Originally Posted by kkotwani

Hello Folks,

I have booked an apartment in Royal Palms in October 09 so i keep visiting this place every month to check on the status of construction.

Just to give you guys some info on the rates, Royal Palms was selling residential apartments Rs. 3,999 psf (base rate, + Rs. 40 every floor rise) until December 09. Now they have increased the rate to Rs. 4,999 psf since they have managed to sell off almost all the apartments.

Yes it is a little in the interiors and lonely in the nights post 10 pm. That is because there is not much civilaisation as of now.
However, 2 years down the line i see this place getting occupied since Royal Palms have itself sold approx 1,000 apartments (and people are buying like crazy, apartments, bunglow plots, commercial space).

There is no problem of water (having powai lake so close to estate). Electricity is also 24/7. No power cuts.

Transport problem.. Not at all... there is BEST bus service every 10-12 minutes from Station to RP.

Guys, those who have already invested in RP and if are interested in forming an e group please let reply on this one. I think that would be really cool..

Thanks..