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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 Venkytalks View Post
    This is true.

    But please note that court case will be against govt. To enforce laws.

    Not against JP
    Without making JP party to the case - how one can expect relief from JP. We know govt is in pocket of JP.

    We have to make Both JP as well as Noida Authority party to the case .. just in the case of Supertech Emerald and DLF.

    Comment


    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by Shaurya29 View Post
      Venkat,

      Will you be just giving threat to JP of Legal action for now. Legal action makes sense only after possession. If you pursue case before possession then you are looking at just harassment and nothing else ... Supertech Emerald and DLF owners could pursue case with peace of mind only after possession. After builders have to loose. We should send legal notice to JP explaining that if they they increase illegal (because UP apartement act provisions were not followed here) super area increase -- They will taken to court with full force. Penalty clause should also be enforced in this way.
      Jaypee must have paid a sum to get higher far that was issued to all noida builders by authority. You can do that filing a rti to noida authority.

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        Just trying to put some numbers together....Venky and Others may have better view on this.

        As of Sep/Nov13 (as per Jaypee Presentation available on website)
        http://jaypeeinfratech.com/jp%20infr...ion-Nov-13.pdf

        Data On Jaypee Infratech

        Total Launched (in mn SQFT): 59.3
        Total Sold (in mn SQFT): 54.2

        Net Sales Value: 18624 Crores
        Advances Received: 12626 Cores

        (This sales values does not include the Bulk Land Parcels sold): Which are 1500 crores from Gaur (Gaur City), 380 crores for Oh my God + Ajnara + others

        So if we put this all together (assuming some 2500 crores for Bulk land sale)

        Net Sales Value: 18624 + 2500 = 21124 Crores
        Advances Received: 12626 Cores + 2500 = 15126 Crores

        As per presentation available on Jaypee Websites...the company used around 4500 crores of Advances on Yamunna Expressway. Rest should have been used for Residential constructions..

        As there is NO Land Cost to Jaypee...Do you think, 10000 crores spent on Jaypee Wishtown Noida + Aman. And still some 5000+ Crores yet to be received from Buyers.


        For development of 59.3mn SQFT....going by Average Rs.2000 per sqft (across wishtown+aman)...you need 12000 crore

        This number is less than what we already paid to Jaypee (as Advances)....There is still money to be received by Jaypee


        Is the money being siphoned?

        Is this clear case of inefficiency?

        OR are they spending our money on Hospital, Corp Office + Other Businesses?

        Are we paying for just Debt Interest across level?

        Really confused

        Comment


        • Re : Jaypee Greens Wishtown, Noida

          The continuous pressure on Noida builders by consumers is a must so that they are on their toes and don't take consumers for granted. However the laws may be in favor of the builders. Changes will take time.

          The silver lining currently in Jaypee Greens is only for the new enduser/investors. The price is very sensible and much undervalued due to various issues.

          People can find many good deals which ordinarily would be impossible to get.

          So again two sides of the same coin........someone's tragedy is other person's opportunity.

          Jaypee greens mein sale lagi hui hai......steal deal utha sakte ho to uthao lo.

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            Money paid by investors is being used to repay debt, build F1 circuits, throw parties and of course it is a highly inefficient group. The only good thing about them is they are maintaining decent quality of construction in some projects such as Orchard, Kube, Kalypso and Imperial Court. Instead of wasting time on F1 and parties JP needs to concentrate on Wishtown which can be the best township in India if implemented properly. It is in JP's own interest to do so as they will be managing the project for ever and getting monthly maintenance fee from end users. Also, they have some more land bank in WT which will sell at a higher price if JP shows commitment to existing projects.

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by bittu_singh View Post
              Just trying to put some numbers together....Venky and Others may have better view on this.

              As of Sep/Nov13 (as per Jaypee Presentation available on website)
              http://jaypeeinfratech.com/jp%20infr...ion-Nov-13.pdf

              Data On Jaypee Infratech

              Total Launched (in mn SQFT): 59.3
              Total Sold (in mn SQFT): 54.2

              Net Sales Value: 18624 Crores
              Advances Received: 12626 Cores

              (This sales values does not include the Bulk Land Parcels sold): Which are 1500 crores from Gaur (Gaur City), 380 crores for Oh my God + Ajnara + others

              So if we put this all together (assuming some 2500 crores for Bulk land sale)

              Net Sales Value: 18624 + 2500 = 21124 Crores
              Advances Received: 12626 Cores + 2500 = 15126 Crores

              As per presentation available on Jaypee Websites...the company used around 4500 crores of Advances on Yamunna Expressway. Rest should have been used for Residential constructions..

              As there is NO Land Cost to Jaypee...Do you think, 10000 crores spent on Jaypee Wishtown Noida + Aman. And still some 5000+ Crores yet to be received from Buyers.


              For development of 59.3mn SQFT....going by Average Rs.2000 per sqft (across wishtown+aman)...you need 12000 crore

              This number is less than what we already paid to Jaypee (as Advances)....There is still money to be received by Jaypee


              Is the money being siphoned?

              Is this clear case of inefficiency?

              OR are they spending our money on Hospital, Corp Office + Other Businesses?

              Are we paying for just Debt Interest across level?

              Really confused
              The quarter revenue is more than the life time revenue of 3c+ats. Haha.....

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by bittu_singh View Post
                Just trying to put some numbers together....Venky and Others may have better view on this.

                As of Sep/Nov13 (as per Jaypee Presentation available on website)
                http://jaypeeinfratech.com/jp%20infr...ion-Nov-13.pdf

                Data On Jaypee Infratech

                Total Launched (in mn SQFT): 59.3
                Total Sold (in mn SQFT): 54.2

                Net Sales Value: 18624 Crores
                Advances Received: 12626 Cores

                (This sales values does not include the Bulk Land Parcels sold): Which are 1500 crores from Gaur (Gaur City), 380 crores for Oh my God + Ajnara + others

                So if we put this all together (assuming some 2500 crores for Bulk land sale)

                Net Sales Value: 18624 + 2500 = 21124 Crores
                Advances Received: 12626 Cores + 2500 = 15126 Crores

                As per presentation available on Jaypee Websites...the company used around 4500 crores of Advances on Yamunna Expressway. Rest should have been used for Residential constructions..

                As there is NO Land Cost to Jaypee...Do you think, 10000 crores spent on Jaypee Wishtown Noida + Aman. And still some 5000+ Crores yet to be received from Buyers.


                For development of 59.3mn SQFT....going by Average Rs.2000 per sqft (across wishtown+aman)...you need 12000 crore

                This number is less than what we already paid to Jaypee (as Advances)....There is still money to be received by Jaypee


                Is the money being siphoned?

                Is this clear case of inefficiency?

                OR are they spending our money on Hospital, Corp Office + Other Businesses?

                Are we paying for just Debt Interest across level?

                Really confused
                One thing missing is money paid to bsp & sp govt, bribes to so many officials.

                Boycott noida RE for 6 months, currently builders/developers r desperate for money.
                Don't buy any property even if someone offer u at Rs 1/psf.
                they r taking adavantage of greedy buyers by offering schemes like buy 1 get 1 free, 30-70 plans and so on.

                Comment


                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by bombayre View Post
                  One thing missing is money paid to bsp & sp govt, bribes to so many officials.

                  Boycott noida RE for 6 months, currently builders/developers r desperate for money.
                  Don't buy any property even if someone offer u at Rs 1/psf.
                  they r taking adavantage of greedy buyers by offering schemes like buy 1 get 1 free, 30-70 plans and so on.
                  Intelligent investors will find great deals now and enter.

                  Remember.....Be greedy when others are fearful and be fearful when others are greedy.

                  Comment


                  • Re : Jaypee Greens Wishtown, Noida

                    Not exactly the way anyone wanted the meeting to end; now Jaypee would have got some idea what they are going to face.

                    Here in the photo below you can see li'l Gaur trying to put all his wisdom to use


                    Watch the video below:

                    https://www.youtube.com/watch?v=nSMfxYT69JA#t=23

                    Going to put the video links in JPInfra forum at MoneyControl Message Board. Let's see how the buyers react to this Monday morning.

                    Here is full report about the 30th August protest at Jaypee Wishtown: Black rage at the Jaypee Infratech homeowner
                    Last edited August 31 2014, 09:57 PM.

                    Comment


                    • Re : Jaypee Greens Wishtown, Noida

                      Interesting to see the cop standing with Gaur, it is symbolic of power of JP who are almost like the Sarkar in Noida & Greater Noida. SP ke prashashan mein yeh haal hai ( supposedly against JP ) toh BSP/BJP mein toh they will be the kings of UP and Noida again ! These guys have so much political clout and maybe influence in judiciary too. It is good to see common people using media and social media to counter them. But, I think JP management wont awaken from its slumber yet. They need a far bigger push. Good beginning though from consumers

                      Comment

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