What do you guys think about Jaypee Greens Wishtown - NOIDA? Is this a good time to buy? Is Wishtown a good investment?

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  • Originally Posted by kp1plotbuy
    Its not only Jaypee's condition which is worse, there are others too... however at least, JP is making efforts all around to come out of this mess.

    Some extracts:

    So, you can only call up a loan and call up the facility when the account becomes non-performing. They may be making losses. That today, so many respected companies are making losses, but that is not an adequate ground to call up the loan.

    So companies try to fight this problem by taking trade credit or other liquidity measures and only when the situation is irretrievably, it is like a patient being taken for operation. Till there is some hope that the patient can be cured with medicine, many people do not go in for the operation. Operation is the last resort, or I would say late resort. So, that is how it works, because if you colour the loan, the whole thing collapses and for a stalled business, you get much lower valuation.

    We have seen that when the company stops production, you fetch a much worse value than if you allow it to somehow survive and go along hoping that it would turnaround.

    Read more at: Crisis-hit banking sector: Who is to be blamed? - Moneycontrol.com


    It is not so hunky dory. The company has already defaulted on its commitments, the loan is in default status. They may complete some projects but it is quite difficult for them to get out of the situation without further efforts. Even the sale of cement plants and other assets is happening under duress.

    Lastly the township is to be maintained by the promoter, all common areas, roads, power lights, sewer etc. Given their precarious position expect major issues going forward.
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  • Guys again I request this thread is for RE - keep discussions limited to RE progress and issues. We have a dedicated thread discussing the company
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  • Had gone to WT today - will be going a lot more regularly now.

    Happy to see that the sports facility work has started. 2-3 courts/basketball etc - work has begun.

    PH1, 2, 3 work has def progressedhttps://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=74061

    7405974064H]H]H]H]
    Attachments:
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  • Some members here had accused me of spreading false news when all I had said was that it was quite likely the salaries of JP employees were or will start getting delayed. Here is a post from a forum member for the benefit of such gentlemen/ladies:

    https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/74219-jaypee-wishtown-noida?p=2057776#post2057776
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  • :
    Originally Posted by pkgandhi
    The member's efforts are appreciated, but he is requested not to spam all threads with pictures, unless he also wants to express a specific view based on those pictures. There is already a thread dedicated to just posting pictures.


    sir jee naaaraj nahi hone kaa,
    very sorry sir,..
    enjoy....

    lastly some families are shifted
    by diwali 5000 + guaranteed
    in every other balcony u see different coloured undergarments.
    ek doorbeen honi chahiye.
    :bab (4):
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  • Originally Posted by ARJUNPUNJABI
    FEW IMAGES wishtown

    The member's efforts are appreciated, but he is requested not to spam all threads with pictures, unless he also wants to express a specific view based on those pictures. There is already a thread dedicated to just posting pictures.
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  • Kingswood Oriental and Kalypso Court. Thanks for posting these.
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  • :
    Originally Posted by pkgandhi
    The member's efforts are appreciated, but he is requested not to spam all threads with pictures, unless he also wants to express a specific view based on those pictures. There is already a thread dedicated to just posting pictures.


    sir jee naaaraj nahi hone kaa,
    very sorry sir,..
    enjoy....

    lastly some families are shifted
    by diwali 5000 + guaranteed
    in every other balcony u see different coloured undergarments.
    ek doorbeen honi chahiye.
    :bab (4):
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  • Why is one person posting the computer generated picture (pic 2). We all are fed up with the computer generated pic ...so we chose this forumn.
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  • Originally Posted by gauravch
    Why is one person posting the computer generated picture (pic 2). We all are fed up with the computer generated pic ...so we chose this forumn.

    Hi see following pictures of same project - bilkul real - visit if you don't believe:

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=74092https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=74093https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=74094
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  • Originally Posted by gauravch
    Why is one person posting the computer generated picture (pic 2). We all are fed up with the computer generated pic ...so we chose this forumn.


    no tension pls see above pics ( original bhai ek dum jhakkass)
    bole to tension nahi lene ka
    visit karne ka bhai logo ku...
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  • :bab (59): only one word comes into the mouth WOW..
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  • Originally Posted by pkgandhi
    Some members here had accused me of spreading false news when all I had said was that it was quite likely the salaries of JP employees were or will start getting delayed. Here is a post from a forum member for the benefit of such gentlemen/ladies:

    https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/74219-jaypee-wishtown-noida?p=2057776#post2057776


    Dear Gandhiji,

    I don't have anything against you. But you using reference of a guy who just made 2 posts on this forum. That's just ridiculous.

    Facts should be backed by substantial reports, not flying rumors.
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  • Originally Posted by Bharatiya
    Dear Gandhiji,

    I don't have anything against you. But you using reference of a guy who just made 2 posts on this forum. That's just ridiculous.

    Facts should be backed by substantial reports, not flying rumors.


    It is okay to question my credibility, but why are you also questioning the credibility of the other member ?
    There are some members here who have more than 100x the number of posts you have. Does that mean your credibility is less than 1% of theirs ?

    Please be explicit in your insinuations. Are you suggesting the other member is lying ?
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  • Last Warning

    Insults/Flaming
    IREF was put together for people to come together and help each other, collaborate and discuss in a positive way – not bash on someone because you don't like their idea, or because they don't share the same views as you. We are big into the free speech idea here. So you're free to say what you think – but do it in a constructive and positive way. We encourage mature debates – discourage childish arguments. Personal attacks, insults, rudeness, racism, threats, name calling or unnecessarily inflammatory posts will NOT be tolerated. Common courtesy, politeness and respect for fellow members, along with constructive posting of opinions are essential in preventing posts from being edited and/or deleted, or having threads locked. Whilst we encourage healthy disagreement/debate, please maintain respect towards fellow members at all times.
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