Jaypee Sports City Kassia - Page 2 - Indian Real Estate Forum

anshkapoor · 08-01-12

Quote:

Originally Posted by rc0878

I have a booking in Kassia myself and am pleased with the price escalation so far. IMHO JayPee's focus on quality goes without saying, as I have personal experience with their other projects.

They recently launched a new block - KASSIA Block 4 and they opened the rates around 3200 psf. The prices for KASSIA Blocks 1, 2 and 3 that were launched last year are in the range of 4500 psf.

Let's just wait for Y-Xpressway to start and see the effect on the prices.

The reason for block 4 to have a lower bracket of pricing is primarily due to its location dimensions.

I found this link on their website, where they mention the ongoing price:
Jaypee Greens

dont u think the difference between 4500 & 3200 is a bit too much.. it may end up discouraging potential buyers to buy in block 1,2 or 3. they would prefer to buy in block 4 rather than 1,2 or 3 when the difference is 1300psft.. anyways 4500 rate seems a little unjustified for a location like yamuna expway.. 3000-3500 seems more realistic..

rc0878 · 08-01-12

Ansh, I was interested in booking one more unit in block 2 around july last year, but blocks 1,2 and 3 were fully sold out. Back then I was not aware of Block 4. However in my personal opinion, the price difference is well justified due to the differences in location and interiors of the units.

Not just Jaypee but other builders are about to review prices early this year and 4500 psf seems to be on lower end to the upcoming rates in that area. If you have a booking, hang tight as things are booming in that area.

anshkapoor · 18-01-12

any idea when is jaypee claiming to give possession.. both for phase 1 & phase 2?

rc0878 · 23-01-12

Quote:

Originally Posted by anshkapoor

any idea when is jaypee claiming to give possession.. both for phase 1 & phase 2?

I last called in to ask, and they said mid 2013 - running 3/4 months behind, which is typical.

vimalluthra · 08-03-12

Hi All
I have booked 2 flats in Kassia in nov last year in block 4 . I foresee better appreciation for projects arnd F1 track due to international visibility and these projects will be bench mark for jay pee as they will be seen keenly both by media , investors and corporate houses every time there is a F1 . Hope it reaches maximum appreciation and give us all better appreciation than other projects in Noida on express way . I think security will be better than many other sectors

anshkapoor · 09-03-12

Do you guys feel the departure of Mayawati will have a significant impact on Jaypee projects in sports city?? I am really sceptical..

vimalluthra · 09-03-12

Its like old pple say in politics / business relationship . If politicians change then for businessman its only the name change to whom he has to make friends with . Hope that answers your query . Jaypee is not a road side / fly by night developer . im an NRI so as investment in real estate i wld go with the market leader . Im sure with F1 success they will pay more attention to sports city as they can make money faster here . watch the prices go with every F1 race . Also to make good money you shld look for a horizon of at least 5 years .

akash.g · 09-03-12

Any updates on the construction?
Someone said basement slab has been completed...
Kindly update

vimalluthra · 09-03-12

I am still to receive the demand notice for "on start of escavation " . Both my flats are in Block 4 . may be basement slab of Block 1 / 2 / 3 has been completed

vimalluthra · 12-03-12

They said the demand for "on start of escavation" will be coming only by June 2012 . This is what they are saying today . 2 weeks back they sent a mail that it will come by mid march .

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08-01-12	#12
rc0878 Member Join Date: Dec 2011 Posts: 62 Thanks: 21 Thanked 7 Times in 6 Posts	Ansh, I was interested in booking one more unit in block 2 around july last year, but blocks 1,2 and 3 were fully sold out. Back then I was not aware of Block 4. However in my personal opinion, the price difference is well justified due to the differences in location and interiors of the units. Not just Jaypee but other builders are about to review prices early this year and 4500 psf seems to be on lower end to the upcoming rates in that area. If you have a booking, hang tight as things are booming in that area.

18-01-12	#13
anshkapoor New Member Join Date: Dec 2011 Posts: 9 Thanks: 2 Thanked 1 Time in 1 Post	any idea when is jaypee claiming to give possession.. both for phase 1 & phase 2?

08-03-12	#15
vimalluthra Member Join Date: Mar 2012 Location: Hong Kong Posts: 118 My Mood: Thanks: 11 Thanked 7 Times in 6 Posts	Hi All I have booked 2 flats in Kassia in nov last year in block 4 . I foresee better appreciation for projects arnd F1 track due to international visibility and these projects will be bench mark for jay pee as they will be seen keenly both by media , investors and corporate houses every time there is a F1 . Hope it reaches maximum appreciation and give us all better appreciation than other projects in Noida on express way . I think security will be better than many other sectors

09-03-12	#16
anshkapoor New Member Join Date: Dec 2011 Posts: 9 Thanks: 2 Thanked 1 Time in 1 Post	Do you guys feel the departure of Mayawati will have a significant impact on Jaypee projects in sports city?? I am really sceptical..

09-03-12	#18
akash.g Senior Member Join Date: Nov 2011 Location: New Delhi Posts: 900 My Mood: Thanks: 209 Thanked 134 Times in 103 Posts	Any updates on the construction? Someone said basement slab has been completed... Kindly update

12-03-12	#20
vimalluthra Member Join Date: Mar 2012 Location: Hong Kong Posts: 118 My Mood: Thanks: 11 Thanked 7 Times in 6 Posts	They said the demand for "on start of escavation" will be coming only by June 2012 . This is what they are saying today . 2 weeks back they sent a mail that it will come by mid march .