By Response Feature
Gurugram, 13th September 2023 — In a remarkable turnaround story, Tulip Infratech, a prominent real estate company headquartered in Gurgaon, has been making headlines for its exceptional progress on the transformative Tulip Monsella project, known as one of the tallest Residential project in the millennium City.
This project, which had once been on the brink of history due to previous setbacks, is now back on track and flourishing under Tulip Infratech’s leadership. The resounding support and trust of over 5000 homebuyers who have previously invested in Tulip projects have propelled Tulip to unveil Phase-II of this prestigious project in record time.
The Phase-II of Tulip Monsella spans over 3,50,000 square feet development including high-end ultra-luxury apartments, duplexes & penthouses
The overall project spans over 20 acres on Golf Course Road, sector 53 and is estimated to be valued at more than 5000 crore. Originally initiated by another real estate player and subsequently stalled, Tulip Infratech stepped in as a beacon of hope for investors and homeowners alike.
Under Tulip Infratech’s capable stewardship, this ambitious project has witnessed significant strides. Having taken over the project in 2021 through negotiations with banks and the previous builder, Tulip Infratech has ambitious plans for Tulip Monsella. These plans include the construction of approximately 1,100 luxury apartments and 150 units designed for economically weaker sections, all thoughtfully integrated into 11 elegant towers. Additionally, two separate commercial buildings will complement this grand development.
Commenting on the phase-II launching of Tulip Monsella, Mr. Parveen Jain, Chairman of Tulip Infratech Pvt Limited, stated, “Today, we are thrilled to announce significant developments that showcase Tulip Monsella’s journey towards becoming a beacon of excellence in the real estate landscape. Phase-II is here for new buyers however our commitment to the 200 buyers who had previously invested with Vipul Ltd, is intact and ensure they will receive their flats at the originally agreed-upon location and cost as per their prior agreement with the developer”
Ahead of Schedule:
In an extraordinary feat, Phase-I of Tulip Monsella is not just on schedule; it is ahead of it. The anticipated delivery date of 2030 is now expected to be achieved Phase-I in next three years, a testament to Tulip Infratech’s dedication and expertise.
Phase-II Unveiled: A World of Possibilities
Phase-II of Tulip Monsella promises to build on the success of Phase-I, offering an even more expansive and diverse range of residential options. This exciting addition cover 3.5 lakh square feet of prime real estate. The towers will house an array of Duplex, luxury apartments and penthouses, showcasing Tulip Infratech’s unwavering commitment to delivering world-class living experiences
Tulip Monsella’s narrative is one of rejuvenation—a project that once faced challenges causing financial distress to investors has now been reinvigorated under Tulip Infratech’s visionary leadership. It has rekindled hope for existing buyers while creating fresh opportunities for those seeking contemporary and luxurious living in the heart of Gurgaon.
Mr. Jain expressed his optimism, stating, “The resurgence of Tulip Monsella is poised to redefine Gurgaon’s real estate landscape. Tulip Monsella is not merely a project; it represents a promise. We are unwavering in our commitment to deliver exceptional quality, and our accelerated progress reflects our dedication to our esteemed customers.”
About Tulip Group:
Tulip Group is a Real Estate Development Organisation based in Delhi-NCR in India, with its corporate office in Gurgaon and registered office on Barakhamba Road, Connaught Place, in the heart of New Delhi.
Tulip was started by Mr Parveen Jain (CMD) Chairman and Managing Director, in the year 2005 , a first generation entrepreneur having more than 30 years of experience in construction, real estate and development. His vision, dedication, hard work, objective approach and leadership qualities changed the future of Tulip Infratech Pvt. Ltd to make it an ISO 9001-2000 company. He is now also the national chairman of National Real Estate Development Corporation (NAREDCO).
Tulip Group is a company which has achieved excellence through its foresightedness and expertise in its field. The focused vision, undivided dedication and constant efforts of the company help it to develop strategies for its ceaseless growth in the sphere of real estate and construction.
