Under this innovative scheme, the simple equation works out to: land + FSI + sanctioned plans = priced to sell
Royal Palms once again introduces its yearly aggressive price selling. The deal the company brings to the market is not only attractive but also innovative. The company is all ears to consumers' needs and doesn't believe in following the market trend of high price, low sales.
With a concern for the company's growth and consumers, the scheme underlines the group's motto: 'We are content with reasonable profits and happy people'.
After the innovation of the 80:20 scheme, which is now the widely accepted norm of the market,
Royal Palms has come up with yet another lucrative scheme of 0% down payment, 0% interest, possession now, payment in the next 24-months interestfree installments.
Also, the new business plan of Royal Palms (selling FSI+land+ infrastructure+all sanctions for residential, commercial (IT) and serviced apartments) is targeted at mid-sized builders and actual users who could benefit by 40% in reduced costs.
Generally, developers face hurdles in land acquisition, title clearance and builder's permits, which result in project delays and cost escalations. In this scenario, Royal Palms' strategy to sell land along with sanctioned plans FSI as ready-to-go projects would infuse enthusiasm back into the realty sector, especially for the midrange builders and actual users as projects could start within a few weeks. It's an ideal option for residential, commercial (IT), hotels, service apartments, among others.
Moreover, the location of the project commands its own cost and price. Royal Palms Estates is a sought-after destination in view of the greenery it offers and the close connectivity with Powai and Western Express Highway. The township has developed into a bustling mini-city, recreation club, a lake, a shopping mall, restaurants, 5-star hotels, offices and IT parks. All this is in addition to residential properties that also include studio apartments, villas, bungalow plots and row-houses. Having delivered close to 2,500 residential flats and 1,800 offices in its sprawling 240 acres complex, Royal Palms is set to achieve a critical mass of 3,000 residential flats and 2,600 offices by the end of 2013.
The 40-year-old track-record of Royal Palms Group highlights all the business plans, which are based on the old-school method of reasonable profit, long-term view and happy buyers. Royal Palms always delivers on their promises in terms of deals that are ready for possession, sanctioned plans, and clear land title. The offer remains rock solid and it can't get more lucrative than this.
So, grab this golden opportunity with both hands and enjoy your bargain purchases!
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