tulip infratech
Tulip Infratech has revived a ₹3,000 crore stalled real estate project with about six million sq ft of residential and commercial area on the prime Golf Course Road in the satellite city. The project will help about 200 homebuyers, who have been waiting for allotment since 2004 and the lenders, that have taken over the 19-acre land from Vipul due to default on payments. CMD, Tulip Infratech, Parveen Jain informed that the company has planned 10 super luxury residential towers with about 1100 housing units, a commercial tower of 600,000 sq ft and another small commercial tower of 80,000 sq ft.

Tulip has made minor changes in the original plan prepared by Vipul and has also gotten the consent of two-thirds of the allottees, as per the guideline of RERA for reviving a stuck project where about ₹185 crore is receivable from the existing buyer. The project is located in Sector-53 on Golf Course Road, Gurgaon on an area of 19 acres in the TOD (Transit Oriented Development) zone. The residences will be one of the tallest developments on Golf Course Road, consisting of 10 towers at 138m with 40 floors each and a Sky Hub. The construction technology being used by Tulip is the latest international ‘Mivan construction technology’ where the structure is 100% reinforced cement concrete and no brickwork is used which makes the structure more sustainable, long-lasting, durable, giving impeccable strength and more earthquake resistant.
The US-based and global real estate investment and development major, Hines, has recently entered into the Mumbai property market to develop about 9 lakh square feet of leasable area mixed-use project spread over an 8.8-acre land parcel in the city. For the project

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The Trehan Group has announced the launch of a new plotted development housing project Trehan Vivanta, comprising 150 residential plots, at Bhiwadi in Rajasthan. For the upcoming project, the company will develop the required infrastructure including internal roads

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NBCC has recently signed an agreement with the External Affairs Ministry to redevelop a housing complex in central Delhi worth ₹175 crore. In this connection, the company has signed a memorandum of understanding (MoU) with MEA Housing Complex

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Demand for home loans from country’s tier 3 and 4 cities and districts have been growing at a faster pace than the top two tier districts, including Mumbai and Delhi (NCR), while the country’s home loan market is likely to double in five years

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In an attempt to soften the impact of the rising interest rate on home buyers, real estate developers have started to undertake mitigating measures. Realty developers including Tata Housing, Lodha Developers, and Runwal Group are stepping in to protect

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Adding more projects to its portfolio in the realty sector, the Brigade Group has recently signed agreements for prime land parcels in Chennai and Bengaluru and will build real estate projects on both the cities. The agreement to purchase the Mount Road

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The Chandigarh Housing Board (CHB) has decided to auction 154 properties - 101 commercial and 53 residential. All the properties are mainly in

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Lodha Group has planned to develop a high-end residential luxury project in Pune with a small component of retail space. This project has

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Godrej Properties has decided to develop a luxury project near Carmichael Road, an upmarket residential area in Mumbai. The new project for

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MahaRERA is planning to revive more than 2,800 stalled and lapsed housing projects involving a staggering investment of ₹78,684 crore. It has set up a dedicated

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The City and Industrial Development Corporation (CIDCO) has completed construction of a 12-storey residential tower with 96 flats under the Prime Minister

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Adani Group has decided to develop real estate projects alongside its airports across the country in addition to its aeronautical and non-aeronautical terminal

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Joyville Shapoorji Housing has planned to invest ₹700 crore in land acquisition together with exploring the option for the next round of funds. Managing

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Singapore-based sovereign wealth fund GIC has decided to invest ₹2,800 crore in a commercial project in Bengaluru being built by the Bhartiya Group. In return

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Gujarat government has approved four town planning (TP) schemes in Ahmedabad, Surat and Junagadh, where 15,200 low-cost housing units will be built

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Macrotech Developers, with an aim to be a net-zero carbon company by 2035, has targeted to invest ₹3,950 crore in various sustainable residential and commercial

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L&T Realty has entered into an agreement to jointly develop realty projects in South Mumbai on the western fringes of Mumbai and Thane entailing

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Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, via its wholly owned subsidiary

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The Kolkata-based real estate builder, Merlin Group, has planned to develop both residential and commercial projects on an area of over 3

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Real estate building major Sobha Developers has entered into a joint development agreement (JDA) to build a housing project in Chennai where the project pact

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