Jaypee Sports City Kassia - Indian Real Estate Forum

Lokesh_g · 21-11-10

Jaypee Greens has announced the launch of Kassia Sports City-Personal Suite located along Yamuna Expressway in Greater Noida. The project is located in Jaypee Greens Kassia Sports City in close proximity to the upcoming Formula One Racing Circuit. It will also be close to boulevard style roads.

Guys , what do you think about this project ..Please advise is it worth to invest ?

KB_may2010 · 05-03-11

Quote:

Originally Posted by Lokesh_g

Jaypee Greens has announced the launch of Kassia Sports City-Personal Suite located along Yamuna Expressway in Greater Noida. The project is located in Jaypee Greens Kassia Sports City in close proximity to the upcoming Formula One Racing Circuit. It will also be close to boulevard style roads.

Guys , what do you think about this project ..Please advise is it worth to invest ?

No jaypee projects are worth to invest untill they will not increase pace of construction.

Lot of risk with jaypee. If mayawati loss election then investment in jaypee will be completely risky

jaypee brand completely lost when they entered into resedential project

No management and control

Brand name can save you only maximum up to 2 to 3 years but if they will not increase pace of construction then jaypee will be completely collapse

MANOJa · 05-03-11

Yes, i agree & thanks for the contribution .

maseyirfan · 09-03-11

No jaypee projects are worth to invest untill they will not increase pace of construction.
Lot of risk with jaypee. If mayawati loss election then investment in jaypee will be completely risky
jaypee brand completely lost when they entered into resedential project
No management and control
Brand name can save you only maximum up to 2 to 3 years but if they will not increase pace of construction then jaypee will be completely collapse
FAIRLY HARSH STATEMENTS for someone who hasnt dealt with Jaypee..& also..about the mayawati statement..A CORPORATE doesnt rely on its projects depending on govt(but the other way around)

akash.g · 01-12-11

I have recently purchased jaypee kassia apartment.. It is on the first floor..
I got it at a price of 3300 BSP minus broker's discount and Race tickets for the whole year..
It seems to be a good investment if the cricket stadium, night safari and the KMP expressway starts as promised by the authorities...

Your views are welcome.. what are the expected appreciations in the long term 3-5yrs time..

Regards

AKash

deepak82_mca · 01-12-11

Dear friends, I do not want to discourage any of you who already invested in any of Jaypee project but builders like Jaypee, Supertech & whole bunch of others are extremely responsible for ruining Indian property market. They keep launching new projects every second day & constructions not even started on half of their sites. I see people like us loosing their hard earned money saved for affordable housing when this property bubble bursts which seems very near now, considering the rough patch Indian economy going through. GDP gone down to its 2 year low, rupee value down to almost 3 years, these are all indications of 2012 being real tough for us Indians.

Again sorry in advance if you find my comments not being positive but I have my own reasons as unable to find a decent 3BHK under 40 lacs to LIVE ( not for resale or investment).

Agastya07 · 01-12-11

Quote:

Originally Posted by akash.g

I have recently purchased jaypee kassia apartment.. It is on the first floor..
I got it at a price of 3300 BSP minus broker's discount and Race tickets for the whole year..
It seems to be a good investment if the cricket stadium, night safari and the KMP expressway starts as promised by the authorities...

Your views are welcome.. what are the expected appreciations in the long term 3-5yrs time..

Regards

AKash

In this price You can get jaypee project on Noida Express way. What is the total cost of your apartment? and when will it be delivered to you.

akash.g · 01-12-11

I got a price of 3,300(inclduing PLC for first floor) minus 4%.. Other charges are 233.. Car parking and club membership adds to another 300,000..
So its almost Rs 3400 plus 300,000.

They are giving a split AC in every room.. Wooden flooring and a modular kitchen too..

Possession is scheduled for 3.5yrs.. lets see whats the progress..

anshkapoor · 28-12-11

Quote:

Originally Posted by akash.g

I got a price of 3,300(inclduing PLC for first floor) minus 4%.. Other charges are 233.. Car parking and club membership adds to another 300,000..
So its almost Rs 3400 plus 300,000.

They are giving a split AC in every room.. Wooden flooring and a modular kitchen too..

Possession is scheduled for 3.5yrs.. lets see whats the progress..

Hi Akash.. i heard that kassia is available in resale at 3000 psft.. did u check out resale options or u directly booked it from builder? what are the appreciation gains u r expecting in 2-3 years?

rc0878 · 06-01-12

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

21-11-10	#1
Lokesh_g New Member Join Date: Nov 2010 Posts: 13 Thanks: 0 Thanked 0 Times in 0 Posts	Jaypee Sports City Kassia Jaypee Greens has announced the launch of Kassia Sports City-Personal Suite located along Yamuna Expressway in Greater Noida. The project is located in Jaypee Greens Kassia Sports City in close proximity to the upcoming Formula One Racing Circuit. It will also be close to boulevard style roads. Guys , what do you think about this project ..Please advise is it worth to invest ?

01-12-11	#5
akash.g Senior Member Join Date: Nov 2011 Location: New Delhi Posts: 900 My Mood: Thanks: 209 Thanked 134 Times in 103 Posts	Owner of Kassia I have recently purchased jaypee kassia apartment.. It is on the first floor.. I got it at a price of 3300 BSP minus broker's discount and Race tickets for the whole year.. It seems to be a good investment if the cricket stadium, night safari and the KMP expressway starts as promised by the authorities... Your views are welcome.. what are the expected appreciations in the long term 3-5yrs time.. Regards AKash

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05-03-11	#3
MANOJa Moderator Join Date: Jul 2010 Location: Shimla Posts: 15,710 My Mood: Thanks: 581 Thanked 1,171 Times in 885 Posts	Yes, i agree & thanks for the contribution .

09-03-11	#4
maseyirfan New Member Join Date: Dec 2010 Location: Delhi/NCR Posts: 3 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	No jaypee projects are worth to invest untill they will not increase pace of construction. Lot of risk with jaypee. If mayawati loss election then investment in jaypee will be completely risky jaypee brand completely lost when they entered into resedential project No management and control Brand name can save you only maximum up to 2 to 3 years but if they will not increase pace of construction then jaypee will be completely collapse FAIRLY HARSH STATEMENTS for someone who hasnt dealt with Jaypee..& also..about the mayawati statement..A CORPORATE doesnt rely on its projects depending on govt(but the other way around)

01-12-11	#6
deepak82_mca Member Join Date: Nov 2011 Location: Basingstoke, United Kingdom RG215TT. Posts: 105 Thanks: 24 Thanked 18 Times in 17 Posts	Dear friends, I do not want to discourage any of you who already invested in any of Jaypee project but builders like Jaypee, Supertech & whole bunch of others are extremely responsible for ruining Indian property market. They keep launching new projects every second day & constructions not even started on half of their sites. I see people like us loosing their hard earned money saved for affordable housing when this property bubble bursts which seems very near now, considering the rough patch Indian economy going through. GDP gone down to its 2 year low, rupee value down to almost 3 years, these are all indications of 2012 being real tough for us Indians. Again sorry in advance if you find my comments not being positive but I have my own reasons as unable to find a decent 3BHK under 40 lacs to LIVE ( not for resale or investment).

06-01-12	#10
rc0878 Member Join Date: Dec 2011 Posts: 62 Thanks: 21 Thanked 7 Times in 6 Posts	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