Home Add to Favorite Contact Submit  
           22 March, 2017
 
 
search for
 
 


Categories
Agriculture »
Arts »
Automotive »
Business »
Career »
Computers »
Education »
Entertainment »
Fashion »
Finances »
Food & Drinks »
Health & Fitness »
Hobbies & Crafts »
Home & Family »
Industry »
Internet »
Kids & Teens »
Legal »
Machinery »
Marketing »
Miscellaneous »
Music »
Nanotechnology »
Non-profit »
Politics & Government »
Real Estate »
Recreation & Sports »
Religion & Faith »
Science »
Shopping »
Society »
Software »
Technology »
Telecommunications »
Transportation »
Travel & Leisure »
    
Category:  Press » Real Estate

 

Royal Palms Offers Offices / Commercial Spaces at Affordable Rates Backed by 2-Year Spread-Over

Popularity:
         Views: 1172
2012-02-13 01:35:43     
Mitesh M Kapadia

* Emphasis is on size i.e. No major builders are selling small units although there is huge demand for this segment. Offices of 500 sq ft size also on offer at an attractive price of Rs 29.9 lakh backed by a spread-over of 2 years.

Mumbai, India, Tuesday - February 07th, 2012 -- Royal Palms Estates, Mumbai’s leading developer, has introduced an innovative real-estate option to enable buyers to get their own offices they had always dreamed of. Royal Palms Estates’ new ready-possession project "Smart Business Suites" at Goregaon East in Aarey Colony comprises of 96 units ranging from sizes in multiples of 500 sq ft each. The company is offering these business suites or commercial units at an attractive price of Rs.29.9 lakh for a 500 sq ft unit which comes to about Rs 6,100/- per sq ft - a rate unimaginable within Mumbai municipal limits. What’s more, a buyer does not have to pay the full amount on possession but only a down payment of Rs 9 lakh and the balance amount is to be paid over a period of 2 years through zero interest monthly installments.

The smallest office unit can seat about 12 persons plus a cabin for the owner and is self-contained. Furthermore, the offices are air-conditioned and furnished.

Buying property at Royal Palms is a bargain in more ways than one. On one hand Royal Palms offers property at rates which are 30% - 60% below the going market rates and on the other hand one gets an option to pay in installments. This not only helps those with lesser cash flows, but one is also spared the trouble of cumbersome bank procedures for a loan. Besides, bank loans attract heavy interest which one is saving here. Property buyers are also given a FREE lifetime membership of the Emerald Club (cost 2 Lac) located within the complex.

For Investors looking at parking of own funds, this is even more lucrative as they own a ready-possession commercial space for 25% of its value. If they further rent it out they can recover their investments in a very small time. This is because capital appreciation is assured in this space-starved city. Additionally, most experts feels that the office spaces segment in India is on a gradual improvement curve, with demand just about beginning to pick up.

Royal Palms has already sold over 1800 offices totaling 800,000 sq ft with top names like Topsgroup, Kapole Advertising, Prime Focus, Ruchi Infrastructure, Connect Star Networks Pvt Ltd, Essel Shyam Telecom, Monarch etc having their business HQ here.

Adds Nensey, "A buyer will get on ownership at Royal Palms what he would get on rent or lease at Bandra Kurla Complex (BKC) or Andheri. Many companies which are based in Andheri, BKC or in South Mumbai are looking at shifting base with a larger area to suburbs like Goregaon. This makes acute business sense. E.g. A company owning a 1000 sq ft office in BKC or Andheri can get out of it and for the same price buy a 4000 - 5000 sq ft office in Royal Palms."

Spread over 240 acres of lush green land in Goregaon East , Royal Palms Estates is just 7 minutes from the WE Highway and 7 kms away from the International airport. Says Nensey, "Supported by the exclusive, state-of-the-art infrastructure already in place corporates can also take advantage of the hospitality facilities that Royal Palms has to offer. Two five star hotels with over 800 rooms in the development make staying or working at Royal Palms a smoother affair."

Goregaon sits in the center of Mumbai, with proximity to and excellent connectivity with Airports, SEEPZ, MIDC and Andheri East, An increasing number of swank malls, commercial developments at strategic locations, high-rises, multiplexes and numerous flyovers, are giving the suburb a whole new profile. Despite the growth, the suburb has retained its greenery and peace.

Concludes Nensey, "Over the past decade Royal Palms has managed to keep pace with market needs and produce ideas that are totally in sync with the demand from across large, small and mid-sized players, offering every investor / buyer state-of-art facilities at minimal capital investment."

Press & Media Contact:
Mitesh M Kapadia
Sentinel Public Relations Pvt Ltd / Sentinel Advertising Services
B-603, Samajdeep, Near Bhanu Park/Seasons Restaurant
Adukia Road, Off S V Road
Kandivli (W), Mumbai 400 067 India

Specialized in: Commercial Units - Commercial Spaces - Royal Palms - Capital Investment
URL: http://www.royalpalmsindia.com
Print press release      Bookmark this page
Related Press releases 
Buy Luxurious apartments with high-tech convenience from liberty harbor (Popularity: ): Jersey City, NJ (April 12, 2011) - Liberty harbor gives New Jersey home buyers apartments with classic architecture, modern conveniences and a vibrant community. The apartments in jersey city are created keeping in to account the busy lifestyle of people and the resulting need for comfortable ambiance.The residents of Liberty Harbor have access to Wi-Fi which allows them to access their condos and apartments remotely, from Jersey City or Jersey, ...
Formation Capital Announces New CEO (Popularity: ): ALPHARETTA, Ga., April 1, 2011 -- Formation Capital (Formation), a leading investor in the seniors housing and health care industry, today announced the hiring of Brian Beckwith as Chief Executive Officer, effective April 18, 2011. Mr. Beckwith joins from GE Capital where he had been Senior Managing Director of GE Capital's Healthcare Financial Services - Real Estate team, a business with investments totaling $7 billion. In his 13 years with ...
Parkway Announces 2011 First Quarter Conference Call (Popularity: ): JACKSON, Miss., March 23, 2011 -- Parkway Properties, Inc. (NYSE: PKY) announced today that it will release 2011 first quarter earnings on Monday, May 2, 2011, and will hold its first quarter conference call on Tuesday, May 3, 2011, at 11:00 a.m. Eastern Time. The Company's earnings release and supplemental information package will be posted to the Company's website prior to the conference call.To participate in Parkway's first quarter earnings ...
Mahagun Mywoods is the Most Sought After Noida Property (Popularity: ): With a resurgence in the economy and brighter financial prospects, almost all sectors of the economy have started to look up. Real estate is no different. People have begun to show renewed interest in buying houses and office premises, and the investment made in this sector has begun to show a steadied growth. Among the major destinations for investment are Real Estate in Noida Gurgaon and Navi Mumbai.Mahagun India has ...
Findire gives the best results of Aventura Condo and Condos in Miami (Popularity: ): A Findire property has everything for property investors of all types in their quest to locate the very best investment opportunities currently available in both mature and emerging markets worldwide.The Findire site extensive property search plunges you whole new world of real estate. The classified property search helps you find properties like independent houses, apartments and villas which best suit likes and dislikes. The search optimizes best results available in ...

Press release home snapshot 


Related Business 
Royal Palms Resort and Spa (Popularity: ): The Royal Palms Resort and Spa is reminiscent of a Spanish Mediterranean Estate. Royal Palms is conveniently located between the prestigious Phoenix Biltmore area and popular downtown Scottsdale.
Capital Direct Funding (Popularity: ): Capital Funding Hard Money recognizes that commercial real estate is rapidly becoming the investment of choice for savvy investors all over the world. With the attractive spread between Cap Rates and Interest Rates, commercial real estate offers an excellent opportunity for commercial real estate investors. As the market heats up, investors from around the world see plenty of reason to own commercial real estate investments.
Betting Bible - Compare Spread Betting Companies (Popularity: ): Betting Bible is a financial spread betting guide for beginners in the UK and aims to help new traders find the best spread betting company for them. It has a comparison table of margins, spreads and offers. There are also helpful examples of how to spread bet on different asset classes such as indices, equities, interest rates and commodities.
MVL- Flats in Bhiwadi | MVL Palms Bhiwadi (Popularity: ): MVL Palms, MVL Coral, MVL Indihomes are one of the best Residential and affordable projects in Bhiwadi. Call at 8800995600 for best price with no hidden costs and free site visit by cab. We are the infa capital and MVL have enormous prospects for residential and commercial real estate in bhiwadi, gurgaon, delhi, NCR. We recommend the appropriate options for flats, floors, apartments and commercial and official space according to ...
Commercial Property London (Popularity: ): Workspace Group provides commercial properties to let throughout London including offices, serviced offices, light industrial, studios and workshop space. Flexible property available to lease from small incubator units to large office spaces in all areas of London.
Offices, Commercial, Industrial spaces for rent (Popularity: ): Realestate.Louer.com is Quebec`s best choice for office, commercial and industrial rentals. Find a space for your business now!
Architects in Chennai (Popularity: ): Design Qube is the leading chennai interiors architect company offers best services in Interior Designs, spectrum right from residences, institutional spaces and commercial spaces.
Arebbusch Travel Lodge (Popularity: ): Arebbusch Travel Lodge offers high quality accommodation at affordable rates in a natural setting within Windhoek – a gateway to the many wonders of Namibia’s beautiful wide open spaces, its fascinating variety of cultures, nature, wildlife and majestic sunsets.
Solar Royal, LLC. (Popularity: ): Solar Royal is a manufacturer, designer and developer of premium attic fans, solar attic fans, solar attic ventilation and other solar venting solutions. Solar Royal offers the best featured, highest quality and best value product available for your solar venting and solar attic fan needs. The solar ventilation can be utilized for residential, commercial, livestock, agricultural and utility applications. SolarRoyal.com products are also available with a lifetime warranty for residential ...
Best property dealers in Kalyan (Popularity: ): Rai Residency Pvt. Ltd Real estate developers in, Kalyan they has created opulent spaces that have epitomized the pinnacle of luxury. Backed by a strong legacy that spans over five decades, And these real estate developers in Kalyan is managed by second generation entrepreneurs who have carved a niche for themselves in the world of real estate. They are regarded as one of the established best property dealers in Kalyan. ...


 
 
Home | Top | Set as Homepage | Bookmark this Page | Privacy | Banners | Contact | Submit Press Release
© 2003-2015 ABC Directory.Com. All Rights Reserved