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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: 3 days ago
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  • Re : Jaypee Greens Wishtown, Noida

    Vishtown , why spread rumors?
    Its really big and with swimming pool in pavilion.
    You didn't answer the questions that I put up.
    You are yet to share your tower number and real name with the forum.
    Its doubtful for us if you are an outsider or a genuine end user.
    Last edited February 28 2015, 03:50 PM.
    "Jab naash manuj per chata hai pehle vivek mar jaata hai"

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    • Re : Jaypee Greens Wishtown, Noida

      What BSP did you buy at ?

      Sent from my Nexus 5 using Indian Real Estate Forum mobile app

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      • Re : Jaypee Greens Wishtown, Noida

        http://businesswireindia.com/news/ne...holiday-/42797

        Company : Jaypee Infratech Ltd
        Thursday, February 26, 2015 4:00PM IST (10:30AM GMT)

        (NSE:JPINFRATEC)(BSE:533207)

        Jaypee Infratech Ltd gets Interim Relief in Regaining 10-Year Tax Holiday for its Yamuna Expressway Project
        New Delhi, Delhi, India

        Jaypee Infratech Ltd, one of India’s leading real estate developers, was recently granted a relief by the Income Tax Appellate Tribunal in a case related to tax holiday granted by Govt. of Uttar Pradesh to the company for the Yamuna Expressway Project. ITAT decided against an earlier order by Higher Income Tax Authorities which had observed arrears in adjudication of a tax holiday of 10-years awarded to the Company.

        Jaypee Infratech developed the Yamuna Expressway under the tools system through a concession agreement granted by the Govt. of Uttar Pradesh, under Section 80 I.A. of the Income Tax Act 1961, wherein a tax holiday is available for such infrastructure projects for 10 consecutive Assessment Years.

        The company claimed itself to be qualified under Section 80 I.A. of the Income Tax Act 1961, and filed the tax returns accordingly. The matter was taken up by the Income Tax Department, and the tax holiday was allowed. Thereafter, this was again scrutinized by the Higher Income Tax Authorities, which observed arrears in adjudication of the Tax Holiday and thereafter disallowed the tax holiday to the company.

        Jaypee Infratech engaged Mr Pankaj Garg, Founding Principal Consultant, Prakash Legal Advisers, a senior High Court and Supreme Court Tax Counsel to challenge the authorities’ decision. Mr Garg argued that the basis on which the tax holiday was denied by the Income Tax Authorities is not sustainable in the eyes of law.

        “The matter was contested purely on interpretation of law supported with material facts that the Yamuna Expressway is not only a toll road but also a highway wherein housing and other activities are integral part of this project. These activities started to generate revenue even before the operations of the Yamuna Expressway. This interpretation is extracted from the provisions of the Section 80 I.A. of the Income Tax Act 1961, that herein the company is entitled to a tax holiday for 10 consecutive years”said Mr Pankaj Garg, Founding Principal Consultant, Prakash Legal Advisers

        The matter was brought before the Hon’ble Income Tax Appellate Tribunal (ITAT) and Mr Pankaj Garg assisted by Mr Milind Garg, Senior Associate and other associates of the firm, succeeded in establishing a Prima Facie at the stage of the interim relief itself

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        • Re : Jaypee Greens Wishtown, Noida

          Good news for jaypee
          "Jab naash manuj per chata hai pehle vivek mar jaata hai"

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          • Re : Jaypee Greens Wishtown, Noida

            Where have u seen this big pool. Their is none.
            And stop being a JP watch dog

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            • Re : Jaypee Greens Wishtown, Noida

              I will not respond to spamming anymore, dear IREF members, there is a club with swimming pool under construction in pavilion complex, I notify the iref community to be careful with some people who are spreading rumors about wishtown, most of them act like they own something here, but they are outsiders who want to divert the buyers away from wishtown, I live in wishtown I am serving the community by trying to display facts.
              You must visit the site and see things by your own eyes.
              "Jab naash manuj per chata hai pehle vivek mar jaata hai"

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              • Re : Jaypee Greens Wishtown, Noida

                I wish if there was an anti virus software for a forum which could clean the forum and leave it alone for genuine people.
                "Jab naash manuj per chata hai pehle vivek mar jaata hai"

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                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by abhinav_2325 View Post
                  I will not respond to spamming anymore, dear IREF members, there is a club with swimming pool under construction in pavilion complex, I notify the iref community to be careful with some people who are spreading rumors about wishtown, most of them act like they own something here, but they are outsiders who want to divert the buyers away from wishtown, I live in wishtown I am serving the community by trying to display facts.
                  You must visit the site and see things by your own eyes.
                  Well said, I know the condition of Jaypee is pretty poor at the moment, but any day its a much builder than any local builder in Noida. Ignore local brokers trying hard to spread panic. Abhinav, you are doing a great job fighting rumor mongers.

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                  • Re : Jaypee Greens Wishtown, Noida

                    Thanks suavedude.
                    "Jab naash manuj per chata hai pehle vivek mar jaata hai"

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                    • Re : Jaypee Greens Wishtown, Noida

                      Golf area

                      Hi Abhinav,

                      Any idea of resale rates in the golf area(prefer facing but non facing chalega), I have apt in Kosmos but thanks to you and your amazing pictures(damn!!!), i wonder if I can get in that side of area. Max budget would be around 85L.

                      If not then we might look into Kube or Kensington area.

                      Btw, is the Golf course area restricted to PC(& premium apt's) residents?

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