Q:What is the difference in formula for calculation of Maharashtra Ownership of Flat Act (MOFA) based carpet area and Maharashtra RERA based carpet area with regards to new residential flat in Mumbai?
Latest Answer: According to the RERA, carpet area is defined as the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment. A similar provision exists in MOFA with the difference that the percentage prescribed is 20 percent in place of 10 percent in RERA.
Latest Answer: I would like to suggest you check all the legal approvals for under construction or ready-to-move-in projects before booking your flats in these projects.
Especially, if you are going for an under construction project then ask for the MAHARERA approvals. Thanks
Latest Answer: Hi Pradyuman!!
Have you visited the project site? How is the project locality and it's connectivity to other parts of the MMR? What is the current property rate is going on in the locality?
Q:If ever there was a perfect city within a city it has to be Royal Palms Mumbai. I have changed many homes in the past, but none have been as good as this.
Latest Answer: The township is not properly maintained and there is connectivity issues. Investing here doesn't look positive because there has not been much appreciation in terms of location. I know of someone who had bought a place in 2005 and sold in 2014 and did not get too much appreciation (all because of connectivity and maintenance issue)
PropSurf
Q:Located in the heart of Mumbai, Royal Palms is the perfect living option for my family. We love a place that has an equal amount of greenery in it, and Royal Palms is definitely providing it. We love this place and plan to live here for a long time.
Latest Answer: I personally think it is not a better option in terms of investment because the location is not so impressive. I would suggest investing in Virar or Kalyan side where you will get better returns. It totally depends on what you exactly what. This project is cheap and there is ease of connectivity whereas in Virar you know you'll be left hanging in the train. I have been staying here for past 5 years and there are a host of issues that I would like to highlight a) class of people - as lot of drivers etc have moved here; b) maintenance - the buildings do not have great maintenance; c) access to plumbers, carpenters etc is an issue; d) during rains the place gets quite muddy and dirty. Having said that if you are on a low budget, this is not bad given that you are close to Goregaon, Mulund and Powai.
Propsurf
Q:Royal Palms make sure that all their properties have efficient management systems and aren’t harmful to the environment. This is what makes them one of the best and also makes their residential options one of the best.
Latest Answer: Hi folks!!
I read in a newspaper that the state govt. is considering a private plot of land owned by Royal Palms in Goregaon East for the car depot of the Colaba-Bandra-SEEPZ Metro 3? Is it true?
Q:The Royal Palms name is known for offering a perfect blend of a living solution and access to beautiful nature all around. This is exactly what makes the township in Mumbai a perfect home for a family.
Latest Answer: Hi,
Are you planning to buy flat in Chandak Paloma, Goregaon East? What is your budget and BHK configuration? To get more details of this project click this link Chandak Paloma, Goregaon East, Mumbai
Or,
To get best deal on it, You can call on this toll free number (1800) (180) (180) (180) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.
Latest Answer: Hi,
Are you looking for flat in Romell Umiya Grandeur, Goregaon East, Mumbai? To get more details and availability of this project click this link Romell Umiya Grandeur, Goregaon East, Mumbai
Or,
To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.
Latest Answer: Hi all,
I am planning to invest in Yamuna Expressway. And come to know about this project. I heard that they have down payment options which will determine the per square foot rate. What are those options?Thanks...