Royal Palms India has cut commercial real estate prices by 25% to woo more buyers and investors into its 240-acre estate.
The company has offered to sell commercial realty at Rs 2,999 per sq ft as against the previous offer price of Rs 3,999 per sq ft, a discount of 25%. Possibly this is the biggest discount offered by any realtor in India.
Royal Palms is offering offices in the sizes ranging from 400 sq ft to 200,000 sq ft in ready possession buildings as well as in some buildings which are under construction.
These are located inside Royal Palms estate in Mumbai’s western suburb of Goregaon East.