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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

    So - I was going back a few years when I had made some predictions on delivery and handover of various WT - projects - I think I did this over 2 years back.

    I think on an average I was off by a year or year and a half or even two years in some cases - and considering it has only been 2 years since I made this estimate, it was quite a bit off.

    At that time I thought I had put in enough buffer - but Jaypee really is a slowpoke. In particular, I think 2013-2014 - they went back to their old ways and came to a crawl. And only now they are starting some push. If they continue this stop start approach - I am afraid one cannot make any accurate prediction whatsoever

    Anyhow, although credibility would have been lost, I am putting some fresh numbers to see if I can get it right second time round:

    1. Kalypso - END 2014 - MID 2016
    2. Imperial - END 2014 - MID 2016
    3. PC - LATE 2014 - END 2015 - though only 2-3 towers of PC are left
    4. PH - END 2014 - MID 2016
    5. GC Plots - POSSESSION ALREADY GIVEN last year. Must complete in 3 years or face fine. END 2016 (Even assuming 2 additional beyond 'fine' years) - END 2017 - appears fines haven't kicked in yet
    7. Kalisto - MID 2014 - END 2014 - AFAIK
    8. Boomerang Club - END 2014 - MID 2016 - structure has been ready for ages - but there is no focus to complete
    9. Boomerang Residency - END 2016 - - END 2018
    10. Kristal - END 2017 - MID 2019
    11. Kasablanca - END 2017 - MID 2019
    12. Augusta - MID 2014 - EARLY 2015
    13. Knight Court - END 2015 - END 2016
    14. Kube - END 2016 - END 2018 - probably the most disappointing of all
    15. Orchards - END 2016 - MID 2018 - probably the second most disappointing of all
    16. Hospital - END 2013 - 3rd Quarter 2014
    17. KP 2 Plots - Possession/registry in progress. Need to complete in 3 years time or face fine. END 2017 (Even assuming 2 additional beyond 'fine' years) - MID 2018 - all depends on fines
    18. KB - END 2015 EARLY 2017
    19. Kingswood Oriental - END 2014 EARLY 2016
    20. KP 1 Plots- Possession/registry in progress. Need to complete in 3 years time or face fine. END 2017 (Even assuming 2 additional beyond 'fine' years) - MID 2018 - all depends on fines
    21. Kensington Heights and KPA - END 2014 END 2016 - they really slowed down here
    22. Garden Isles - MID 2016 END 2018 - big disappointment so far
    23. Klassic (Main - 70% of all Klassic) - MID 2014 END 2015
    24. Klassic Shaurya - END 2015 END 2016
    25. Klassic ONGC - END 2015 END 2016
    26. Kosmos (main - 90% of all Kosmos) - MID 2014 MID 2016
    27. Kosmos (later towers - only 5-6) - END 2015 END 2016
    28. Krescent Court - MID 2016 END 2018 - KC has been thoroughly disappointing so far - one of the poorest managed projects of WT. Still there are towers at 2-3 floors
    29. Kasa Isles - END 2015 END 2016 - I would say despite the delays, Kasa has been one of WT's poster boys - really superb execution
    30. 25 Acres yet unlaunched residential - Say will be launched by 2014 and will take 6 years after that END 2020 I think I underestimated this - there is probably a 100 acres unlaunched - will be completely launched by 2018 not earlier and will be completed by 2025. There has been a pretty massive housing slowdown, besides sentiments taking a knock on account of slow delivery. Since I wrote and JP has managed just a handful of new launches
    31. 25 Acres yet unluanched commercial - Say will be launched by 2014 and will take 6 years after that END 2020 - Same story as unlaunched commerical
    32. Jaypee Public School - Operational
    33. Jaypee IIT - Operational

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    • Re : Jaypee Greens Wishtown, Noida

      Dinesh ji ,

      Thanks for giving tentative possession date of all Jp project however as per Jp nobody can estimate , can I have clarification of following two query, I have unit in Kba and GDI

      Someone posted the possession letter of Kosmos received from Jp which was launched in Dec 2009 however Kba 5 was launched after six month in June 2010 which has possession date of 2017 , why there is big gap between two project .

      My another question is about garden isle which you mention possession date of 2018, all the tower is G+38 in GDI , considering the current status of 7-8 floor of each tower , completion of structure will take another 2.5 years( one floor per month ) and after that atleast two year for finishing and plastering so it may not complete before 2020 however Jp is giving 2017 end possession date
      Last edited February 14 2015, 10:27 AM.

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        KBA is both a bigger project vs Kosmos i.e. bigger towers and second Kosmos was always a priority. With Kosmos - more people will move in far quicker - thereby giving more marketing muscle. Also keep in mind Kosmos was sold at 2.5k BSP - if they delay further they will start suffering losses as cost of material/finishing/late payment penalty will hit

        For a number of high rise WT projects - construction speed had gone up 2 floors a month - Imperial, Orchards, Kasa etc - with that in mind I think they should complete structure in 30 or so months and add 24 months for finishing will take you to early 2019.

        Now what did I suggest - end 2018 - think we add a few months to be safe

        2017 - forget it - not happening

        Comment


        • Re : Jaypee Greens Wishtown, Noida

          It is a long road ahead. Finishing is labour intensive and costs a lot and that is where it goes on for years. PV stated finishing 3 years back and it will go on for another year. Jp dream team consists of handful carpenters and plumbers they need to employ thousands but then that needs money but the cash cow stops milking more than 90% once the top floor is laid

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          • Re : Jaypee Greens Wishtown, Noida

            kasablanca, boomerang residences, tiara tower are some projects which have to be the next thing in focus.
            all are premium projects.
            "Jab naash manuj per chata hai pehle vivek mar jaata hai"

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by abhinav_2325 View Post
              kasablanca, boomerang residences, tiara tower are some projects which have to be the next thing in focus.
              all are premium projects.
              Dont mislead people....
              Let JP finish what in hand.... where they defaulted everywhere...


              For everyones information:
              L&T officially out of orchards and kube.....
              Orchards team gave good bashing.....

              We (KnightsCourt team) had a very disappointing meeting with sachin gaur who knows nothing about his business and feeded bulshit by his subortinates...
              When he faced the real picture and heat from the team... he left the meeting in between and ran away rather showing concerns for his customers...if they continue like this then days are not far when they will also behind the bars like sahara cheif...

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                God bless you brother.
                I will continue to give ankho dekha haal
                "Jab naash manuj per chata hai pehle vivek mar jaata hai"

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                • Re : Jaypee Greens Wishtown, Noida

                  They have said 40 towers . Out of that 23 towers they shared the list including kalypso pc and ph .however rest 17 they are in process of handing over to fmg. Till ngt is clear they are are forcing people to pay but sending the final demand

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                  • Re : Jaypee Greens Wishtown, Noida

                    Delivery is not builder's preference and they would drag it as long as they could.
                    Forget owners, you would find senior management more considerate towards this situation.


                    Originally posted by t_yash View Post
                    Dont mislead people....
                    Let JP finish what in hand.... where they defaulted everywhere...


                    For everyones information:
                    L&T officially out of orchards and kube.....
                    Orchards team gave good bashing.....

                    We (KnightsCourt team) had a very disappointing meeting with sachin gaur who knows nothing about his business and feeded bulshit by his subortinates...
                    When he faced the real picture and heat from the team... he left the meeting in between and ran away rather showing concerns for his customers...if they continue like this then days are not far when they will also behind the bars like sahara cheif...

                    Comment


                    • Re : Jaypee Greens Wishtown, Noida

                      Originally posted by djvjain View Post
                      Delivery is not builder's preference and they would drag it as long as they could.
                      Forget owners, you would find senior management more considerate towards this situation.
                      Yes yes - when builder is offering possession on a ready flat it is a trick and otherwise you lament him for not focussing on delivery.

                      ps - Yash - I think you are really doing fine work. Seeing KC over last few months - I doubt it will be handed over before end 2016 and there is this issue of poor interior material choices

                      Are you guys going to the national consumer court as a group - last we spoke there was some inclination to do so

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