Real Estate Forum on Buying property for Royal Palms in Goregaon East, Mumbai

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

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

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?