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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: April 27 2021
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  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by Quest2012 View Post
    If we go by your point of view, Jaypee management should not be spending time and money on Pavilion heights/ Court wherein in this year atleast some towers were handed over. Additionally, though slow but spending time and money on Kaypso & Imperial Court too. All these finsihing works take more money than what they buyers will pay at possession, these guys should run away rather than trying it (even slowly)?
    Even if they want to run away, now they can't. They are doing bare minimum that is required to show to the world that they are still breathing. Internally they are shattered. The empire created by Jaiprakash ji Gaur is ruined because of poor management & lack of commitment of his son's.

    This generation of Gaur's took the business very lightly & behaved as if nobody can topple them. 5 years back, they were very nicely placed in the market. The opportunities & the assets they had (in terms of land bank etc); it could have been converted into a huge brand name in real-estate in India. But these junior Gaur's have messed - up everything. Still they are living in the same illusion & not learnt any lessons. Even today, if they put few 100 crores in Wish-town, the scenario can change in one year. But the intent is lacking. Wish-town is not in a priority for JP group now. It has become a liability for them.

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by dineshsays View Post
      12k Cr to build a track and stadium - are u kidding bro

      12k cr was what they spent on building entire YEW
      Yes, 12k cr were used to build YEW and F1 track($400MN - apx 2000 cr -$130 Mn of this money went to bernie ecclestone and lady gaga ass for f1 sponsorship). All of this money came from WT buyers ... All this was done under JP infratech ticker ... Only sector-128 land was retained by JP associates.

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      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by gareeb das View Post
        Even if they want to run away, now they can't. They are doing bare minimum that is required to show to the world that they are still breathing. Internally they are shattered. The empire created by Jaiprakash ji Gaur is ruined because of poor management & lack of commitment of his son's.

        This generation of Gaur's took the business very lightly & behaved as if nobody can topple them. 5 years back, they were very nicely placed in the market. The opportunities & the assets they had (in terms of land bank etc); it could have been converted into a huge brand name in real-estate in India. But these junior Gaur's have messed - up everything. Still they are living in the same illusion & not learnt any lessons. Even today, if they put few 100 crores in Wish-town, the scenario can change in one year. But the intent is lacking. Wish-town is not in a priority for JP group now. It has become a liability for them.
        completely agree with you , they have still not learnt the lesson and living in illusion and not hired professional to take care of business and ruining the jaypee group

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        • Re : Jaypee Greens Wishtown, Noida

          [QUOTE=mahoba;1250545]completely agree with you , they have still not learnt the lesson and living in illusion and not hired professional to take care of business and ruining the jaypee group[/QUOTE}

          Customers who got chance to meet junior Gaur's & Jaypee management guys in the customer meetings certainly have noticed that they all behave as if they are running a "grocery shop" and not a multi-billion dollar business. No professionalism in their talk, no commitment, no sincerity. The only aim use to be was just to pass 30 - 40 mins talking bull-shit & just run away. They never looked concerned for pains their customers are passing through because of them. Highly insensitive people. Not waking up even today.

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          • Re : Jaypee Greens Wishtown, Noida

            [QUOTE=gareeb das;1250583]
            Originally posted by mahoba View Post
            completely agree with you , they have still not learnt the lesson and living in illusion and not hired professional to take care of business and ruining the jaypee group[/QUOTE}

            Customers who got chance to meet junior Gaur's & Jaypee management guys in the customer meetings certainly have noticed that they all behave as if they are running a "grocery shop" and not a multi-billion dollar business. No professionalism in their talk, no commitment, no sincerity. The only aim use to be was just to pass 30 - 40 mins talking bull-shit & just run away. They never looked concerned for pains their customers are passing through because of them. Highly insensitive people. Not waking up even today.
            I must agree.

            Sachin Gaur seemed like a kid lost in deep water above his head.

            Sameer Gaur I had initially thought was Sachin Gaur's bodyguard, so coarse and uncouth was his demeanor. He is the one who built the F1 track.

            One son (forget his name - something like Pappu or Sunny or some such) runs the cement companies and is the most professional of the lot. Another is very nondescript - Pankaj or some such name.

            But Manoj Gaur the eldest son is the designated CEO and managing director and these other sons are not significant for the group as a whole - Manoj is the boss. And all this slowness and stupidity comes down on his head - he is the one who did not sell aggressively when he could have sold at double the price when debt was half of what it is today. He is a decent guy but is a lousy businessman and his stupidity has cost all the customers in wishtown very dearly.

            Sloth is one of the seven deadly sins and that has brought down this group.

            Most builders are done in by the other deadly sin of greed.

            But Jaypee is pure sloth.
            Last edited December 23 2014, 03:38 PM.
            Venky (Please read watch a or before posting)

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            • Re : Jaypee Greens Wishtown, Noida

              Sloth by convenience Venky - you didnt see sloth in YEW and F1

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              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by dineshsays View Post
                Sloth by convenience Venky - you didnt see sloth in YEW and F1
                Sloth was in NOT selling aggressively to reduce debt - when Rupee was still strong and dollar costed just 50 +.

                Even a novice like me could see that they had to sell fast. But they didnt. What a lousy businessman.

                Going for F1 instead of cricket in a country like India - sheer stupidity (unfortunately stupidity is not one of the 7 deadly sins !)
                Venky (Please read watch a or before posting)

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                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by gareeb das View Post
                  Even if they want to run away, now they can't. They are doing bare minimum that is required to show to the world that they are still breathing. Internally they are shattered. The empire created by Jaiprakash ji Gaur is ruined because of poor management & lack of commitment of his son's.
                  The sad part really is, when the cookie crumbles and finally takes out JP (hint: those following 2nd coming of global crisis in derivatives and real estate), the only losers will be the end users who invested their hard earned money. Because each of these 4-5 Gaur sons will be sitting on a huge pile of cash ready to start over again when the dust settles. That's what these crony capitalists/businessmen do. They let others take the hit for their stupidities/lies, but keep adding to their personal financial portfolio, and then start over again. It's a near foolproof game.

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                  • Re : Jaypee Greens Wishtown, Noida

                    It is too late for them to be putting money in any of the projects. There are only trying to collect as much money as possible from anywhere. If you are the owner of one of the properties with the company, then expect unnecessary demands. Most of the buyers won't pay but some would.

                    I am just waiting to see if the collapse of Jaypee would happen in Sr Gaur's lifetime or after but it is inevitable for sure.


                    Originally posted by gareeb das View Post
                    Even if they want to run away, now they can't. They are doing bare minimum that is required to show to the world that they are still breathing. Internally they are shattered. The empire created by Jaiprakash ji Gaur is ruined because of poor management & lack of commitment of his son's.

                    This generation of Gaur's took the business very lightly & behaved as if nobody can topple them. 5 years back, they were very nicely placed in the market. The opportunities & the assets they had (in terms of land bank etc); it could have been converted into a huge brand name in real-estate in India. But these junior Gaur's have messed - up everything. Still they are living in the same illusion & not learnt any lessons. Even today, if they put few 100 crores in Wish-town, the scenario can change in one year. But the intent is lacking. Wish-town is not in a priority for JP group now. It has become a liability for them.

                    Comment


                    • Re : Jaypee Greens Wishtown, Noida

                      5400 cr deal for cement plant to ultra tech capacity arnd 5MT

                      Remaining capacity 21MT
                      So going by this
                      Cement assets may b of order 25000 cr alone

                      Then s some power deal 12000 cr for 3 plants
                      Then remaining will fetch 10000 cr for power atleast

                      Then 6000 acres of land least value 30000-40000 cr

                      To paisa to hai inke paas

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