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Palais Royale

P52

A Supreme Court refuge-and-FSI saga; RERA lapsed, occupied only to the 53rd of 56 floors · RERA P51900006786

Palais Royale plot outlined on the Rexray View MapYour plot on the 2032 skyline · tap for context
Overall Score5.1/10as of 2026-09-14

A topped-out would-be tallest tower carrying a 20-year litigation trail and a refuge-as-carpet legacy.

Flags
  1. MahaRERA registration has LAPSED - the revised completion date passed without renewal, so the project cannot lawfully be marketed or sold until it is.
  2. Occupation certificate reaches only the 53rd floor, though the building is constructed to the 56th - the top floors are not yet occupation-certified.
  3. Title rests on a 2019 lender sale after the first developer's insolvency; no certificate covers that chain, and a Rs 400 cr charge sits on the land.
1 further flag
  1. A creditor and statutory docket (Indian Bank, IIFL/Sammaan and others) remains live into 2026.
The 5 things that decide it tap to jump
FVL — Rexray's index · F Fundamentals · V Value · L Livability · each pillar is the average of its scored attributes, scored 0–10: Weak (<4) · Mixed (4–6) · Fair (6–7.5) · Strong (7.5+) · the verdict is set separately, by hard-stop rules · Scoring Methodology →
The plot & what surrounds it — at 2032
Rexray View Map: Palais Royale and its surrounding development modelled at 2032
Palais Royale — plot boundaryResidentialCommercialFuture confirmed development (layout speculative)Existing Building
Rexray View Map — every surrounding mass is modelled from sanctioned or filed data at possession-horizon build-out. The red boundary marks the Palais Royale plot; the coloured blocks around it are the neighbouring residential, commercial, and rehabilitation development at build-out. This is the density the Livability score is measuring.

Pillar scores are provisional roll-ups derived from the 16 attribute scores · FVL numeric scoring pending across all properties

Five questions to ask before you commit
  1. Before you believe any 'exclusive use' pitch on the refuge/deck/moat next to the flat: a Supreme Court order says those areas are common and must stay open to all occupants - you cannot own or enclose them. Confirm on site.
  2. Is the MahaRERA registration renewed, and can the developer lawfully sell right now?
  3. Who is actually completing the building, and what is the final/full occupation certificate position above the 53rd floor?
  4. Is there a title certificate covering the chain after the 2019 lender sale, and is the Rs 400 cr charge released on your flat?
  5. What does the central atrium cost to run, and what is the maintenance/outgoing per square foot?
Analyst's Read

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