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Old July 22nd, 2009, 07:15 AM   #81
KB335ci2
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According to reliable sources in the industry, the height of Palais Royale will be increased from the current 320 metres. The installation of some sort of radar system (can't elaborate further) at CSIA will afford the builders a considerable height increase.
90 + floors for this one is CERTAIN!

At about a 100 crores a pop, most of the flats have already been sold. CRAZY!
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Old July 22nd, 2009, 07:34 AM   #82
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Wow. If that's the case, the iconic tower should come up then.
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Old July 22nd, 2009, 11:35 AM   #83
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Quote:
Originally Posted by KB335ci2 View Post
According to reliable sources in the industry, the height of Palais Royale will be increased from the current 320 metres. The installation of some sort of radar system (can't elaborate further) at CSIA will afford the builders a considerable height increase.
90 + floors for this one is CERTAIN!

At about a 100 crores a pop, most of the flats have already been sold. CRAZY!
100 crores? thats crazy for that location. its surrounded by chawls and off a congested 2 lane road
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Old July 22nd, 2009, 02:15 PM   #84
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Quote:
Originally Posted by KB335ci2 View Post
According to reliable sources in the industry, the height of Palais Royale will be increased from the current 320 metres. The installation of some sort of radar system (can't elaborate further) at CSIA will afford the builders a considerable height increase.
90 + floors for this one is CERTAIN!

At about a 100 crores a pop, most of the flats have already been sold. CRAZY!
honey thats not true 100 crores get your facts right. it would be like the world most expencive flat ever, even SRKs bunglow was only 50 crores and its in front of beach.

you can buy million times more with 100 crore rupees in India, where did you get that from?
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Old July 22nd, 2009, 10:20 PM   #85
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Quote:
Originally Posted by european View Post
honey thats not true 100 crores get your facts right. it would be like the world most expencive flat ever, even SRKs bunglow was only 50 crores and its in front of beach.

you can buy million times more with 100 crore rupees in India, where did you get that from?
I'll not be surprised at all. Remember, Mr Vinod Khanna paid 30 crores for a 3bhk (2500 sqft) apartment at Malabar Hill more than a year back!

http://www.indianrealtynews.com/real...in-mumbai.html
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Old July 23rd, 2009, 05:37 AM   #86
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there's a difference between malabar hill a year ago and a patli gully in worli today. unless the flats are 20-30,000 sq. ft. each i cant imagine it being anywhere near 100 cr
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Old July 23rd, 2009, 06:21 AM   #87
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Quote:
Originally Posted by european View Post
honey thats not true 100 crores get your facts right. it would be like the world most expencive flat ever, even SRKs bunglow was only 50 crores and its in front of beach.

you can buy million times more with 100 crore rupees in India, where did you get that from?
Why must we make some piece of Bollywood cheese the benchmark for anything at all, including the supposed cost of his rather tacky looking suburban mansion (IMO, that old bungalow looked MUCH better before he laid his filmi-esque hands on them)?

Like I said, got that info from a reliable source, so whether you believe it or not is up to you.
I think the 100 crore figure is a bit outrageous as well, but then each apartment has a small pool and a host of other facilities. Not that the inclusion of a pool hikes up the cost to the ridiculous 100 crore figure, but you never know nowadays.
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Old July 23rd, 2009, 01:36 PM   #88
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WOW man. How big are the apartments then, any ideas? I am guessing at least 2000 Square feet?
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Old July 23rd, 2009, 04:22 PM   #89
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would have to be 20,000 to be even half-way believable. 2,000 would mean Rs. 5 lacs/sq ft
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Old July 23rd, 2009, 04:36 PM   #90
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Ok, I checked again, and I was the penthouse was sold for that much, and its huge, about 15,000 + sq.ft.
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Old July 23rd, 2009, 05:09 PM   #91
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That makes sense now.
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Old July 24th, 2009, 06:28 AM   #92
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Quote:
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would have to be 20,000 to be even half-way believable. 2,000 would mean Rs. 5 lacs/sq ft
The reason I said 2000 because I think 20,000 would be a huge number for all the apartments in the building. But now KB said it's for the penthouse for around 15,000 sqft which makes sense.
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Old July 24th, 2009, 09:36 AM   #93
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Quote:
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The reason I said 2000 because I think 20,000 would be a huge number for all the apartments in the building. But now KB said it's for the penthouse for around 15,000 sqft which makes sense.
Initially when the plan for palias royale put... I heard and read that each appratment will be 8000 to 10000 sq ft... If take 100 crores that would be 1 lakh per sq ft. that huge ...
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Old July 26th, 2009, 05:49 AM   #94
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Coffman Engineers are the structural engineers of this project. Info on their website:


Mumbai Residential High-Rise Tower


Upscale residential super high-rise tower (80+ stories tall) in Mumbai (Bombay) India, a city where real estate prices are among the highest in the world. The building, which will offer super luxury apartments with all amenities for residents, is claimed by some to become the tallest building in India when the structure is completed in late 2009. The structural system consists of high strength concrete shear walls, columns, beams and slabs supported by a mat foundation pinned by rock anchors. There will be four to five basement levels, used mostly for parking. Coffman Engineers has been selected by the owners to evaluate and optimize the lateral force resisting system, including the introduction of damping devices, to enhance the performance of the building in earthquakes and in response to wind loading.




Last edited by IndiansUnite; November 26th, 2009 at 03:25 AM.
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Old July 26th, 2009, 06:45 AM   #95
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Nice. 80+ Floors. Wow.. Its going to be fantastic...
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Old July 26th, 2009, 05:28 PM   #96
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the structure is completed in late 2009
really? doesnt look like it. would be impressive if its completed by next year
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Old July 27th, 2009, 03:49 PM   #97
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I saw this structure when the foundations were being made, had posted here too. The penthouses/duplex (multiple) are around 12,000 sqft and 8,000 for the regular flats. Penthouses will have a private pool etc.
Kasliwals were expecting 50,000/sqft, I know someone who bought a flat for 40cr. It's similar to what another guy paid for a 40+ floor duplex at the Imperial Towers.

I think its silly though, you can get an apartment at Buckley Court for 32cr, and the apartments and location are FAR better.

I'll check the details for the Royale again, my information is around a year old.

Although at the prices they are claiming to have sold the apartments, buy some Shree Ram Urban. Ridiculously under priced edit:it's 100 bucks more than I remember ... but still decent
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Old July 27th, 2009, 05:17 PM   #98
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40 crores??? Holy ...... can't believe the rates are so high man.
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Old July 27th, 2009, 08:45 PM   #99
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mumbai is the 8th most expencive place so dont be surpriced.
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Old July 27th, 2009, 09:19 PM   #100
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Quote:
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mumbai is the 8th most expencive place so dont be surpriced.
Hey where are you getting that number from? Kinda curious. After seeing some of the posts here I thought Mumbai real estate market would be among the top five expensive markets in the world but I was surprised when I saw this list.

"On March 23, Knight Frank released the Wealth Report 2009, a survey of high-end, prime real estate around the world."

Here is the list: http://www.cnbc.com/id/29862382
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