How is royal palms area to stay? Is this a good investment?

How is royal palms area to stay? I mean is there any utility based problems eg water/electricity? What is the future prospect of this property? I am getting a New apartment @ Rs.4600/sq.ft. rate On higher floor. Is this a good investment? On caparison with other goregoan area… rates very less cause almost all NEW property in goregoan east are from about 6000 to 8000 per sq.ft..