Thread: Royal Palms
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Old 24-09-09   #14
ppad77 is offline ppad77
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Default Royal palms is completey legal!!!!

Hi there,
I m not here to criticize anyone, but loans are possible on these flats and this area is not forest land at all!!!
This is a private piece of land, surrounded by Aarey Milk Colony on one side, Film City on other and National Park (forest land) on the rest side.
We recently bought 3 flats there (2BHK & two 1BHK) and a friend of mine got a 1BHK. 3 flats out of these were on loans, 2 from Central Bank of India and one from Bank f Baroda. All these loans were cleared within a month of applying.
The current rates there are around 4500 psf...if u see in Mumbai suburbs, there is no other place with such low rates, Kandivli Lokhanwala is more than 3 kms form the station and people are asking 6500 there. I know the construction is good there, but the rate is high too.

There are private buses to Royal Palms from Goregaon (E) as well as BEST 452 every 2 mins. and it is around 2 to 3 kms from the station. It is a zero pollution area and the surrounding greenery will never be destroyed.

Yes, the construction is not at all up to the mark. Thats a big drawback, but where can u buy a flat in Mumbai in a 20 storey tower under 50 lakhs.

Also if you haven't heard......RAHEJA is planning to take over Royal Palms from Nensey, this shud be over within about 2-3 yrs. Just imagine what wud be the value of this property after the take over???

Its only 3 kms from station, 2 kms from Western Express Hwy, on the other end is Powai (easy access to new mumbai and going out of mumbai).
I like this place maybe bcoz I have been living outside India since the last 12 yrs n I find it calm n soothing there. Also the view from my flat is awesome, I can see lush green aarey property, film city, towers near express hwy and also the sea. So its a great buy for me and my family & friend. The water is now 24 hrs and the electricity is also pretty good. Sometimes they do load shedding coz there are new constructions in the surrounding area and they use the power there for some time.

Sorry for bugging u guys with such a big post...but I just felt I shud let u guys know that theres no harm in buying a ready possession flat in Royal Palms. Plz dont go for booking of future towers, U will have to wait double the time mentioned by the builder...that I can guarantee.
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