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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: 1 week ago
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  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by Venkytalks View Post
    Bank the debt is their depositors. Doesnt count.

    Others have sufficient income to cover interest cost. Not JP.

    Dinesh already explained about group debt of 60 K crore.

    JP would be top 3 or 5.

    Reliance for example has 60K crore of debt but also 60K crore of cash on balance sheet. Basically they ate keeping the cash ready to invest for last 6 plus years. They can repay debt in 1 day.

    Same with Tata. Their TCS is worth more than all their debt.

    Excluding such examples JP should be close to number 1 in debt.
    What abt the massive land bank they have .. I believe worth 150k crore ? Wont dat help .. in a crux wld they survive .. ?

    Sent from my GT-I8552 using Indian Real Estate Forum mobile app
    Last edited September 6 2014, 08:53 PM.

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    • Re : Jaypee Greens Wishtown, Noida

      If Jaypee seriously work on shaping up towers near completion, they could manage very well within the funds they are getting from bookings and later they will be getting from increased super area (surely it will come seeing they are doing right now).. it is quiet strange as why the focus is not moving on delivery realisation..
      Evenn the deamnd will rise, once people will see Jaypee is delivering...that surely shall again improve future bookings, as well as prices on Jaypee side

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      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by dragoman View Post
        What abt the massive land bank they have .. I believe worth 150k crore ? Wont dat help .. in a crux wld they survive .. ?

        Sent from my GT-I8552 using Indian Real Estate Forum mobile app
        More like 50000 crores minus cost of construction in NOIDA.

        Rest of land not good location. For distant future use
        Originally posted by Quest2012 View Post
        If Jaypee seriously work on shaping up towers near completion, they could manage very well within the funds they are getting from bookings and later they will be getting from increased super area (surely it will come seeing they are doing right now).. it is quiet strange as why the focus is not moving on delivery realisation..
        Evenn the deamnd will rise, once people will see Jaypee is delivering...that surely shall again improve future bookings, as well as prices on Jaypee side
        That is the problem. They are stupid.

        They are also not paying contractors. So work keeps stopping.

        No money.
        Venky (Please read watch a or before posting)

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        • Re : Jaypee Greens Wishtown, Noida

          Originally posted by iwonderwhen View Post
          Incredible is the word, well done.
          Guys today is the 7th. Jaypee was supposed to revert with correct possession dates today. Has anyone heard from them?

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          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by Poddarvaib View Post
            Guys today is the 7th. Jaypee was supposed to revert with correct possession dates today. Has anyone heard from them?
            I don't think jaypee will provide that. In the past they have provided many times and did not stick that timeline. Buyers of each project should get united and execute the project completion doing tie-up w/ contractor and jaypee. Imo it is the quickest way to get our home.
            Last edited September 7 2014, 11:00 AM.

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            • Re : Jaypee Greens Wishtown, Noida

              Follow up communication to JP regarding communicating possession dates to buyers of Wishtown and Aman:
              ----------------------
              Dear Sachin & Sameer,

              During 30th August meeting we signed the MoM stating that “within one week (7th September 2014), written communication will be sent to the buyers of Jaypee Wishtown & Aman for individual possession dates, which will be realistic”.
              Today is 8th September and buyers of all the project is still waiting for the communication. Please let us know the reason for non communication within agreed timeline and plan for communication.
              Enclosures:
              Scanned copy of signed MoM
              TOI coverage stating the agreed timeline for communication

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              • Re : Jaypee Greens Wishtown, Noida

                Lets all flood there Email boxes with our mails ... ! and ask this same question .. once they will get 1000 mails they only they will wake up.

                We need to keep the pressure on them !

                Dragoman

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                • Re : Jaypee Greens Wishtown, Noida

                  Instead of asking when construction is going to finish, its better to ask where did the construction money go?. If contractors are paid and there is money to finish than construction would have finished already.

                  Its not in JP's interest to delay construction as inflation increases construction cost so obviously the money meant for construction has been diverted to someplace else. If your a person who has booked a flat with JP than you deserve a right to know

                  WHERE HAS THE CONSTRUCTION MONEY GONE?

                  If you delay construction so much than the money left isn't enough to finish construction of the flat because of low booking price, diversion of profit and inflation in construction costs.

                  Courts have been involved in doing a forensic audit with Sahara,PACL,Sharda. Jaypee isnt any different if they ran off with the money meant for construction of its customer's flats. Court could possibly order Jaypee to deposit construction money in escrow and seal it off from rest of the company.
                  Last edited September 8 2014, 09:29 PM.

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                  • Re : Jaypee Greens Wishtown, Noida

                    OUR MONEY HAS GONE HERE !

                    Jaypee Hospital launches Trauma Institute - Financial Express

                    Yamuna Expressway - Wikipedia, the free encyclopedia

                    Buddh International Circuit|BIC|Indian Grand Prix|Indian GP Tickets|F1 India|Indian F1 Motor Sport|Formula 1|Jaypee Sports

                    ALL ARE LOSS MAKING Assets in short term . They badly need a better management team .

                    Dragoman

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                    • Re : Jaypee Greens Wishtown, Noida

                      I believe another addition to the above list is their new corporate office.....

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