2024-05-10 03:41:47
New Delhi: You and I do a lot of research to buy a flat worth Rs 60 lakh. Makes a lot of visits to various builders. Dozens go to see the project. Then let’s go somewhere and finalize the deal. But look at the rich of Gurugram or Gurgaon. A developer there announced the launch of one of his luxury residential projects. The average flat price in that project was around Rs 6 crore. No inquiry on this, just flats worth more than Rs 300 crores were sold on the first day of launch.
Who is the developer?
The project we are talking about is Tulip Monsella Phase-II of Tulip Infratech. It is located on Golf Course Road in Sector 53, Gurgaon. The company has claimed that it launched this project recently. All 50 apartments of the project were sold out on the day of launch. The company will get more than Rs 300 crore from this.
Tulip Monsela is a mixed use project
According to PTI, Tulip Infratech had announced to develop ‘Tulip Monsela’, a premium mixed-use project with 1,100 flats in Gurugram in the year 2022 itself. An investment of Rs 5,500 crore will be made in this project during the next eight years. The company has also announced to build 250 units for economically weaker sections in this project.
110 units in the second phase
Praveen Jain, founder, Tulip Infratech, said, “We have launched around 110 units in the second phase at Rs 27,000 per square foot. About 50 flats were sold on the first day of its launch. He said that the company had launched 250 units in the first phase and they have already been sold. Who is Tulip Infratech?
Tulip Infratech is one of the market leading real estate development companies in Delhi-National Capital Region (NCR). It was founded by Praveen Jain in the year 2005. It has completed more than 15 real estate projects so far.