TULIP INFRATECH TO INVEST RS 100 CRORE IN PROJECT

MAY 2,  2009

Real estate firm Tulip Infratech has announced that it will invest Rs 100 crore over the next three years to developers 400 apartments in Gurgaon. “Tulip Orange” has been launched, and the construction work is expected is scheduled construction work is expected to start by August. The project is scheduled to completed within three years.

“Seeing the demand for affordable housing project, we are coming up with 400 flats in the first phase at Gurgaon, Sohna Road” Tulip Infratech Ltd CMD Praveen Jain said.

Presently, Tulip Infratech is developing three housing projects, comprising 1,200 apartments, at a total investment of Rs 500 crore. The two projects are located in Gurgaon and Sonepat.

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