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Kensington Boulevard, Jaypee Greens, Sector 131, Noida

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Kensington Boulevard, Jaypee Greens, Sector 131, Noida

Last updated: April 1 2017
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  • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

    Guys,

    Has anyone received any letter from Jaypee for the KPA possession dates, I am yet to receive anything...

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    • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

      Also if someone recently visted the site, than please update the construction progress of KPA..

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      • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

        I was in Noida Expressway today and visited many projects

        Jaypee is totally screwing up the wishtown....construction is SUPER SLOW

        Its sad to see such a good project in such a bad shape

        I posed as a Customer and I got a Ready offer on table within 30 mins of negotiation...of 4500 BSP For a 4 Bhk flat, Floor Less than 10th
        floor

        So I guess BSP in range of 4300-4500 is the market rate for this project

        But its in SAD STATE....and I dont think this project can be ready BEFORE 2018-19

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        • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

          Originally posted by zohaib2012 View Post
          I was in Noida Expressway today and visited many projects

          Jaypee is totally screwing up the wishtown....construction is SUPER SLOW

          Its sad to see such a good project in such a bad shape

          I posed as a Customer and I got a Ready offer on table within 30 mins of negotiation...of 4500 BSP For a 4 Bhk flat, Floor Less than 10th
          floor

          So I guess BSP in range of 4300-4500 is the market rate for this project

          But its in SAD STATE....and I dont think this project can be ready BEFORE 2018-19
          Did you get this rate directly from Jaypee??? I thought the project was sold out.. Are there 3 BHK also available? This is breaking news... all the deals that im getting in market are around 4600-4700.

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          • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

            Trust me guyz.. Jaypee would give handsome return.... Just wait and watch.. When people start saying exit.. Means hold it tightly.... Mark my words.. Sell only if you need money urgently.. coming days Jaypee Properties going to give handsome return....

            Again.. Do not sell your Jaypee property... In Next 1 or 1.5 year you will see trend changing..

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            • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

              Jaypee IF WANTS...can change the whole scenario in 5-6 Months....

              The location is BEST on Noida expressway of Wishtows (GC Side)

              When I say Jaypee Wishtown...I ONLY TALK ABOUT GC Side....Non GC Side is a BIG NO For me....

              Jaypee township has ALL THE INGREDIENTS RIGHT to make it the BEST in noida...and One of best in NCR

              BUT ....BUT.....BUT.....

              ONLY IF....ONLY IF....ONLY IF....Jaypee WANTS


              In 2012 I adviced Manyof my Investors to EXIT NOIDA....and Reinvest somewhere else......Many were invested in Jaypee at that point of time.....

              NOW...

              They thank me....

              as they have made MORE in putting their money in FDs

              And If they want they can RE-BUY In jaypee and infact get bigger than their previous flat


              MY SUGGESTION.......COME BACK TO NOIDA...BE IT ANY BUILDER ...ANY PROJECT.....WHEN THE PROJECT IS JUST 2-3 MOTHS FROM GIVING POSSESSION......THE LAST SET OF INVESTORS MAKE AN EXIT THAT TIME....THEY DONT WANT TO REGISTER THEIR PROPERTY....

              Jaypee is turning out to be a headache.....as simple as that.....

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              • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

                I saw the site yesterday. Labour deployed in the towers is tooooo less compared to the work left. Most of this little labour on this site was in towers where roof shaft has not been put. Tried clicking some pictures but was stopped by a man on the site who said he represents jaypee and not from any contractor. Asked him for updates on the project and this is what his PoV
                1. Excavation for kba and orchards started together. Progress is to be seen . Kba has given fastest construction in wish town
                2. Ahluwalia, comp, and bl goyal are the 3 contractors for this project. Ahluwalia has the highest number of towers. About 11 out of the 22. Comp has towers 15-18 and the rest with goyal.
                3. Jaypee has not given any orders to slow down the work at least in kba right now. Contractors have overachieved the construction target. This guy was even expecting his performance bonus to come shortly
                4. Some towers have started plaster work and door frames, shuttering job etc
                5. Possession will be given in 1.5 years from today

                I then went to the site office to meet a direct sales representative. Luckily I found a friend working for jaypee and asked for his PoV. His views were:
                1. No property in noida and g noida like wt when completed but there is a huge 'when' attached
                2. Would not invest his own money in jaypee.
                3. Company has debt problem but is trying to reduce it. Salary comes every month unlike unitech but is coming later than usual
                4. Company did well in jaiprakash gaur days but the third generation comprises of many cousin sisters and brothers. Everyone wants decision making power and this leads to conflicts within the management. No unity in Management
                5. Construction is slow as jaypee gives headaches to contractors in giving payment. Some contractors have struggled to take payments of as low as 1 crore from jaypee for 1-2 years
                6. L and t is out of kube coz of payment issues and is only working on few towers in orchards

                All in all he advised me not to invest here coz of the risk

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                • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

                  Jaypee is NOT AT ALL RECOMMENDED for Buying Right Now.....Untill unless you are willing to wait for AT LEAST 5 - 6 Years

                  Jaypee cannot even guarantee a Complete Project even when its 98% complete !!!
                  Pavillion buyers will vouch for that

                  Jaypee IS AN INVESTOR DRIVEN COMPANY LIKE 3C.....AND IS FULL OF INVESTORS....ITS FULL OF INVESTORS

                  Many exitted ...BUT MANY ARE STILL THERE.....and they will make an Exit BEFORE REGISTRY

                  So Dont worry about Inventory....

                  BUY IN JAYPEE ONLY WHEN ITS ALMOST READY FOR POSSESSION and final touches are going on......

                  Investors will make an exit that time

                  Jaypee is a big project and WILL NOT BE FULLY READY BEFORE 10-12 YEARS

                  A project which IS FULLY COMPLETING will always get max premium

                  ATS Hamlet, PRP are examples.

                  In any project which has construction going on...WILL NOT GET MAX. PREMIUM

                  Even if KB is ready....there will be lot of construction going around it.....so it WONT be in Great demand

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                  • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

                    Has jaypee increased the super area for flats in KBA? Price list on their website says 3BHK size 1740. Can anyone confirm this? I wanted to buy the 1420 size but that doesnt show on the price list.

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                    • Re : Kensington Boulevard, Jaypee Greens, Sector 131, Noida

                      JP has written letters to Kensington Bulevard allottees that the possession will be delivered in Nov.2016. This means a delay of 3 years. this delay will mean 36% INTEREST ON BANK LOANS in addition to other repercussions. Aren't they obliged to compensate this loss.

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