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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: June 18 2021
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  • Re : Jaypee Greens Wishtown, Noida

    This document is not legally binding. Let that be clear.

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by MeinSonu View Post
      This document is not legally binding. Let that be clear.
      Only if they commit something will legallly binding nature of it become an issue.

      Hopefully they will commit to some fresh dates
      Venky (Please read watch a or before posting)

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      • Re : Jaypee Greens Wishtown, Noida

        When will wish town become liveable? Will it be ready by 2018? Ready with markets, shopping, roads, free of construction activities!

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        • Re : Jaypee Greens Wishtown, Noida

          Originally posted by victor43 View Post
          When will wish town become liveable? Will it be ready by 2018? Ready with markets, shopping, roads, free of construction activities!
          If project wise tracking is done by buyers of individual project then kosomos/klassic/kasa/kba/pc/ph/kalypso/imperial of wish town could be ready by end of 2015.

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          • Re : Jaypee Greens Wishtown, Noida

            I would not include Kasa and KBA. Would rather include Kalisto. But the point is we are guessing on logical timelines i.e. a builder to work off a logical construction calender.

            If the will/intent is to delay - all predictions go for a toss.

            Jaypee - from the last year plus has no intention to finish in a 'logical' timeframe. So end 2015 can become end 2016 or whatever.

            There is nothing to go on.

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            • Re : Jaypee Greens Wishtown, Noida

              Those who want to live are already shifting to Klassic on emergency basis.

              Pavillion court i think 100 people living
              Venky (Please read watch a or before posting)

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              • Re : Jaypee Greens Wishtown, Noida

                Surprisingly, Jaypee has their name on stake which also effects prices as well as future customers.
                In case Jaypee is trying to offload their other businesses to reduce debt and focus on realy estate, than the the seriousness does not reflect in their actions.

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                • Re : Jaypee Greens Wishtown, Noida

                  Yes - but isnt that true for most builders.

                  I used to wonder about this a lot. Viz. all builders are bad...all you need to stand out are some basics - timely possession, good construction quality, good CRM, 0 to minimum Super Area increase. These are enough for your next project to be sold out in days.

                  But the conclusion is - it doesnt work like this, builders just dont think like this, they - like greedy puppies - immediately use the proceeds to 'invest' elsewhere or pay off prior debts or whatever.

                  The project ceases to become priority once sold. EVEN at the cost of reputation or future sales.

                  The buying public is still very very easily made fools off, no one remembers very long - viz by some miracle if Jaypee delivers a lot of WT, people start living the township life - trust me - ALL WILL BE FORGOTTON. The JP marketing machinery will take over, sell user accounts and lovely pictures.

                  Prospective buyers will again get tempted and the pain we all are undergoing will be forgotton

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                  • Re : Jaypee Greens Wishtown, Noida

                    Originally posted by dineshsays View Post
                    But the conclusion is - it doesnt work like this, builders just dont think like this, they - like greedy puppies - immediately use the proceeds to 'invest' elsewhere or pay off prior debts or whatever.
                    RE regulation says a special escrow a/c should be opened for each project and money collected from buyers should be deposited in that a/c. There is provision of auditing the a/c before financial yr closure. Buyers should force builder to follow this to avoid misuse/divert of the money and supervise the construction meeting with contractor on regular basis.

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                    • Re : Jaypee Greens Wishtown, Noida

                      Originally posted by rahulkumar12 View Post
                      RE regulation says a special escrow a/c should be opened for each project and money collected from buyers should be deposited in that a/c. There is provision of auditing the a/c before financial yr closure. Buyers should force builder to follow this to avoid misuse/divert of the money and supervise the construction meeting with contractor on regular basis.
                      If there is such a provision, then let our association make that as the topmost priority.

                      Get the escrow validated.

                      If it exists [emoji6]

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