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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

    Guys,

    When will wishtown become fully habited with all amenities? Can we see it fully ready by 2017?

    Thanks
    V

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    • Re : Jaypee Greens Wishtown, Noida

      2017 is very unlikely now. It all depends on how much money Jaypee is able to pump in and at what speed.

      At this moment they are facing obvious issues in their cash flow and cash generation abilities.

      If they work like 2010-2013 - WT could be 90% ready with all amenities in 2017-2018. If they work like they did in 2014 the same can only be achieved by 2020-2022.

      They just need to keep selling and cutting on expenses.

      Yesterday I got a christmas event invite. Which is exessive at the moment one feels

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by dineshsays View Post
        2017 is very unlikely now. It all depends on how much money Jaypee is able to pump in and at what speed.

        At this moment they are facing obvious issues in their cash flow and cash generation abilities.

        If they work like 2010-2013 - WT could be 90% ready with all amenities in 2017-2018. If they work like they did in 2014 the same can only be achieved by 2020-2022.

        They just need to keep selling and cutting on expenses.

        Yesterday I got a christmas event invite. Which is exessive at the moment one feels
        I highly doubt JP surviving till 2017-2018 (forget about 2020-2022) with this state of affairs ...
        most of investors and end users are trapped - they can't do anything now .... I have CLP plan and i have not paid them for last couple of years .... Every person who is dealing with JP going to be super critical and extra-cautious ... this does not bode well ... credit won't be coming easy for JP ... they are another Kingfishdr in making .... They have not been able to dispose off their assets, lately. Only hope is that interest rate cycle turns quickly and provide some breathing space to JP. Even if, JP comes back ... no investor or end user going to be the winner.

        Comment


        • Re : Jaypee Greens Wishtown, Noida

          Yes bro - but I do think assets hold they key. Unlike kingfisher jaypee has a HUGE number of assets...a number of them liquid. I was doing a small research into this. Will share with group when done for feedback. Everything depends on a few things:

          - Interest rates - huge point. We are at 0 pct inflation (even if temporary because of fuel cool off) - just no point in keep rates this high.

          - ego - right balance between asset pricing for sales vs the interest outflow you will continue and the lack of cash flow and hence bad name you will earn. A solid base of a small company growing organically is much better than a large conglomerate which is debt ridden

          - business focus - its all about core competance and identifying what you are good at - all these F1s and hospitals etc are nothing but misadventures. Grow vertically and not horizontally

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by dineshsays View Post
            Yes bro - but I do think assets hold they key. Unlike kingfisher jaypee has a HUGE number of assets...a number of them liquid. I was doing a small research into this. Will share with group when done for feedback. Everything depends on a few things:

            - Interest rates - huge point. We are at 0 pct inflation (even if temporary because of fuel cool off) - just no point in keep rates this high.

            - ego - right balance between asset pricing for sales vs the interest outflow you will continue and the lack of cash flow and hence bad name you will earn. A solid base of a small company growing organically is much better than a large conglomerate which is debt ridden

            - business focus - its all about core competance and identifying what you are good at - all these F1s and hospitals etc are nothing but misadventures. Grow vertically and not horizontally
            As u r analysing their asset base

            May u give a rough estimate of assets debt ratio

            Do assets outweigh debt even by a rupee

            If u may hv any idea pls

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              I was with BOP management for a long time and still am very cordial with top management there.

              Jaypee is in a Huge MESS....When i wrote a thread.abt it....members said "dont create panic"

              i will remind everyone....that like there is a time to enter....there is a time to exit

              being emotional abt real estate is the biggest blunder

              one can do a phd abt jaypee but it doesnt matter as you are not sitting in board of directors

              exit jaypee and reinvest in safe investment of ur choice and come back when jaypee is ready....the oversupply will ensure prices will not shoot through the roof in a day

              noida investment is total waste now......every project addded is a nail in coffin..

              land parcels will keep on coming.....sez are being converted..recreational land is being converted

              exit...and come later....if u r so much interested in naveda

              Jaypee is a huge project and giving possession of few parts of it doesnt make it liveable...

              sewage, water, etc all to be handled by jaypee

              Jaypee even if does excellent progress from now....will be able to make wishtown liveable by 2020

              at its usual pace....2025

              at present pace......probably.never

              dont.be surprised if it sells even partially constructed projects to other.builders...

              also expect HIGH.maintenance charges for SURE....for any project which will begiven possession

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                Bas apki hi kami rah gayee thi zohaib bhai..apne puri kar di..Thanks for your positive attitude and comments..

                Comment


                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by dhinkachika View Post
                  As u r analysing their asset base

                  May u give a rough estimate of assets debt ratio

                  Do assets outweigh debt even by a rupee

                  If u may hv any idea pls
                  Hi Bro - its a long exercise - this is what I've been able to get (only listed the assets so far)

                  Next is putting a sale value against each. Note its not as simple as assets outweight debt. Money is also raised through operations which goes in servicing and reducing debt - but operations may also put in losses. It has to also do with liquidity of an asset (i.e. buyers available or not) - it further has to do with interest rate scenario - a good reduction can really save JPs ass.

                  NOTE PLEASE - I am not trying to justify anything, its an internal exercise that I am doing for myself - please dont make any decision using this as any base

                  REAL ESTATE TOWNSHIPS
                  Wish-Town (pending)
                  Aman (pending)
                  Greater Noida (pending)
                  Sports City (JPSI) (most)
                  YEW (Jaganpur) (most)
                  YEW (Mirzapur) (most)
                  Tappal (all)
                  Agra(most)


                  OTHER ASSETS SPORTS etc
                  F1 track
                  GC greater noida
                  main club greater noida (boomerang)
                  Sports club greater noida (atlantis)
                  GC noida
                  GC Noida
                  main club noida (boomerang)
                  main JP office sector 128
                  Jaypee cricket stadium (15% done)
                  jaypee punjab warriors ownership (IHL)


                  eWays
                  complete YEW (BOT)
                  himalyan eWay (BOT)

                  Healthcare
                  sector 128 hospital
                  128 land for hospital expansion

                  hospitality
                  Jaypee Vasant Continental
                  Jaypee Siddharth
                  Jaypee Palace Agra
                  Jaypee Greens Golf and Spa
                  Jaypee Manor Mussourie
                  Jaypee Delcourt Greater Noida

                  education including underlying RE
                  Jaypee hotel training center Agra
                  Jaypee schools (34 schools)
                  regular colleges (2)
                  University (3) - primary in sector 62/128, himachal, guna, anupshahr, rewa etc

                  Fertilizer
                  jaypee fertilizer (duncans kanpur)

                  IT
                  JIL IT (company and 4 offices)

                  POWER
                  Hydropower - Baspa (assume not sold just for time being)
                  HP - Vishnuprayag
                  HP - Karcham Wangtoo

                  Thermal - Bina (1 and 2)
                  Thermal - Nigrie
                  Thermal - Bara (1 and 2)

                  Jaypee Power grid (214 km long)

                  CEMENT
                  Jaypee Cement (29 MTPA current capacity)

                  Actual companies besides hard assets - I don’t know if we can add these as assets

                  Comment


                  • Re : Jaypee Greens Wishtown, Noida

                    More than debt, it is point of company intentions.
                    Today almost every real estate company is in huge debt. Some are relatively higher.
                    As of now, it looks as if Jaypee is trying to put their house in order and liquidating the assets, in area wherein they probably dont want to concentrate their future business, and using the funds either to revive current / futurisitc businesses "or" repay the debt as much possible.

                    Comment


                    • Re : Jaypee Greens Wishtown, Noida

                      Originally posted by dineshsays View Post
                      Hi Bro - its a long exercise - this is what I've been able to get (only listed the assets so far)

                      Next is putting a sale value against each. Note its not as simple as assets outweight debt. Money is also raised through operations which goes in servicing and reducing debt - but operations may also put in losses. It has to also do with liquidity of an asset (i.e. buyers available or not) - it further has to do with interest rate scenario - a good reduction can really save JPs ass.

                      NOTE PLEASE - I am not trying to justify anything, its an internal exercise that I am doing for myself - please dont make any decision using this as any base

                      REAL ESTATE TOWNSHIPS
                      Wish-Town (pending)
                      Aman (pending)
                      Greater Noida (pending)
                      Sports City (JPSI) (most)
                      YEW (Jaganpur) (most)
                      YEW (Mirzapur) (most)
                      Tappal (all)
                      Agra(most)


                      OTHER ASSETS SPORTS etc
                      F1 track
                      GC greater noida
                      main club greater noida (boomerang)
                      Sports club greater noida (atlantis)
                      GC noida
                      GC Noida
                      main club noida (boomerang)
                      main JP office sector 128
                      Jaypee cricket stadium (15% done)
                      jaypee punjab warriors ownership (IHL)


                      eWays
                      complete YEW (BOT)
                      himalyan eWay (BOT)

                      Healthcare
                      sector 128 hospital
                      128 land for hospital expansion

                      hospitality
                      Jaypee Vasant Continental
                      Jaypee Siddharth
                      Jaypee Palace Agra
                      Jaypee Greens Golf and Spa
                      Jaypee Manor Mussourie
                      Jaypee Delcourt Greater Noida

                      education including underlying RE
                      Jaypee hotel training center Agra
                      Jaypee schools (34 schools)
                      regular colleges (2)
                      University (3) - primary in sector 62/128, himachal, guna, anupshahr, rewa etc

                      Fertilizer
                      jaypee fertilizer (duncans kanpur)

                      IT
                      JIL IT (company and 4 offices)

                      POWER
                      Hydropower - Baspa (assume not sold just for time being)
                      HP - Vishnuprayag
                      HP - Karcham Wangtoo

                      Thermal - Bina (1 and 2)
                      Thermal - Nigrie
                      Thermal - Bara (1 and 2)

                      Jaypee Power grid (214 km long)

                      CEMENT
                      Jaypee Cement (29 MTPA current capacity)

                      Actual companies besides hard assets - I don’t know if we can add these as assets
                      Thnx for d compilation
                      But d cardinal question is "is it enuf"

                      Comment

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