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Commercial property at great rates

Updated on: 20 August,2010 09:55 AM IST  | 
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Royal Palms offers guaranteed 18 per cent rental returns on booking of ready possession and under-construction commercial property

Commercial property at great rates

Royal Palms offers guaranteed 18 per cent rental returns on booking of ready possession and under-construction commercial property. It offers commercial properties ranging from multiples of 400 sq ft starting from Rs 21.34 lakh onwards.

For actual users and investors, this is best avenue for parking funds giving capital appreciation plus regular returns. We are the only developer selling small units at the value of Rs 16 lakh. There is a huge demand for this segment as we have already sold 1800 units.

Royal Palms is offering buyers guaranteed returns of 18 per cent pa for two years, who lease-back their units through the firm. There are no catches or options attached. Royal Palms shall further lease these properties to its corporate clients and generate income from them, which will be used to pay the owners their share. This will ensure that the investors get good returns as well as capital appreciation.



On one hand, Royal Palms offers property at rates which are 30-60 per cent below the going market rates, and on the other hand one gets a guaranteed assured return of 18 per cent. Dilawer Nensey, JMD, Royal Palms says, "First the land on which these properties are located was acquired over 26 years ago at negligible cost and hence even at these rates we will make reasonably good profits. Property buyers are also given a free lifetime membership of the Emerald Club (cost two lakh) located within the complex."

For under construction commercial property, it is the confidence of the promoters in the potential capital appreciation of the project, which is making them offer 18 per cent guaranteed returns upto August 31, 2010.

Spread over 240 acres of lush green land in Goregaon East, Royal Palms Estates is just seven minutes from the WE Highway and seven kilometres away from the international airport.

Royal Palms also comprises two five star business hotels and luxurious appartments that blend in beautifully with the environment.

Though it is located in a suburb that is one of the most busiest, Royal Palms proudly boasts of a noise and air pollution-free zone. For further details call on 28794000/ 61462000.




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