Shaping future through excellence

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Collin Greene
5 years ago
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1 March

same. This is great news because currently Tulip is also majorly into Affordable housing with Tulip Lemon in the forefront and two more Tulip s affordable housing projects in the reckoning.

2 CMD s Message March Dear Friends, Warm Greetings to all of you! The first three months of the New Year have gone by so fast within no time but with some good news for the Affordable Housing sector which is that Infrastructure status has been bestowed upon the same. This is great news because currently Tulip is also majorly into Affordable housing with Tulip Lemon in the forefront and two more Tulip s affordable housing projects in the reckoning. In the past three months, winters have lingered on till late even after the colourful festival of Holi and it seems to be a marked natural seasonal change in comparison to the last few years. Similarly with the announcement of some new policies and decisions, the Real estate sector seems to be changing forward for a better future. A very major recent step has been taken in PMAS ( Pradhan Mantri Avas Yojna) which is the government s announcement in bringing operational guidelines for Credit linked Subsidy scheme (MIG). According to these guidelines, MIG groups with annual income of above 6 lacs and upto 18 lacs are eligible for interest subsidy on housing loans. For MIG groups 6 to12 lacs the interest subsidy shall be around 4% and for MIG group 12 to 18 lacs, the interest subsidy shall be around 3%. This shall be applicable since January this year. This move is in continuation for the interest subsidy of 6.5% for annual income category of upto 6 lacs. This is a great welcome move for the home buyers which shall enable more and more people to buy homes. As always, Tulip is toiling hard with sincere efforts in its ongoing projects with 1 st phase of Tulip Violet comprising of twelve towers already completed with around two hundred families residing there and second phase is expected to be completed by the year end. The construction in Tulip Lemon is going on very fast with the latest Mivan construction technology having been adopted by Tulip. With all your good wishes, Tulip is making consistent progress and has become a major force to reckon with in the Real estate sector due to its sustained sincere efforts. Best Regards, Parveen Jain CMD

Internal & External Putty work in progress. Tower A2 9 th Floor roof completed.

3 Projects update March TULIP LEMON Tower- A4 Structure, Internal & External Putty work completed. Plumbing work in progress. Tower- A3 Structure work completed. Internal & External Putty work in progress. Tower A2 9 th Floor roof completed. Tower A1 Ground Floor roof completed. Tower A5, A6 & B1 Structure work in Progress.

4 TULIP VIOLET March Towers- A4, A5, A11, A12, B22, B23, B24, B3, B8, B9 & B10. Completed & Possession process going on. Tower- B4 Completed & Ready to hand over. Tower- B5 & B6 Internal Plaster work in progress. Occupation Certificate Obtained

5 TULIP GRAND - (3 rd Phase D1 & D2) Tower D1 12 th floor roof structure completed. Brick work up to 7 th floor completed. Internal Plaster up to 1 st floor completed. Over all site work is in progress

6 TULIP PURPLE 1.Towers- B1, B2, B3 Completed. Families already living and enjoying their stay & Registration process is going on 2. Towers- B4,B5,B6,B7 (2 nd Phase) Finishing work in progress.