8000 to 9000 sq. ft. size flats soon in Surat

Palm Riveria Poster near Majuragate RTO

Palm Riveria Poster near Majuragate RTO

As per latest information 2 of the builders in Surat are going to launch apartments with flats size of 8000 to 9000 sq ft. One of them is in the Vesu Canal Road and other one on the Bhatar – Sarthana Road. With the maximum apartment size currently is 3000 – 4000 sq feet, these giant sized flats have come quite a surprised.

When the worldwide real estate market expected to see rough days ahead the launching of such huge properties comes quite as surprise.

Such property can cost between 4 to 6 Crores. The monthly maintenance of such apartments assuming Rs. 2 / sq ft / month would be aprox Rs, 16,000 to 18,000 / month.

The idea of the builders to launch such huge apartments could be the need of the end users. Such properties might not attract investors at first place, but end users who are really going to use the apartment will surely love this luxury.

With people preferring apartments more than the bunglow’s now, the demand for super luxurious apartments has increased. Thus no matter the smaller size apartments might find problem in getting the customers, but due to lesser options, this segment might not see much problem.

 

 



  1. Ramesh Ahuja says:

    How has got 4-5 crores to spend in Surat for a flat? Is this a joke…

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