Q: Hey I recently came across the Shri Royal Town project in Indore. Are there houses under this project, or is it just plots? Can anyone give me full details about this project? I'm thinking of buying a home for my retired parents.
Hey, I think it’s a good idea to buy a rowhouse for your parents. These rowhouses are almost like villas, only smaller and closer to each other. I think that is a good thing with your parents living all alone. A smaller house will be easier for them to maintain. I think a 2bhk will be better for them, they can have some extra room, for when guests come over. Being located in Mhow, this property has clubhouse facilities as well as a shopping mall, within the property premises. There is a bus stop within the project premises, where you can get buses for the rest of the city.
Hey, the exact price details haven’t been announced yet. But the price range has been declared to be between Rs 12 to 18 lakhs. Since there are only two types of row houses under this project – 1bhk and 2bhk, it’s obvious that the 1 bhk comes for a price of Rs. 12 lakhs and the 2bhk for a price of Rs 18 lakhs. The 1bhk has a built-up area of 400 sq.ft, whereas the 2bhk has a built-up area of 1400 square feet.
I have some information about this project. It has been developed by the Royal Colonizers group of builders and developers, and the project is located very strategically on the Mhow-Pithampur Highway. It is near Chowpati and very close to the Lokmanya Nagar Railway Station. The project has just been launched few days back. The construction is still in its initial phases. The price details and other details about the possession date of the property have not been announced as of now.
Hey, the Shree Royal Town project does not have just plots. You will find rowhouses under this project as well. These houses will be perfect for your parents to live in. They are not too big, so they won’t have too much maintenance to take care of. There are 1bhk and 2bhk houses available under this project. If just your parents will be staying there, then the 1bhk house should be perfect. However, if they need some extra space for guests or for other purposes, then the 2bhk house is also a good bet.