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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 aabansal View Post
    i understand ur apathy...but if interest amount remains unpaid for a long time it is bound to attract additional interest...even banks do that..if you dont pay emi for 6 months..they add interest to your outstanding every month and charge further interest on entire outstanding..
    Apathy??????????? Really???

    Banks do that because they specifically provide it under the agreement. Please check any banking credit facility document that you have signed and in the interest clause, search for words, "with monthly rest" or with "quarterly rest". Please find me which clause in Jaypee agreement provides that.

    Also, builder charging interest is in the nature of penalty. It is not in the nature of cost of funding which bank charge from their customers. interest on interest is permitted when the interest in the first instance is capitalized. penal interest cannot be capitalized as per law, and therefore there is no question of charging interest on penal interest. So your parallel is wrong.

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    • Re : Jaypee Greens Wishtown, Noida

      Sonu, I created a chain mail where i documented verbal assurance for waiver of Interest for almost an year. I just kept replying back on the same chain mail in spite of no responses. I had the receipt for on time payment done by me but HDFC had not disbursed payment to JP due to issues between the two for which i was not responsible. Do you have the receipt???

      If You have the receipt of on time payment your job is done... get your interest waived. Escalate to the top boss, insist on speaking to someone senior, or go the accounts team directly, bypass CRC. the accounts office is on the left in front of the ATM if you go straight from the main gate instead of walking to the right for the sales office.

      If you don't have receipt of on time payment then unfortunately Jaypee or any builder will not waive off the interest.

      Best of luck for getting your interest waived Mate.

      Originally posted by MeinSonu View Post
      My friend if you really want to help please tell me whom to talk to in Jaypee office.

      if you think that I did not spend hours at Jaypee office asking them to explain to me my statement of account, I think you are reaching to an unfair conclusion, and I have no idea how you are reaching it. So in a way your comment is not helping at all.

      So far, the experience of dealing with personnel at Jaypee office has been awful. May be you could really help and guide me to some sane and intelligent official, who've got a bit of understanding.

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      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by Aviral79 View Post
        Sonu, I created a chain mail where i documented verbal assurance for waiver of Interest for almost an year. I just kept replying back on the same chain mail in spite of no responses. I had the receipt for on time payment done by me but HDFC had not disbursed payment to JP due to issues between the two for which i was not responsible. Do you have the receipt???

        If You have the receipt of on time payment your job is done... get your interest waived. Escalate to the top boss, insist on speaking to someone senior, or go the accounts team directly, bypass CRC. the accounts office is on the left in front of the ATM if you go straight from the main gate instead of walking to the right for the sales office.

        If you don't have receipt of on time payment then unfortunately Jaypee or any builder will not waive off the interest.

        Best of luck for getting your interest waived Mate.
        Bhai I think there seems to be some miscommunication from my side. Apologies. I have mentioned that I pursued this issue for almost a year, while interest kept on mounting in my statement of account. Then I received a call from my channel partner that if I give them in writing that I will not claim default interest in case of delay of project, they will waive off the interest. That kept me thinking and in order to protect my interest, I paid off the interest "under protest". I simultaneously gave a letter that the payment is under protest.

        So question of waiver do not arise. The reason I asked you that if you know someone in Jaypee is just that if someone is willing to listen to reason, I won't have to take the legal course.

        Boss one thing which is clear is that there is nothing called policy that exists. They are businessmen and they protect their interest. You have to protect your interest with whatever little means that you have. Which I think is fair.

        The context of my post was someone else's post who's got similar issue with jaypee, for some reason, it became advise me kind of a post.

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        • Re : Jaypee Greens Wishtown, Noida

          SP Tulsian of sptulsian.com told CNBC-TV18, "I am taking a very positive view on Jaiprakash Associates for the simple reason that the company has been stuck on its huge debt of about Rs 58,000-60,000 crore and that has been bothering the market a lot. So, the process of asset monetisation will start and probably then people will start talking of the Jaiprakash Power 's assets monetisation which they have also indicated to the extent of about may be Rs 10,000 crore or so. The reason is beacuse this time it will be about Rs 4,000 crore, but the next process can be little higher." "So, taking that into consideration overall the view remains positive, but people are again taking little negative view on the Ultratech Cement because if that is acquired obviously it will be putting pressure on the margin in the near term. As such the cement stocks are not ruling quite well," he said.

          SP Tulsian positive on Jaiprakash Associates - CNBC-TV18

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          • Re : Jaypee Greens Wishtown, Noida

            JP Stocks back with a boom -

            Jaiprakash Associates Stock Price, Share Price, Live BSE/NSE, Jaiprakash Associates Bids Offers. Buy/Sell Jaiprakash Associates news & tips, & F&O Quotes

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            • Re : Jaypee Greens Wishtown, Noida

              Dear firends
              Looking to sell my 3bhk non golf facing apartment in pavilion court
              can you share some good broker contact details who is doing this job because I dont know who to go through
              thanks in advance

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              • Re : Jaypee Greens Wishtown, Noida

                Jaypee Hospital add in today's newspaper 9/11

                The township part of wish town is gaining some ground...
                Attached Files

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                • Re : Jaypee Greens Wishtown, Noida

                  they floated this a year also but looks like time to start now

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                  • Re : Jaypee Greens Wishtown, Noida

                    jaypee has gained more than 50% from the lows of 28 witnessed last month...markets realizing they overdid the correction

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                    • Re : Jaypee Greens Wishtown, Noida

                      Operational by the "end of 2013" is a good news....

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