Thread: Royal Palms
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Old 21-02-10   #34
Paul Sundaran is offline Paul Sundaran
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Originally Posted by devroop.dhar View Post
Anyone has news of Royal Palms, Goregaon? Has anyone bought an apartment there or seen the place? Is it worth purchasing an apartment there? How is the location and reputation of the builder?

Don't even take a second look at that place, they've got too many legal issues, very poor construction as the contractor apparently cheated them in a big way. Practically no takers, location is too desolate, prices were hiked by speculative buying. Plus no banks are willing to bear the loan for the property there. A friend of mine was even offered 4125psf as the rate in Jan2010 for a residential apartment. Only venture if you have excess cash ..... to lose.
Paul
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