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Tulip Launches Monsella-II In Gurugram

Gurugram, September 14, 2023: Tulip Infratech announced the launch of it Tulip Monsella project’s Phase II. 

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, Gurugram. Originally initiated by another real estate player and subsequently stalled, Tulip Infratech stepped in later to complete the project. Having taken over the project in 2021 through negotiations with PNB Housing Finance Ltd and the previous builder, Tulip Infratech plans to build approximately 1,100 luxury apartments and 150 units designed for economically weaker sections, in 11 towers. Additionally, two separate commercial buildings will complement the development.

Commenting on the phase-II launching of Tulip Monsella, 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”

Phase-I of Tulip Monsella is ahead of schedule, informed Jain. “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”, said Jain.

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.”