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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: June 18 2021
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  • Re : Jaypee Greens Wishtown, Noida

    The interesting question is what happens if the SC does rule against JP and the lenders force JP into bankruptcy. Where exactly will the damages to be paid sit in the credit hierarchy ? Banks will obviously argue their claims are superior. Is there any precedent for a situation like this ?

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by dineshsays View Post
      Look dude - the entire context of this discussion is victory in NCDRC.

      Why would you go to State Consumer forums when you qualify for NCDRC.

      Since you have zilch knowledge in the matter - even if two or three people get together and their combined cost of homes is > 1 cr - they directly qualify to log a case in NCDRC. Very rarely in the modern Noida context will you find a case going to state commission.

      Now still if you want to nitpick - after the state commission - imagining a scenario were to exist - the builder goes to NCDRC and then to SC. So whichever way you look at it - NCDRC will only add a year or two - less looking at recent judgements

      So even this point of yours is false and inconsequential.

      Where are 12-15 years after state commission and crores of Rupees
      Mr dineshsays,

      I know it is difficult for someone narrow-minded and self-important to imagine a context outside of his immediate concerns and I have learnt you do not have the ability to deal with any kind of abstraction, so I won't indulge you and waste my time responding to your puerile insults. Let me just say that I am not at all surprised like you became an easy bakra for JP and ended up parting with his and his family's money in return for the dreams JP was selling.

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      • Re : Jaypee Greens Wishtown, Noida

        My serious advice to JP buyers would be to forget about their few thousand ruppees lawyer and approach some stalwart like Mr Jethmalani or Mr Bhushan. With luck, they might agree to fight your case pro bono. If these stalwarts are arrayed on the other side, a lawyer who is promising to fight the case for a few thousand ruppees will lose even an open and shut case.

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        • Re : Jaypee Greens Wishtown, Noida

          Originally posted by pkgandhi View Post
          Mr dineshsays,

          I know it is difficult for someone narrow-minded and self-important to imagine a context outside of his immediate concerns and I have learnt you do not have the ability to deal with any kind of abstraction, so I won't indulge you and waste my time responding to your puerile insults. Let me just say that I am not at all surprised like you became an easy bakra for JP and ended up parting with his and his family's money in return for the dreams JP was selling.
          The context is defined by the very place you are posting in - this is the NOIDA forum of IREF, I don't need to conjure up first world fantasies

          As soon as you and your points are exposed - that second you divert the topic - I have not parted my money in the manner you say - I remind you - I have the keys to the house that I purchased that I happily call home

          Bakra - again you go abusing and making personal remarks

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          • Re : Jaypee Greens Wishtown, Noida

            .I think all of us should unite and fix a day to organize a mass protest against jaypee on this issue.

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            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by pkgandhi View Post
              zohaib sir,

              Gaurs still have plenty of businesses that are not yet a flop, but they have also been smart enough to move them to separate companies that might possibly survive when the RE house of cards comes down. Unless one can prove that money was taken out of RE business illegally, JP investors will not have recourse to private assets of the Gaurs.

              As I have been saying, lawyers are going to a make a killing in the whole situation.


              Noida is certainly the best place for RE specialist lawyers to be in nowadays

              I socially know a very well know lawyer in Delhi...Akhil...he is son of Ex minister kapil sibal...and they are making a killing nowadays....he is very expensive but has a great track record....

              The buyers have THEMSELVES landed in soup.....no one to be blamed

              Its NOT that one fine day Builder was doing everythigng Great and the next day he stopped eveything.....the signs were Crystal clear for months...how things will be with many builders...

              the buyers were either lazy or simply too much involved in their egos to take notice , etc

              Anyways....Things are bad...and its not getting better....

              For End user...bigger issues will crop up once possession given...

              Maintenance money is another pie builders are eyeing....just wait and watch

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              • Re : Jaypee Greens Wishtown, Noida

                I think all of Wishtown buyers either Aman, Kosmos, Klassic or Garden isles, everyone has to assemble at one point and jam the expressway, than only governments will listen to us, we can't just rely on Gaur families promises anymore.

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                • Re : Jaypee Greens Wishtown, Noida

                  Its a good idea.
                  No use of protest.
                  Jam the noida exp way.
                  With coverage of press

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                  • Re : Jaypee Greens Wishtown, Noida

                    Originally posted by vaiby25 View Post
                    I think all of Wishtown buyers either Aman, Kosmos, Klassic or Garden isles, everyone has to assemble at one point and jam the expressway, than only governments will listen to us, we can't just rely on Gaur families promises anymore.
                    More the damage in protest, more you will be heard by Authorities. Remember Gujjar Andolan, Jat Andolan, Patel Andolan.......

                    Mate, you all may have to shed your decency and hold the city to ransom. Nobody is interested to watch candle light march. Even media now a days are not interested. However, it is not possible with educated class and in projects where majority are investors and not end users
                    Last edited May 11 2016, 10:56 AM.

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                    • Re : Jaypee Greens Wishtown, Noida

                      Resorting to violent protests is a terrible idea. Media might get a masala story out of it, but no one who matters will care about 30 k middle and upper middle class families and investors. Best option is to take legal route , but that will be tough, because JP and their lenders have much better access to top legal talent.

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