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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  • Was at the meeting in Noida yesterday. Totally useless. It was unruly and typical of Indian meetings - everybody shouting at the same time; barging on to the dais; and not letting Authority figures say anything. However, one thing came out crystal clear - Jaypee intention is not there anymore. Sameer Gaur made the same promises he made a year ago and still saying they will get the money "soon".
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  • The important thing is that JP's book net worth ( at inflated asset values) has gone from over 12k crores to under 4k crores. If it weren't for the build up of deferred tax assets, which for a bankrupt company is just accounting jugglery, it would barely be 3k crores.
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  • Originally Posted by sbajaj


    Thanks buddy

    Tum bhee lage raho ......karne se hota hai ...karogey tu hoga

    :-)

    Satya vacchan, but you are on the wrong forum. May I suggest moneycontrol ?
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  • Originally Posted by Truenity

    Satya vacchan, but you are on the wrong forum. May I suggest moneycontrol ?


    Thanks. Don't need your suggestion bro.

    I am very much on the right forum.....just like you.

    :-)
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  • Originally Posted by Truenity


    Results are here. If you think the consolidated debt last year was 100k cr, you are completely ignorant about how to read a balance sheet.

    http://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03e521ee-b113-4e9c-8d51-79cf162b0afa.pdf




    Check ur post... u cant even post correct reference of the company we r discussing
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  • Debt of jaypee power is now not reflecting in JPA debt ... this is the reason of debt reduction to 54k crore...
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  • Originally Posted by bhuwan


    Check ur post... u cant even post correct reference of the company we r discussing

    We were talking about consolidated debt of JP. It seems you have been caught. Why don't you post the results of the company you think we are discussing.
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    • bhuwan1 years ago
      So why u posted hudco document ?
  • Originally Posted by bhuwan
    Debt of jaypee power is now not reflecting in JPA debt ... this is the reason of debt reduction to 54k crore...

    Hahahaha, ek jhoot ko chipane ke liye hazaar jhooth bolne padte hain . JP power never had anywhere close to 54k crores debt. You are just clinging at straws now, and not doing a very good job :-)
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    • bhuwan1 years ago
      Fact is today before the ultratech deal debt is 54k cr...
  • Insults/Flaming
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  • I am doomed by these gaur cheaters. Booked Krescent homes in 2011 ... seems like they would never give possession.
    No resale...no refund....no swap.
    What are my options?
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  • 1. Sell at 30% loss.. and move on.
    2. Buy near RTM in pavilion in 50-50 plan ...and transfer funds from krescent to pavilion.
    3. File case in ncrdc for refund


    Depending on ur need of money / availablity of more funds ... choose whatever is best for u from above
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  • Thanks for reply @bhuwan .
    I booked @ 4k in Krescent (1680) in down payment plan.
    There are no buyers for Krescent in market .... loss is a secondary thing...a buyer has to show interest first.

    I really like the JP side of expressway, but really dismayed by the progress on my project. I really like the way Klassic and Kosmos have shaped up.

    If i were given a choice from JP to shift from Krescent to Klassic, i would in a heartbeat...but JP says that Klassic and Kosmos are sold out.

    I am thinking that maybe stay on rent in Klassic....and preserve my investment.....but this equation would work only if JP keeps their word....else I might end up with nothing.
    Though rent in klassic is very low ( i guess 12k - 15k) but with the shopping center coming up, the place would attract renters really fast.
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    • babeindwoods1 years ago
      Hi @NamoDya, I have a 1200 sq. ft 2bhk flat in Klassic heights in sector 134 for which JP have promised possession Jan-March 2018. I'm interested in selling as I have got a house in Delhi. If you are interested kindly let me know.
  • I canr really afford 3 bhk in Pavillion....near RTM is a risk i cannot take with JP.
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    • bhuwan1 years ago
      On this side of wishtown... kalypso , pavilion , imperial... go for a decent unit which is expected to be OC in next 6 months... its best bet because work is in progress on the site ... jaypee will secure funds from ultratech deal and will spend on these projects ... secure ur investment either by moving court or by moving to near RTM...
      Loss is a gurranty in ur case even if u wait 5 more yrs for delivery and do nothing..
  • Originally Posted by NamoDya
    Thanks for reply @bhuwan .
    I booked @ 4k in Krescent (1680) in down payment plan.
    There are no buyers for Krescent in market .... loss is a secondary thing...a buyer has to show interest first.

    I really like the JP side of expressway, but really dismayed by the progress on my project. I really like the way Klassic and Kosmos have shaped up.

    If i were given a choice from JP to shift from Krescent to Klassic, i would in a heartbeat...but JP says that Klassic and Kosmos are sold out.

    I am thinking that maybe stay on rent in Klassic....and preserve my investment.....but this equation would work only if JP keeps their word....else I might end up with nothing.
    Though rent in klassic is very low ( i guess 12k - 15k) but with the shopping center coming up, the place would attract renters really fast.


    There have been multiple instances of the roof falling off in Wishtown projects. This is after barely a year after handover. Imagine what it would be like when these buildings age. Why would you want to take the risk ?
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    • rkapur1 years ago
      I have not heard of any such incident in Wishtown project. It would be great if you can let me know if this holds true and in whcih society you heard this issue.
  • With due respect..wishtown is not the project with worst construction quality.

    I dont respect your Pov. So please dont engage or quote me
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