that they had been waiting for their house for many years but were forced to stop with the construction work on the project. Given Tulip’s successful track record, we are now confident that we will find our homes at the newly appointed time. Apart from this, Tulip Monsella is now being made more luxury than before, which is even better.

Tulip Monsella located in Sector-53 on Golf Course road, Gurugram on an area of 19 acres in TOD (Transit Oriented development) zone. Golf course road has been the best unmatched premium location in Gurugram with Rapid Metro going above the road, surrounded by the best commercial, office complexes, all giving an international look with an exquisite skyline.

The new project of Tulip Infratech is coming up as the Grandest Group Housing project till date having High-End Premium 3, 4, 5 BHK apartments, duplexes, penthouses in around 40 storied 10 High Rise Residential towers well equipped with Mega Commercial Complexes, Convenient Shopping, Latest Amenities like: Sports Club having lawn tennis, covered badminton courts, basketball, cricket pitch, Golf range, scatting ring, Club House having Bar, Multi cuisine Restaurant, Patisserie, Banquet Hall, gym, mini theatre, cards room, snooker lounge, Health club having Jacuzzi, sauna, steam, massage, salt room, saloon, swimming pool etc.

The world class landscaping of Tulip Monsella shall showcase water features, ponds, sprawling lawns and green mounds, amphitheatre, sunken courts, jungle walk with dense green plantations and trees to provide a pollution free serene ambient countryside atmosphere.

Tulip Monsella, which will be one of the tallest development of Golf Course Road, consisting of 10 towers at 138m with 40 floors each and a Sky Hub. This is a completely unique development as it has zero vehicular movement on the ground level, golf carts and elevators that open straight into the residence via card access make this a highly exclusive development.

The construction technology being used by Tulip is the latest international ‘Mivan construction technology’ where the structure is 100% R.C.C. (Reinforced cement concrete) and no brickwork is used which makes the structure more sustainable, long lasting, durable, giving impeccable strength and more earthquake resistant.

Established in 2005, having completed 15 projects and delivered over 5,500 homes so far, Tulip Infratech is well recognized for its timely delivery of projects. The fast pace of progress of Tulip Monsella comes as a major development for the sector as the government and developers are trying to address the issue of stuck projects in the country.

The progress in the project taken over from Vipul Ltd brings in a new era in India’s real estate sector which has been affected by several issues including stuck homes and the pandemic. Tulip Infratech comes up as a torch bearer in terms of timely completions and delivery of dream homes and making rapid strides in terms of acquired stuck projects in the country.