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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  • JP is on recovery path now. This is where JP gambled and now it would pay off in a big way.
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  • But I read somewhere that this company will be declared bankrupt .
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  • Originally Posted by flatowner2
    But I read somewhere that this company will be declared bankrupt .


    Now the YEW landbanks become much more valueable.
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    1 Comments
    • flatowner21 years ago
      the real problem is now no big player is ready to invest money in real estate and thats why Unitech, Wave returned theor land to govt and
      these are located in priime location
  • Noida had oversupply...this was bound to happen.
    Airport would push industrial devlopment...hence more jobs and more demand for housing
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  • I have been such news stories for many years. The latest was last year :

    http://www.dailypioneer.com/todays-newspaper/decks-cleared--for-jewar-intl--airport-in-up.html

    However no one will answer the question that when Noida and Greater Noida authorities don't have money for existing projects and the CEO himself has announced putting many approved infrastructure projects on hold, where the money to buy build this unviable airport will come from- when GMR is struggling to monetize the very lucrative Delhi airport.

    The metro in Noida and Greater Noida is a reality and will be used by far more people than the hawai airport , news about which has been floated for the last 15 years to fool people. However, property prices have only fallen.

    I do hope some gullible murgas believe the story that property prices will go up because of the recycling of this approval news and I can finally sell my properties in Noida and Greater Noida, but I am highly sceptical that will happen.

    As far as JP is concerned, it no longer owns any land bank . It has all been transferred to the lenders. Even if its value does go up, it will just limit the losses they will have to take on their bad loans. JP will not benefit by a single paisa.
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  • According to this news report, site clearance has not been given
    http://m.hindustantimes.com/noida/noida-technical-issues-hold-up-site-clearance-for-jewar-airport/story-rl8h1DmgTjsrtrYpSaYJnJ.html

    In a few days, Bhiwadi airport lobby will also get good news published to fool some murgas that side of NCR.
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  • Centre gives wings to Greater Noida, clears proposal for Jewar airport
    The government has cleared a proposal for setting up a greenfield airport in Jewar in Greater Noida, which is likely to be operational in the next five to six years.

    By Anand Patel |
    June 24, 2017
    The proposal to set up a greenfield airport in Jewar in Greater Noida has finally been cleared by the government. Located in Gautam Budh Nagar district, adjoining national capital city Delhi, the airport is likely to be operational in the next five to six years.

    At a press briefing in Delhi today, Civil Aviation Minister Ashok Gajapathi Raju was quoted by PTI as saying that "in-principle clearance has been granted" for the airport. The Civil Aviation Minister said that the airport will cater to 30-35 million passengers per year over the next 10 to 15 years.

    Raju said he is happy that 3,000 hectares of land have been identified in Jewar for the international airport. "In Delhi, we are expecting 91 million passengers by 2020 and 109 million passengers by 2024," Gajapathi Raju said at the briefing.

    Also at the briefing, Minister of State Jayant Sinha told media persons that within a year, the land procurement process is expected to be completed to start the bidding process for identifying the company which will develop the airport.

    "NOIDA TO TURN INTO AEROTROPOLIS"

    "We expect that the first phase of the Airport will be operational in 5 years," Sinha said. The minister of state also said, "With a Rs 15 thousand crores of investment, Noida will turn into a aerotropolis, UP officials have confirmed us to extend the Greater Noida metro upto Jewar to provide a multi modal transport facility in the airport area."

    "Noida International Airport will provide an alternate to meet this growing demand for air connectivity in the NCR," Jayant Sinha added. The new airport will boost economic activity for export oriented cities like Moradabad and Aligarh in Western Uttar Pradesh, Sinha further added.

    Also at the briefing, Uttar Pradesh minister Siddharth Nath Singh thanked the central government for approving the setting up of the airpost in Greater Noida. "Jewar airport will be the cargo hub of the country apart from catering to domestic and international traffic," Singh was quoted as saying by news agency ANI.

    The decision to clear the proposal for the aiport was taken last evening in a meeting where the Defence Ministry said that it has no objections. The airport will help reduce congestion at the Delhi International Airport.

    UP BJP HAD WRITTEN TO CIVIL MINISTRY EARLIER

    In the past, according to Minister of State for Civil Aviation, Sinha, the current BJP state government in Uttar Pradesh had written to his ministry for a technical evaluation of the proposed site.

    The minister pointed out that there was a need to consider development of a green field airport at Jewar, since the IGI airport located here will be utilising its full passenger handling capacity in another 4-8 years time.

    Earlier, a technical evaluation of the proposed site at Jewar was conducted, but due to the time lapse there was a need to conduct a fresh study, Sinha said.


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  • Originally Posted by Truenity
    According to this news report, site clearance has not been given
    http://m.hindustantimes.com/noida/no...rYpSaYJnJ.html

    In a few days, Bhiwadi airport lobby will also get good news published to fool some murgas that side of NCR.


    Don't read old messages n live in past alws.
    In principal means site clearance given.
    Next step is for now land acquisition .
    Wings to noida n Jaypee owners......Hurray!!!!!



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  • Originally Posted by Grenoite



    Sirji Apko apni story batata hun
    Family background middle class, par apna ghar hai, Education kam hai, job ka kucch pata nahin rehta, abhi job nahin hai, lekin umeed hai kucch mil hi jygee
    I decided bar bar CV dalney se accha apni dukan kholun,, self emply mere liye best option
    Budget kam tha, very small shop ready was available, and if i have buy then sara paisa lag jata, no money for business
    I ask everywhere to guide even on this website, No one on this website help me, but bhala ho many people in running market give me excellent tips

    I finally got shoplocation of my choice, size of my choice, best rate but in under construction property (paras one33), but it good option for me as it give me 3year to make some money for business also, and no 100% pay full.

    I had try all tricks which many senior people had mention all over, but all fail, infact I lose 2-3 good options in other projects befor as good lcoation sold very fast, i dint want to lose any more chance

    I finally buy the property and like any middle class who even show off his alto to everyone, i also happy make thread and talk about my shop and property
    suddenly i see .....people coming and making fun of me, telling me what mistake i made, and some even wish me bad.....sir main pareshan ho gaya, ghabra gaya,
    I also knew under construction has some risks like any builder but i balacne with rates i got and choice, but after reading comments i got very upset

    woh to bhala ho kumar sir ka, veteran member, who gave Full facts but with Human Touch, understanding other people hope and mind also.

    Then i understood how even complete strangers on website can also make you so upset, main to samajh gaya, but sir agar kumar sir nahin samjhatey to shayad depress ho jata. Thats why i say sirji, please state facts, but do with some compession , hope is always there sirji, let people have their hope, you give facts only

    Dawai pilaney ke many ways, nurse can make angry face and force medicine in mouth, but good ones give it ...with compession and wishing best

    Ap koi hope mat do sirji, else people will call you also broker, ap pls facts batao, but aaram se, aur buyers ko best wishes keh dogey to apko bhi accha hi bolnegy sab

    kuch ghalat kaha ho to sorry sirj


    Mr Grenoite,

    Let me give you some sincere advice.

    If you get upset by reading what annoymous strangers write on a forum, please drop the idea of doing your own business. It requires a very thick skin and you will not be able to handle the rejections that all entrepreneurs inevitably have to face.

    I am not here to seek cheap popularity. I will write what I believe is right rather than what people want to hear. If you want to listen to someone peddling dreams, please go and attend a rally of your local politician.
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    2 Comments
    • Grenoite1 years ago
      Chalo sir ap khush raho, sabhya bhasha aur insaniyat to news channel main bhi nahin hoti, shayad samaj main uski value hi nahin rahi

      Main middle class admi hun sir, hamesha sikhaa, kisi ke agey apni bat rakhni ho to sachayee se lekin izzat se rakho

      Best wishes sirji, jo bhi apki niyat ho, jab tak kisi ka bura na ho
  • Originally Posted by Truenity
    I have been such news stories for many years. The latest was last year :

    http://www.dailypioneer.com/todays-newspaper/decks-cleared--for-jewar-intl--airport-in-up.html

    However no one will answer the question that when Noida and Greater Noida authorities don't have money for existing projects and the CEO himself has announced putting many approved infrastructure projects on hold, where the money to buy build this unviable airport will come from- when GMR is struggling to monetize the very lucrative Delhi airport.

    The metro in Noida and Greater Noida is a reality and will be used by far more people than the hawai airport , news about which has been floated for the last 15 years to fool people. However, property prices have only fallen.

    I do hope some gullible murgas believe the story that property prices will go up because of the recycling of this approval news and I can finally sell my properties in Noida and Greater Noida, but I am highly sceptical that will happen.

    As far as JP is concerned, it no longer owns any land bank . It has all been transferred to the lenders. Even if its value does go up, it will just limit the losses they will have to take on their bad loans. JP will not benefit by a single paisa.


    Now Jaypee doesn't have any land bank.....All have been purchased by someone having alws nightmares.☺☺☺☺☺☺




    PS: Psychological disorder can be cured if treated well in time otherwise can be fatal for u n ur family so a small advice get diagnosed early
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  • Originally Posted by priyeshhh


    when all hope ends then ppl develop suicidal tendencies.
    If u have money stuck in ncr then u better beware that u don't develop those tendencies.
    There is difference in giving gyaan n following it....U seems to me only like a this true kalyugi baba who only preaches.....That too from abroad n make money.

    Go to site n see the difference in last one month how the resource mobilisation is going at project .
    Jaypee gonna win this fight n we will too .....Inshaallah!!!!!!


    Some time ago you were giving me gyaan on trading options and calling be a broker. Now that your ignorance has been completely exposed, you are throwing new insults at me.

    I am a scientist with published papers and also an inventor, with approved patents. So, I not only give gyaan, but also follow it.
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  • Jaypee Infratech the owner for Wishtown and all Noida/YEW area case has been declared defaulter and case referred to NCLT.
    If NCLT follows procedure it will be end for Jaypee, but as we know in India everything and everyone is on sale, depends kiska jack
    kahan hai.

    So it is all luck otherwise going with the fact , NCLT is definetly a bad news.
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  • Originally Posted by priyeshhh


    Now Jaypee doesn't have any land bank.....All have been purchased by someone having alws nightmares.☺☺☺☺☺☺




    PS: Psychological disorder can be cured if treated well in time otherwise can be fatal for u n ur family so a small advice get diagnosed early

    It seems you have not been reading the news. The land bank has not been purchased, but taken over by the lenders because JP kept defaulting on loans for years.
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  • Originally Posted by Truenity

    It seems you have not been reading the news. The land bank has not been purchased, but taken over by the lenders because JP kept defaulting on loans for years.


    I read n read it fully not half.
    Land bank of Jil will be transferred to SPV doesn't mean it will taken over but a separate company will be formed simaltaneous value of debt.... If any upside in value then it will flow to Kaylee only.

    Furthur jaypee hold a very large n valuable.... I repeat very large n valuable land bank in its book which will remain with JAL.

    Now at least u partially agree with upside in Land value due to Airport(u think upside to lender me thinking upside to all lender jp n we buyers) .... N that means u starting to believe this news of airport gonna materialize soon...... Bhai u changing big time.... Good going!!!!!


    PS: Psychological disorder can be cured if treated well in time otherwise can be fatal for u n ur family so a small advice get diagnosed early
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  • Who says jaypee infratech is owner? All bills and invoices are in name of jp associates
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