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Palm Exotica project review

Replies (7)
1
It has been almost 1 yr since the launch of the project but no work is going on at the site
Pooja


2
The real estate in Bhiwadi seems quite promising in all aspects, it is better to emphasise on all the positive and negative aspects of investments in this area. At least 20 percent returns can be expected every year, but still, it seems that the area is not a good choice if one is looking for short-term returns.
The proposed or ongoing development projects in Bhiwadi including arterial roads, stormwater management system, solid waste management system, internal transport system, etc would take another 3-5 years to be completed. However, the RRTS could take more than five years to be operational. So it can be considered a good investment for those looking for long-term gains and for living purpose.
Karan Manjrekar


3
I heard that Bhiwadi is a good locality for investment purpose. Can I get a brief information about the locality
Deep Thakur


4
Project Highlights as follows: 1) Just 4 kilometres drive from upcoming Dry Port which is on the Alwar-Bhiwadi Bypass road.
2) Just 30 minutes drive from Gurgaon and 45 minutes drive from New Delhi.
3)All facilities including business, transport, hospital, Schools, club, etc are already available.
4) Special Economic Zone (SEZ's), spanning across 500 acres has been approved in Kush Khera which is near PALM EXOTICA.
5)Famous MNC's like Saint Gobain, Mahindra, General Motors, Samsung, Toyota, etc. are setting up their plant in Bhiwadi

Payment payment for this project: 35% in 60 days+15%on 10th Floor+Rest on possession
Karan Manjrekar


5
How is the payment plan in the project and what are the highlights?
Deep Thakur


6
Thanks a ton for the information. Have you booked an apartment in this project? How many apartments will be coming up in this project? What is the price going on and which banks are providing loan for the same?
Deep Thakur


No I have not booked an apartments but I have checked the project. The project will have 2280 apartments and it has been approved by all the leading banks. The price of the apartments starts from Rs 16 lakhs.
Karan Paathak,  Ghaziabad
15th August 2014


7
Palm Exotica is an ongoing project by Adarsh Group. The project is expected to get completed by 2016. The project will offer 1,2 and 3 bhk apartments with size ranges from 668 sqft to 1392 sqft.
Karan Manjrekar


8

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