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1. Large apt complex - water meters?

Are there success stories of water meter installations in large apartment complexes (500+ flats with 10+ floors) where there are multiple entry points into flats? 

I'm seeing the following issues:

a) The cost is huge

b) The meter reading becomes difficult unless there is a way of reading the meters from a central location

Are there any systems that cater to installation of 1500+ water meters and automatic aggregation of these meter readings from a central point? What would be the total cost involved?

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