Announcement

Collapse
No announcement yet.

Jaypee Greens Wishtown, Noida

Collapse
X
Collapse

Jaypee Greens Wishtown, Noida

Last updated: June 18 2021
8882 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by dineshsays View Post
    Normal practice is that banks assure a value of 1.2x at the time of mortgage (x being specific working capital) - which over time goes to 2-3-4x. I remember 1.2x being the figure for banks taking mortgage on RE assets in Jaypee many years ago - mostly land.

    General charge over ALL ASSETS of Jaypee is a new one - which I don't know about. Can you explain this??
    General charge is not worth talking about. The creditors always take it to court and the court will put you next to normal creditors as it is too vague. Basically not worth the ink it is written with but works if other creditors are small time and don't want to take you to court. This is bankruptcy situation. If you can still service your debts then it would be like normal debt owed to creditors.

    Comment


    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by MANOJa View Post
      We need text which everybody can understand .

      I have ample of reports against so many members who just fly high and their posts r maybe comprehensible to a few select gathering .

      We want language which a common man can understand . I cannot set a standard for this, but i can probably consider myself as a standard here .
      It's your call Manoja sir, but in my opinion, if the standard of comprehensibility for what is a technical topic is reduced to the lowest common denominator, then you will have threads everyone can understand, but no one finds useful.

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by pkgandhi View Post
        It's your call Manoja sir, but in my opinion, if the standard of comprehensibility for what is a technical topic is reduced to the lowest common denominator, then you will have threads everyone can understand, but no one finds useful.
        ....i am not looking to segregate threads - Threads for the elite or for the rest .

        I hope u get my point . The Forum is meant for everybody, elite, meant for middle class, lower middle class and maybe beyond that .

        Please don't consider my post specific to u what u write .

        We r looking to implement it gradually & i thought u were a good example to initiate this in the forum .
        Please read IREF rules | FAQ's

        Comment


        • Re : Jaypee Greens Wishtown, Noida

          It is a simple topic made exceedingly complicated and technical by introducing needless financial terms and angles - most of which is speculation, laced with equal doses of bashing and rumour/fear mongering and has no bearing to the actual situation on the ground or even what readers on this forum want to understand or care about.

          If at all a relevant question for this REAL ESTATE FORUM simply is will Wish town be delivered yes or no?

          If yes why, if not why not. Put in your thoughts - which is theory and conjecture to start with - then leave it to events to unfold and let people see for themselves.

          Getting turned on by financial jargon and ridiculing people for not appreciating exact nuances, going on and on about one's abilities as a doomsday predictor is a first ever I am seeing on the forum.

          Ofcourse things can be simplified if one wants to.

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            Let me make it very clear . I am not taking any sides here and i do respect all views here .

            My point is that everybody should understand what u guys r trying to say .




            Originally posted by MANOJa View Post
            ....i am not looking to segregate threads - Threads for the elite or for the rest .

            I hope u get my point . The Forum is meant for everybody, elite, meant for middle class, lower middle class and maybe beyond that .

            Please don't consider my post specific to u what u write .

            We r looking to implement it gradually & i thought u were a good example to initiate this in the forum .
            Originally posted by dineshsays View Post
            It is a simple topic made exceedingly complicated and technical by introducing needless financial terms and angles - most of which is speculation, laced with equal doses of bashing and rumour/fear mongering and has no bearing to the actual situation on the ground or even what readers on this forum want to understand or care about.

            If at all a relevant question for this REAL ESTATE FORUM simply is will Wish town be delivered yes or no?

            If yes why, if not why not. Put in your thoughts - which is theory and conjecture to start with - then leave it to events to unfold and let people see for themselves.

            Getting turned on by financial jargon and ridiculing people for not appreciating exact nuances, going on and on about one's abilities as a doomsday predictor is a first ever I am seeing on the forum.

            Ofcourse things can be simplified if one wants to.
            Originally posted by pkgandhi View Post
            It's your call Manoja sir, but in my opinion, if the standard of comprehensibility for what is a technical topic is reduced to the lowest common denominator, then you will have threads everyone can understand, but no one finds useful.
            Please read IREF rules | FAQ's

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by MANOJa View Post
              ....i am not looking to segregate threads - Threads for the elite or for the rest .

              I hope u get my point . The Forum is meant for everybody, elite, meant for middle class, lower middle class and maybe beyond that .

              Please don't consider my post specific to u what u write .

              We r looking to implement it gradually & i thought u were a good example to initiate this in the forum .
              Manoja sir, I get your point, but the distinction i see is not based on elite vs middle class vs lower middle class etc, but rather based on familiarity with technical subjects when having technical discussions.

              For example, dineshsays sir is clearly from elite class and I am not, but even he has admitted his technical knowledge about some of the topics we were discussing is limited. So, I request you not to frame the question in terms of distinction of class, when it is more a matter of using technical language vs not ( my technical knowledge in many fields is zero too and I feel it would be unfair of me to ask others not to have a technical discussion just because I can't understand it). But I do understand your point that this is a general RE forum, not one on bankruptcy law.

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by pkgandhi View Post
                Manoja sir, I get your point, but the distinction i see is not based on elite vs middle class vs lower middle class etc, but rather based on familiarity with technical subjects when having technical discussions.

                For example, dineshsays sir is clearly from elite class and I am not, but even he has admitted his technical knowledge about some of the topics we were discussing is limited. So, I request you not to frame the question in terms of distinction of class, when it is more a matter of using technical language vs not ( my technical knowledge in many fields is zero too and I feel it would be unfair of me to ask others not to have a technical discussion just because I can't understand it). But I do understand your point that this is a general RE forum, not one on bankruptcy law.
                Everybody doesn't understand these technical terms, so keep the language simple .

                I hope this is clear enough .


                ............also, i am increasingly seeing a pattern and motive in posts of some members and i sense external interests somewhere . I hope these guys get my point .
                Please read IREF rules | FAQ's

                Comment


                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by MANOJa View Post
                  Everybody doesn't understand these technical terms, so keep the language simple .

                  I hope this is clear enough .


                  ............also, i am increasingly seeing a pattern and motive in posts of some members and i sense external interests somewhere . I hope these guys get my point .
                  Manoja sir, I get the point on the use of simple language, but I don't get what you mean by patterns and motives of some members and what kind of external interests you are seeing.

                  If this is directed at me, let me clarify that I have found the archives of this forum useful, I am interested in and have investments in real estate in India and am currently in a situation where I have more free time on hand than I have had in the past and will have starting in the near future. I thrive on challenges and debates and am using part of my downtime to sharpen my understanding of RE investing in India. I noticed that forum has a large number of posters who have been trying to pump up a particular builder which seemed to be in dire straits. I took it upon myself as an intellectual challenge to unearth what the truth really was. If you have found any patterns and motives in my posts, the only interest has been to uncover the truth and post it for the benefit of the disinterested readers who may not have the analytical skills and time I currently have on hand, especially since I felt there were a lot of vested interests who are painting an overly optimistic picture, which was at odds with reality. I consider this public service in return for what I have learnt from the excellent forum archives.

                  Since you have raised the doubts in response to my posts and your opinion carries weight as a moderator, I feel the insinuation has the effect of undermining my credibility and request you to please clarify what exactly you meant. If you think I have any questionable external interests other than what I have stated above, please let me know and I will be happy to stop posting here.

                  Comment


                  • Re : Jaypee Greens Wishtown, Noida

                    Originally posted by dineshsays View Post
                    It is a simple topic made exceedingly complicated and technical by introducing needless financial terms and angles - most of which is speculation, laced with equal doses of bashing and rumour/fear mongering and has no bearing to the actual situation on the ground or even what readers on this forum want to understand or care about.

                    If at all a relevant question for this REAL ESTATE FORUM simply is will Wish town be delivered yes or no?

                    If yes why, if not why not. Put in your thoughts - which is theory and conjecture to start with - then leave it to events to unfold and let people see for themselves.

                    Getting turned on by financial jargon and ridiculing people for not appreciating exact nuances, going on and on about one's abilities as a doomsday predictor is a first ever I am seeing on the forum.

                    Ofcourse things can be simplified if one wants to.
                    I agree and would like to apologize if things got complicated. It's just that terms were being thrown around without understanding the full meaning and over complicating the situation. You cannot clarify without going into cause and effect of the situation. There are checks and balances for everything along the way.

                    Also what is written and what can be enforced are 2 different things. I can write anything on a piece of paper but I cannot always enforce it.

                    Comment


                    • Re : Jaypee Greens Wishtown, Noida

                      We are receiving reports against several members that they are a part of a group who is looking to discredit some Builders or one Builder . We are also receiving complaints against some other members who could be a part of portraying a particular Builder in positive health, despite all the problems of that particular Builder .

                      Since, we have several such complaints, we are bound to look for such lobbies and anti-lobbies and if they do exit, we need to disband them .

                      I am not looking to undermine your credibility or the credibility of anybody else . I do often read what u write and i do enjoy it, though as i said earlier, when i put on my common's man hat, most of what u post bounces off my head .

                      My motive of my referred post is very simple - If we have lobbies and anti-lobbies meant for purposes which are against the rules, i would make sure that these groups and any posts with any external motivations are taken off the forum .

                      So my quoted comment is for anybody who is a part of such lobbies and i hope that they get my point .


                      Originally posted by pkgandhi View Post
                      Manoja sir, I get the point on the use of simple language, but I don't get what you mean by patterns and motives of some members and what kind of external interests you are seeing.

                      If this is directed at me, let me clarify that I have found the archives of this forum useful, I am interested in and have investments in real estate in India and am currently in a situation where I have more free time on hand than I have had in the past and will have starting in the near future. I thrive on challenges and debates and am using part of my downtime to sharpen my understanding of RE investing in India. I noticed that forum has a large number of posters who have been trying to pump up a particular builder which seemed to be in dire straits. I took it upon myself as an intellectual challenge to unearth what the truth really was. If you have found any patterns and motives in my posts, the only interest has been to uncover the truth and post it for the benefit of the disinterested readers who may not have the analytical skills and time I currently have on hand, especially since I felt there were a lot of vested interests who are painting an overly optimistic picture, which was at odds with reality. I consider this public service in return for what I have learnt from the excellent forum archives.

                      Since you have raised the doubts in response to my posts and your opinion carries weight as a moderator, I feel the insinuation has the effect of undermining my credibility and request you to please clarify what exactly you meant. If you think I have any questionable external interests other than what I have stated above, please let me know and I will be happy to stop posting here.
                      Last edited March 11 2016, 06:49 AM.
                      Please read IREF rules | FAQ's

                      Comment

                      Tags: None
                      Have any questions or thoughts about this?
                      Working...
                      X