India, June 17 -- Gurugram-based real estate developer Tulip Infratech will invest Rs.1,100 crore to develop a luxury housing project on Southern Peripheral Road (SPR), featuring four residential towers rising to nearly 495 feet, which the company says will be among the tallest residential developments along the corridor.Spread across 7.5 acres, the project, named Tulip Melrose, will comprise 608 apartments, including 10 penthouses. The development will feature four towers of 40 floors each, housing exclusively 5BHK residences with a super built-up area of around 3,250 sq ft. The average price of an apartment is estimated at approximately Rs.4 crore, the company said.A key feature of the project is a grand clubhouse spanning the entire gr...