The project has got approvals from BMRDA and the project is expected to get completed by September 2016. The project is spread over 7 acres and 15 guntas of land. There will be a total of 855 units with a combination of 2 and 3 bhk apartments.
Palm Groves is a joint venture by Aryan Home Tec and Karsten Homes. The project has got approvals from banks like HFFC, DHFL, Axis and LIC Housing Finance.
The size of the apartment ranges from 598 sqft to 987 sqft and there will be 4 blocks. Currently the rate per Sqft going on is RS 2500. The price of the apartment starts from Rs 16.99 lakhs on wards.