Tulip Yellow by Tulip on SPR, a fast-growing Gurugram corridor, is a RERA-registered project that lands mid-pack among the Gurugram projects Truth Estate independently scores.
Truth Estate's read is built from RERA filings and quarterly construction records — not developer marketing.
Delivered — the execution risk is behind it entirely, with the OC on record
The legal file reads clean on the public record
Investor fit: value-seeking investors and first-time buyers who prioritise on-time delivery, legal safety, location — value buying · 3–7 year growth.
Is the PSF justified?
Tulip files ₹13,000–15,000 per sq ft of super area here.
Judged against the 5 nearest comparable projects with entry homes of 1,600 to 2,600 sq ft, all within 2.2 km.
Developer’s filed rate, undated by the developer. We compare filed rates to filed rates and do not check the asking price.
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The part that decides it is locked
Don’t stake ₹2.2–3.8 Cr on a brochure.
Tulip Yellow scored 71/100 — “Solid”. The full read shows the 4 red flags we found — all in Developer, and what cost it the other 29 points — and whether that’s a dealbreaker for you.
Free on sign-up — no card. One missed red flag costs a great deal more.
Inside the dossier
Eight chapters · one read
The vitals, floor plans and the developer’s brochure stay free above — this is the analysis. Register, then pay once — no subscription.
The home as your agreement will measure it. Pick a configuration, then a size offered under it — the plan, the carpet, and what the gap to super area costs you.
The layout, measured
Carpet area
1,034 sq ft
Super area
1,704 sq ft
Balcony / deck
NA
Loading
39%
Carpet efficiency
61%
◆ The efficiency readWatch
61% usable — on the lower side — negotiate on carpet, not super.
Areas from RERA filings & project documents; the price shown is indicative for this configuration, before floor-rise and preferential-location charges. Schematics show indicative zoning only — confirm the exact unit's dimensioned plan and areas in the Agreement to Sell before signing.
Deep intelligence
Sun & Vastu 3D
The 3D layer that decides which home — graded by sun, Vastu, light, ventilation & value.
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03
Brochure & payment plan
Developer documents on file — indicative until countersigned. GST, PLC, IFMS & registration additional as applicable.
Chapter II
Can we trust it?
Five pillars — developer, build, location, paperwork, edge.
04
Truth Score anatomy
Truth Score
71/100
Solid
Five weighted pillars, re-scored quarterly. No developer can pay to move it.
What the 71 is made of= health↔= weightrounded 0.1
The one-line read: 3 of 5 pillars land strong or better. The project is already delivered — OC on record — so the execution risk this score prices is behind it; what's left to weigh is Project USPs.
Live11 verified updates
News & Updates
Every verified ground event on Tulip Yellow — filings, construction, JVs, corridor infrastructure and pricing — read for what it means to a buyer.
19 Oct 2026Regulatory
HERC grants 25-year parallel power distribution licence for Gurugram, Nuh to Eleven Power
•The Haryana Electricity Regulatory Commission (HERC) has granted Eleven Power Private Limited a parallel distribution licence for Gurugram and Nuh revenue districts for 25 years under Section 14 of the Electricity Act, 2003.
Forensic impact read
HERC granted a 25-year parallel power-distribution licence for Gurugram and Nuh to a private company, alongside the existing state discom. Over time this can give residents a second electricity supplier; tariffs, the coverage area and rollout timing are what to watch. Update (23 Oct): after a strike by power employees, the state government assured them there would be no privatisation (ThePrint), so whether this licence is actually rolled out is now uncertain. Talks resume on 3 Nov.
Gurugram tightens construction and demolition waste rules; no Occupancy Certificate without disposal proof
•The Municipal Corporation of Gurugram (MCG) has tightened rules for construction and demolition (C&D) waste management, making proof of proper waste disposal a mandatory requirement for obtaining Occupancy Certificates (OCs) and Completion Certificates (CCs).
Forensic impact read
MCG will not issue an Occupancy Certificate without proof of construction-and-demolition waste disposal — a new compliance gate that can delay OC/possession timelines across Gurugram projects.
Gurugram waterlogging: HHRC orders city-wide drainage audit, summons GMDA report by December 15
•The Haryana Human Rights Commission (HHRC) has taken suo motu cognizance of recurring Gurugram waterlogging, calling it a problem that "goes beyond a temporary disruption caused by heavy rainfall" and ordering a comprehensive city-wide civic infrastructure audit.
Gurugram’s Southern Peripheral Road Elevated Corridor Project Re-Enters Planning Stage As GMDA Seeks Fresh DPR For Key Stretch
•Bookmark stories for easy access on any device or the Swarajya app . The Gurugram Metropolitan Development Authority (GMDA) has restarted planning for the long-delayed Southern Peripheral Road (SPR) elevated corridor by inviting bids to prepare a detailed project report (DPR) for the 6 km Ghata Chowk–Vatika Chowk stretch.
GMDA withdraws tender for construction of elevated road on SPR
•The Gurugram Metropolitan Development Authority (GMDA) on Friday withdrew the ₹ 750 crore tender for constructing an elevated road on the Southern Peripheral Road (SPR) from Vatika Chowk to Clover Leaf on the Delhi-Gurugram Expressway, officials said.
Gurugram: 3.5 Km Service Roads Planned, Sector 68–69 Missing Link To Be Completed To Decongest SPR: Report
•Bookmark stories for easy access on any device or the Swarajya app . With traffic steadily worsening along Gurugram’s Southern Peripheral Road (SPR), the Gurugram Metropolitan Development Authority (GMDA) has initiated plans to strengthen internal connectivity by developing new service roads and completing long-pending road links.
New Gurugram’s connectivity leap: New Sector 68-69 road to slash traffic on Sohna highway
•In a major breakthrough for residents of Southern Peripheral Road (SPR) and New Gurugram, work has finally accelerated on a critical 2-km master road dividing Sectors 68 and 69. This project, spearheaded by the Gurugram Metropolitan Development Authority (GMDA), aims to provide direct connectivity to the Gurugram-Sohna Highway near Badshapur, effectively ending a four-year wait for thousands of commuters.
Tender for Rs 755-cr Metro corridor floated by Gurugram authority
•The Gurugram Metropolitan Development Authority (GMDA) has floated a Rs 755-crore tender for the construction of a signal-free elevated corridor on the Southern Peripheral Road (SPR) between Vatika Chowk and NH-48. Officials said the project will upgrade the 4.2-km stretch of SPR into a signal-free corridor aimed at improving connectivity and easing traffic congestion along one of the city’s key road networks.
Haryana CM clears key Gurugram, Rewari projects; War Memorial at Naseebpur revived
•Gurugram’s much-criticised traffic bottleneck, the Southern Peripheral Road (SPR), is set for a major overhaul, with the Haryana Government approving its transformation into an elevated corridor at a cost of Rs 1,200 crore. Additionally, a Rs 308-crore full trumpet interchange is planned at AIIMS Rewari, while the long-pending War Memorial at Naseebpur (Mahendragarh) is expected to move to the tendering stage soon.
₹110 Crore Vatika Chowk Underpass Inaugurated; Signal-Free GCRE-to-SPR Transit Live
•Haryana Chief Minister inaugurated the grade-separated underpass at Vatika Chowk, enabling signal-free vehicular transit between Golf Course Extension Road and Southern Peripheral Road (SPR).
•Eliminates major bottleneck, reducing commute times to Cyber City and NH-48 to 15 minutes.
Forensic impact read
Major arterial bottleneck removed on prime luxury corridor.
Verified news on Tulip Yellow, the moment it lands. No spam.
11 dispatches· tap the right of a card to advance, the left to go back · colour follows the report’s own rule — green sound, amber watch, rust risk.
Chapter III
The price has moved. The question is what it does next.
Price & ROI model · Tulip Yellow, SPR
+12%
since launch — ₹12,500 (Nov 2019) → ₹14,000/sq ft asking today
On record, freeEntry ticket ₹2.2–3.8 Cr · corridor avg ₹18,000/sq ft
Nov 2019 · ₹12,500
Today
2036
Three futures. One is ours.Conservative · base · bull — projected to 2036, for this exact ticket
Your ₹2.2–3.8 Cr, in 2036
₹6.41 Cr
10-year CAGR, after costs
10.6%
The exit window we’d take
2032–34
The past is public record. The next ten years are the read.
₹2,100 · your first report is free
Chapter IV
The Verdict
So — should you buy it?
The Independent Desk · on file
We’ve made the call on Tulip Yellow. It’s sealed until you unlock.
BuyCautionAvoid
One of these — sized to your budget, timeline and risk, with the three reasons that decide it.
included in the full read
Chapter V
Can this report save you lakhs?
Every weak spot in this file is a number you can argue with. Here is what Tulip Yellow's are worth.
05
Negotiate like a king
The weak spots in this report are your argument.
Across the projects we advise on, buyers typically settle 5–10% under the prevailing rate. On a ₹2.2 Cr entry ticket that is ₹11–22 lakh. 2 things in Tulip Yellow’s own filings can be argued with. A buyer who arrives with a specific number is negotiating. One who asks for the best price is waiting to be told.
Every project hands the buyer different cards. These are Tulip Yellow’s — read off its own construction, sales and registry data, not general advice about negotiating.
01
Their track record is a fact you are allowed to use
A developer's own delivery history — how many projects it has finished, and how late — is public arithmetic you're allowed to bring to the table. It's a harder conversation for them than a discount request.
02
Their weakest answer is delivery certainty
Every project has a lowest-scoring input — the one the sales team has a rehearsed answer for the strengths but rarely for this. It's the question to make them defend, on the record, and to repeat to a second person.
Chapter VI
If not Tulip Yellow, then what?
The same corridor, the same commute, or the same money somewhere else — weighed side by side.
06
Three ways to compare
The projects we would weigh against Tulip Yellow — each with its own forensic read, scored the same way.
Other projects on SPR — the comparison you are actually making.
The questions that decide the purchase — answered from the registry, the site and the corridor.
07
Straight answers
The questions that actually decide the purchase — answered from registry data, live construction and micro-market dynamics.
Is Tulip Yellow a good investment?+
On Truth Estate's independent forensic assessment, Tulip Yellow scores 71/100 — our composite of the developer's delivery record and financials, construction pace, legal standing and location. The full buy / wait / avoid verdict, the red flags and the numbers behind the score are in the .
Is the price at Tulip Yellow justified?+
Tulip files ₹13,000–15,000 per sq ft of super area at Tulip Yellow. We judge that filing against the 5 nearest comparable projects with entry homes of 1,600 to 2,600 sq ft, all within 2.2 km of it. This is the developer's filed rate; the developer does not date this filing. We compare filed rates against comparable developers' filed rates — we do not check the asking price, and we hold no circle rates or registered transaction data. The comparison itself — where this filing sits against those projects, and which projects they are — is in the .
Is Tulip Yellow likely to be delivered on time?+
We track 7 Tulip projects in Gurugram, 2 of them handed over. On timeliness its record is mixed — the exact on-time share and the average slippage are on Tulip's developer page, free with a mobile number. On our read, its delivery risk is elevated. It is delivered: the Occupancy Certificate is on record (3 Jun 2026), 25 months ahead of the RERA promise. The construction and sales detail is in the .
On Truth Estate's read of Tulip's audited annual statements — leverage, interest cover, cash conversion, operating margin and inventory cover — the balance sheet is adequate. The line-by-line breakdown, and which measure is the weak spot, are in Tulip's .
Yes — Tulip Yellow is registered with Haryana RERA (HARERA) under registration number RERA-GRG-292-2019. The registration and its current status can be verified on the official HARERA registry.
When is Tulip Yellow due for possession?+
The RERA-committed possession date for Tulip Yellow is 2028-06-30.
What is the latest construction update and contractor for Tulip Yellow?+
HERC grants 25-year parallel power distribution licence for Gurugram, Nuh to Eleven Power. The Haryana Electricity Regulatory Commission (HERC) has granted Eleven Power Private Limited a parallel distribution licence for Gurugram and Nuh revenue districts for 25 years under Section 14 of the Electricity Act, 2003. Verified under The Tribune.
What is the official HARERA registration and completion timeline for Tulip Yellow?+
HERC grants 25-year parallel power distribution licence for Gurugram, Nuh to Eleven Power. The Haryana Electricity Regulatory Commission (HERC) has granted Eleven Power Private Limited a parallel distribution licence for Gurugram and Nuh revenue districts for 25 years under Section 14 of the Electricity Act, 2003. Official statutory filing source: The Tribune.
What is the investment outlook for Southern Peripheral Road (SPR Corridor)?+
The smart value play — quality projects at a clear discount to GCE, with room to run. Our expected CAGR for SPR is 13.5% a year over the next five years. Infrastructure and developer investment signal long-term confidence; best on a 3–7 year horizon.
What return could Tulip Yellow realistically deliver?+
Our 10-year return model for Tulip Yellow — the expected and risk-adjusted returns, the XIRR on your payment plan and the best time to exit — is in the . It is built from our market rate for its corridor, adjusted for the project's Truth Score and the cost of its predicted delay.
Is Tulip Yellow fairly priced?+
We do not publish a fair-value call, a valuation, or a percentage gap — the honest error on a filed rate is far too wide for any of them to mean anything. What we do publish is narrower and checkable: what this developer files per sq ft here, against what comparable developers file for homes of a similar size nearby. That comparison is in the . See "Is the price at Tulip Yellow justified?" above.
08
Buying from abroad? The NRI notes
Can you buy it from abroad?
Yes — Tulip Yellow is residential property, which NRIs and OCI cardholders can buy freely under FEMA, with no RBI approval and no limit on count. Who can buy what →
Funding & repatriation
Pay only through banking channels — NRE, NRO or FCNR funds, or inward remittance; NRI home loans are available from Indian lenders. At Tulip Yellow’s ≈ $232K–401K entry ticket (indicative FX, Nov 2026), which account funds the purchase decides how freely the money comes back out later — plan it before booking. The repatriation rules →
TDS on this purchase
Buying primary from the developer above ₹50 lakh, you deduct 1% TDS on each payment (Section 194-IA). Buying a resale unit here from an NRI seller switches the deduction to Section 195 — a much bigger number, and the liability sits with you. TDS, done right →
Buying without flying
Registration can complete through a consular-attested Power of Attorney, with accompanied live-video site visits before you decide — and every offer on the record. How the NRI Desk runs it →
The risk that hurts most from abroad
Delivery. Most of Gurugram’s tracked new launches are running late on our audit — chasing a builder from another time zone is the expensive way to find out. Tulip Yellow’s own delivery read is inside this report. The Gurugram Delivery Audit →
General information for overseas buyers, not legal or tax advice — rules change; confirm your situation with a cross-border CA. The NRI Desk structures exactly this, end to end.
The Independent Desk
Gaurav Jain
Founder, Truth Estate
I’ve read this file. Unlock what I found.
The full 5-pillar forensic audit
Price journey & 10-year ROI model
The verdict — our call for your budget
A 1:1 call with the founderincluded
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Considering Tulip Yellow?
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◆ We represent only you — never the developer.
Independent assessment by Truth Estate. No developer can pay for a higher Truth Score or to appear here. The Truth Score, Match Score and any recommendation are our own evidence-based opinions as of 22 Oct 2026 — not a guarantee of performance, safety, appreciation or returns, and not investment, legal or financial advice. Ticket and price bands, ROI projections and delivery estimates are tracked or modelled figures that vary by tower, floor and stack. The decision, and its risks, are yours; we are not liable for the performance of any project. Verify specifics independently and see our full disclaimer.
