Gurugram, 15th 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 of 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”