Thread: Royal Palms
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Old 02-03-10   #35
gainvidya is offline gainvidya
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I am following this post since last few months and hence I visited Royal Palm in Jan 1st week. As far as I could analyse.

>Completed constructing around 12 -13 building
>12 - 13 construction are in the pipeline

To check their potential I went for agents out there for resale flats. I found only 1 or 2 building so far had proper water connection. Imagine 2 out of 12 have water connection and the rest are getting water being arranged by either the builder or society probably.

All the future "Under Construction" building will take not less then 3 years. These people have arranged for BEST marketing resource all appear so good. You get to enter a 5 or 7 star hotel to talk about sale. BUT a prudent person will focus on its delivery and not the glamorous promise. It would be foolish to invest in such a place where existing completed project are suffering from the most important and basic needs "Water".

I didnt even bother to check on legal issues and I am sure there would be loads.

I must add I personally liked the lush green surrounding but there is no facility close by yet. I think its at least 10 years away when people who would like all the facility without Water will start moving in...
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