Ruby Isle Pictures - May 17, 2010

The developer had to dig quite deep into the ground to find bed-rock to lay the foundation of the building. A month or so ago when I visited the site, a construction worker on the ground, told me that the foundation digging had gone down almost 30 to 40 feet below surface level.

On May 17th, 2010, the building seemed to progressed well. The top of the T shape had been constructed from the base bed rock to almost ground floor level. The tail of the T had been built further and has some stilts in addition. These pictures from the May visit.



Stilts being built on Ruby Isle. This is the tail of the T-shaped building.

This is a view of the top of the T. Here the building has just about reached the ground floor.

Service or Residential Apartment?

The 'Agreement for Sale' that Royal Palms would like a buyer of a flat in the Ruby Isle Apartment building to sign states that the flat being sold is a 'Service Apartment'. Further, that the buyer agrees to user the said premises only as a 'Service Apartment' and for no other purpose and in consonance with Municipal Rules.

The agreement does not define 'Service Apartment'.

I'd like to understand what the difference between such a 'Service Apartment' and a normal Residential Apartment is? Why is Royal Palms terming it a 'Service Apartment'? Does a 'Service Apartment' also confer a full and complete title to the flat being purchased as a normal residential apartment in a housing cooperative?

The agreement does state that Royal Plams will execute a deed of lease for 999 years in favour of the Housing Coocerative society that the residents of a building may form. However, they will do so only after all the flats in the building have been sold by Royal Palms. Does the lease have any bearing on why its being termed as a 'Service Apartment'?

My initial discussions with the Royal Palms Marketing Team and their advertisements did not describe Ruby-Isle as a service apartment.

Any response will be appreciated.

Ruby Isle - Royal Palms, Mumbai

Hi,

I've purchased an apartment in Ruby Isle at Royal Palms, Goregaon, Mumbai. I'm keen to start or link up with a group of residents who have purchased apartments in this building so that we can leverage collective wisdom and act in concert to form a good cooperative society quickly, one that is mutually beneficial for the residents and Royal Palms.

If you are interested in forming such an association please contact me at this email address: ThisisRuchir@Gmail.com.

Thanks