Would Like to get Mount Royale Project Review

Q: I have a family of 8, so I’m looking to invest in either a big 3 BHK or a 4 BHK around the GV Residency area. A lot of people suggested Mount Royale. Is it good to invest in this project? Also, I’d really like to know what’s so good about this project. Please let me know.

Kishore Kumar, Coimbatore

8th August 2014

Residential Project Review in Coimbatore

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4 bhk apartments in gv residency

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Replies (4)

A 4000 sqft house. Wow! I really hope you get it. It’ll be amazing to live in such a huge apartment. Especially, with the amenities and features, these people are offering, it’ll be luxurious living for sure. It’s kinda in wilderness, so it’s serene, but don’t worry it’s pretty accessible. They have terrace swimming pools, a health club with Jacuzzi and spa. There’s a mini theater also in the premises, along with the regular gated community amenities. They also common driver or servant rooms. So, almost everything is covered. So, I think it is good investment. But, because you’ll be spending like 2 crores, do check all documentation twice, hire a lawyer maybe for any help.

Sandhya Prasad, Coimbatore

9th August 2014

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Oh man, I hope your budget is high, like really high to buy a huge 3 BHK or a 4 BHK here. You’ll find a 2800 sqft 3 BHK at around 1.54 crore here. And if you want to buy an ever bigger apartment, then you’ll get a 4 bhk with an area ranging from 3985-4070 sqft, so if you calculate with 5500 per sqft, you will be paying around 2.25 crores for a house. If your budget permits, a 4000 sqft home will be like a playground even for 8 people. So, I think it will be a good investment man.

Naduveetil Rajgopal, Coimbatore

9th August 2014

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The price offered by these people is 5,500 rs per sqft, which I think could have been a little lesser. Maybe somewhere closer to rs. 5,000-5,300. But, I guess the price is on the upper side, because these people are offering many amenities inside. And it is a gated community consisting of 3 blocks, so I guess in a way high price is justified. And one good thing is that the builder is very reliable. I don’t know if you've heard of projects like Jain Plaza, Jain Manor, Green Paradise, etc, they are all successfully completed project by the builder.

N Jeeva kumar, Coimbatore

8th August 2014

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Well, I wouldn't blame the people who recommended Mount Royale, it’s really nice, especially the amenities. It’s a good gated community, and probably one of the best in the area. The best thing about this project is that it has options for 1,2,3 and 4 BHKs. The project is completed, and apartments are there for sale. Other good thing I think is that these guys are very upfront about their legalities and approvals and stuff, and they provide very good help with obtaining loan also.

Manikandan Swami, Coimbatore

8th August 2014

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