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 ?
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  • 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
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  • 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)

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  • 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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  • 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).
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  • 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.
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  • 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..
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  • 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?
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  • 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
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  • 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..
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  • 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.
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  • any idea when is jaypee claiming to give possession.. both for phase 1 & phase 2?
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  • 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.
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  • 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
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  • Do you guys feel the departure of Mayawati will have a significant impact on Jaypee projects in sports city?? I am really sceptical..
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  • 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 .
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