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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: August 17 2020
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  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by ankur.jain83 View Post
    Orchardman, not everything is luxury in WT, it has Kosmos and classic too. Luxury is whats trading 10K+ today. Taking this fact, even the household support should be charged a premium. Bottled water sold in WT should only be Evian. Restaurants/Clubs in WT should add Caviar in each dish they serve. Right?
    I dont know just a thought so shared......one thing is sure that Jaypee will charge higher for every element of their project.... whether is justified or not cant say right now.......example: parking rates of Emporio Mall, Select City Mall, DLF Saket and MGF Saket mall are different...cant understand why....but we still pay?

    only future demand and supply will tell how it unfolds? Anyways I never understood real estate pricing.....which still remains the most illogical subject for me.

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by orchardman View Post
      Dinesh bro....any possibility of Jaypee products getting into conspicuous products category and its demand increasing along with price increase....after all luxury is always expensive isn't it?

      certain products are not meant for the value seeking customer....are they looking at that kind of positioning for Jaypee and narrowing their customer base or are they simple greedy local builder?

      Are they so bullish on the Wish Town that they think it still has huge potential for growth and is currently undervalued.....may be so or may not?

      Some of the above questions come to my mind...so shared...cheers
      Nice try but no cigar mate - WT isn't uniformly premium to demand something like this, neither sufficiently developed. Had they done this for projects like Pebble, Boomerang etc - it may have added to the mystique but when you have Kosmos etc to the mix then - well, just smacks of typical money making tactics. Infact they even said so in the meeting I believe that they were following industry trends of 35%

      Another example I'll give you. Remember last to last year when they doubled rates - that was a similar tactic to what you say, but really misfired

      You see DLF does this with Aralias and Magnolias quite successfully - 'In the Golf Course' and they charge DOUBLE to 'Outside the GC'.

      Its just that the supply is less inside and the demand is high.

      Even before this Unitech tried premium pricing and care-all attitude with Grande - backfired.

      Its increasingly about delivery, maintenance and feedback.

      ATS (or the market around ATS) encourages premium pricing. I can still challenge anyone that JP WT GC products are better than ATS V or ATS OH - still I am not the market and ATS has a history, a brand in housing which is difficult to dislodge

      3C whatever you may say - will always be thought of as a speedy, nimble builder who largely delivers in time and with quality.

      So net net - no, if Jaypee delivers to full potential then perhaps one day - but not for the foreseeable future. Perhaps only ATS has the pulling power (Tata/Godrej elsewhere) in Noida

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      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by dineshsays View Post
        Nice try but no cigar mate - WT isn't uniformly premium to demand something like this, neither sufficiently developed. Had they done this for projects like Pebble, Boomerang etc - it may have added to the mystique but when you have Kosmos etc to the mix then - well, just smacks of typical money making tactics. Infact they even said so in the meeting I believe that they were following industry trends of 35%

        Another example I'll give you. Remember last to last year when they doubled rates - that was a similar tactic to what you say, but really misfired

        You see DLF does this with Aralias and Magnolias quite successfully - 'In the Golf Course' and they charge DOUBLE to 'Outside the GC'.

        Its just that the supply is less inside and the demand is high.

        Even before this Unitech tried premium pricing and care-all attitude with Grande - backfired.

        Its increasingly about delivery, maintenance and feedback.

        ATS (or the market around ATS) encourages premium pricing. I can still challenge anyone that JP WT GC products are better than ATS V or ATS OH - still I am not the market and ATS has a history, a brand in housing which is difficult to dislodge

        3C whatever you may say - will always be thought of as a speedy, nimble builder who largely delivers in time and with quality.

        So net net - no, if Jaypee delivers to full potential then perhaps one day - but not for the foreseeable future. Perhaps only ATS has the pulling power (Tata/Godrej elsewhere) in Noida
        Thanks for your comments....so wt do u reckon?

        time to move out of jaypee/orchards now or wait some more to see how things unfold.

        Its true that budget of most buyers who stretched themselves to get in Jaypee will be hit big time with so many added cost implications. Every one buys into a project with budget calculations in mind even if spread over 3-4 years.

        Kuch to karna padega bhai.

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        • Re : Jaypee Greens Wishtown, Noida

          Re: Jaypee Greens - Noida

          Originally posted by orchardman View Post
          Thanks for your comments....so wt do u reckon?

          time to move out of jaypee/orchards now or wait some more to see how things unfold.

          Its true that budget of most buyers who stretched themselves to get in Jaypee will be hit big time with so many added cost implications. Every one buys into a project with budget calculations in mind even if spread over 3-4 years.

          Kuch to karna padega bhai.
          Depends on what your goal was....

          Sent from my GT-I9300 using Tapatalk 2

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          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by ankur.jain83 View Post

            Orchardman, not everything is luxury in WT, it has Kosmos and classic too. Luxury is whats trading 10K+ today. Taking this fact, even the household support should be charged a premium. Bottled water sold in WT should only be Evian. Restaurants/Clubs in WT should add Caviar in each dish they serve.
            And maid should be paid double of what the maids in sector 100,110,137 would be paid...after all they would be working in Wishtown. So how can WT residents see their maids taking regular salary?
            Right?
            Orchards for sure is not luxury . Neither are most of the other names mentioned .

            The only thing luxurious about these is the price ...

            Sent from my GT-N7100 using Forum Runner

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            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by Dikraa View Post
              Orchards for sure is not luxury . Neither are most of the other names mentioned .

              The only thing luxurious about these is the price ...

              Sent from my GT-N7100 using Forum Runner
              Its still value for money premium project.....can please u suggest any other project in Noida under 6000 psqft with similar specs and location next to 18+9 hole Golf course.

              All said and done future rates will determine success of this project which is already going very strong and still lot of scope for appreciation left in Orchards.

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                Re: Jaypee Greens - Noida

                Originally posted by mayanknoida View Post
                I was at the meeting with two of my relatives who have also invested in JP. The answers to most questions were satisfactory and the atmosphere was congenial.
                It became heated at soon as the question of super area increase came up. JP has decided to increase super area by around 10% for all the older projects .The justification they gave was that the older projects have very less loading ( 20-25 %) and the industry norm is 30-35 so what they were doing was just aligning themselves with what they called was the prevalent practice that was being followed by all builders in the NCR.

                I have 2 flats in PC. One was bought in oct, 2008 in CLP (2 BR) and the second one was bought by my wife in july 2012 in 50-50 plan(2 BR). I was going through the PAL of both with a fine toothed comb last night. here are my discoveries..
                1) The oct. 2008 PAL has no mention about the possibility of super area increase during possession.
                If JP increases my super area then i'm going to fight tooth and nail. I feel i have a strong case.
                2) The oct. 2008 PAL shows 3 balcony's i.e in both bedrooms and drawing room.
                Only 2 balcony's now . So my carpet area has decreased due to one less balcony.

                The new PAL clearly states that area is expected to increase by 7-10% during possession(Mentioned in the map , look at the bottom). It also shows only 2 balcony's in the flat.
                There is no point in going to court or crying if jaypee increases area by upto 10% i.e if your PAL clearly mentions that it is a possibility. JP has you hook , line and sinker. Best is to grin and bear it , i don't think our lame government and or courts can do anything if it is clearly mentioned in the PAL.

                However if your PAL does not mention the possibility of increase, then i feel you should not buckle under pressure and be ready to fight JP. I'm ready to fight it out in court ( For my flat bought in oct, 2008) ,please join me if you are in the same boat. Anyone else here who bought in 2008 or 2009??

                I feel kasablanca and kristal won't have a increase in super area coz they already have a loading of 35%. any more would be unjustifiable. If your project has loading of around 25% then be ready for it to increase by 10%.
                if anyone has any queries , feel free to put them to me.
                I bought in 2009 and in my PAL map it's mentioned 5 to 7 percent. However in the first page it states that any amount of area can increase and that has to be paid. As per the update my flat has an increase of 18 percent. Going by the map I have a strong case but by the first page in the PAL Jaypee has a strong case as they have stated ANY. Let's see what Jaypee has to say about this first.

                Sent from my GT-I9300 using Tapatalk 2

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                • Re : Jaypee Greens Wishtown, Noida

                  Can Jaypee really increase the area in particular project depending on the BBA u signed ? I guess not, right... I mean in 2 of us bought the same 3 BR unit, how can one pay zero or 7 or 10 percent increase depending on the same project

                  End of the day it's the same project right ?

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                  • Re : Jaypee Greens Wishtown, Noida

                    Re: Jaypee Greens - Noida

                    Originally posted by mpandey78 View Post
                    I have posted the question to the customer care guy for my project inquiring about the new super area. I got a reply stating WHY increase happens but he did not mention the updated area stating that that would be SHARED at the possession time.
                    So, now I have asked him as to what did Mr Ajit Kumar SHARE with us on the 9th of March then and have copied the picture of the chart on the email.
                    Now, waiting for his reply as I am curious to see what the response would be. At least, HOPEFULLY, I get some clarification before I look at legal options.
                    I have sent two more emails to the Jaypee team and they haven't replied back. This is the first time that I have noticed a delay in response from their end. Tells me that they are avoiding such questions now. Well guess I need to continously keep sending emails and then finally send the entire trail to Mr Manoj Gaur to let him know about how his team is dealing with such queries. Not that it would matter to him as the ship sails on the order of the captain but he needs to still hear from his clients.


                    Sent from my GT-I9300 using Tapatalk 2

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                    • Re : Jaypee Greens Wishtown, Noida

                      Originally posted by dineshsays View Post
                      Nice try but no cigar mate - WT isn't uniformly premium to demand something like this, neither sufficiently developed. Had they done this for projects like Pebble, Boomerang etc - it may have added to the mystique but when you have Kosmos etc to the mix then - well, just smacks of typical money making tactics. Infact they even said so in the meeting I believe that they were following industry trends of 35%
                      Im always amazed at your ability to remain balanced in views in spite having invested so heavily in WT


                      Originally posted by dineshsays View Post
                      Perhaps only ATS has the pulling power (Tata/Godrej elsewhere) in Noida
                      so true

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