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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: August 17 2020
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  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by dineshsays View Post
    Def quite low - nothing for WT - they are reducing debt by selling lock stock and barrel. Nothing better. In same news item see the video - 700 crore here, 500 crore land deal and 3500 crore land deal.

    Sab badhiya - don't worry

    Work going on in WT - I am shifting shortly will keep you all updated

    IMPERIAL Court literally in a few more days - Max 1 month. They collect over 80-100 crore from IC alone
    So, did imperial court finally get delivered in "max 1 month "? Congratulations to everyone who has been waiting for almost 10 years.

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by dineshsays View Post
      So - I was going back a few years when I had made some predictions on delivery and handover of various WT - projects - I think I did this over 2 years back.

      I think on an average I was off by a year or year and a half or even two years in some cases - and considering it has only been 2 years since I made this estimate, it was quite a bit off.

      At that time I thought I had put in enough buffer - but Jaypee really is a slowpoke. In particular, I think 2013-2014 - they went back to their old ways and came to a crawl. And only now they are starting some push. If they continue this stop start approach - I am afraid one cannot make any accurate prediction whatsoever

      Anyhow, although credibility would have been lost, I am putting some fresh numbers to see if I can get it right second time round:

      1. Kalypso - END 2014 - MID 2016
      2. Imperial - END 2014 - MID 2016
      3. PC - LATE 2014 - END 2015 - though only 2-3 towers of PC are left
      4. PH - END 2014 - MID 2016
      5. GC Plots - POSSESSION ALREADY GIVEN last year. Must complete in 3 years or face fine. END 2016 (Even assuming 2 additional beyond 'fine' years) - END 2017 - appears fines haven't kicked in yet
      7. Kalisto - MID 2014 - END 2014 - AFAIK
      8. Boomerang Club - END 2014 - MID 2016 - structure has been ready for ages - but there is no focus to complete
      9. Boomerang Residency - END 2016 - - END 2018
      10. Kristal - END 2017 - MID 2019
      11. Kasablanca - END 2017 - MID 2019
      12. Augusta - MID 2014 - EARLY 2015
      13. Knight Court - END 2015 - END 2016
      14. Kube - END 2016 - END 2018 - probably the most disappointing of all
      15. Orchards - END 2016 - MID 2018 - probably the second most disappointing of all
      16. Hospital - END 2013 - 3rd Quarter 2014
      17. KP 2 Plots - Possession/registry in progress. Need to complete in 3 years time or face fine. END 2017 (Even assuming 2 additional beyond 'fine' years) - MID 2018 - all depends on fines
      18. KB - END 2015 EARLY 2017
      19. Kingswood Oriental - END 2014 EARLY 2016
      20. KP 1 Plots- Possession/registry in progress. Need to complete in 3 years time or face fine. END 2017 (Even assuming 2 additional beyond 'fine' years) - MID 2018 - all depends on fines
      21. Kensington Heights and KPA - END 2014 END 2016 - they really slowed down here
      22. Garden Isles - MID 2016 END 2018 - big disappointment so far
      23. Klassic (Main - 70% of all Klassic) - MID 2014 END 2015
      24. Klassic Shaurya - END 2015 END 2016
      25. Klassic ONGC - END 2015 END 2016
      26. Kosmos (main - 90% of all Kosmos) - MID 2014 MID 2016
      27. Kosmos (later towers - only 5-6) - END 2015 END 2016
      28. Krescent Court - MID 2016 END 2018 - KC has been thoroughly disappointing so far - one of the poorest managed projects of WT. Still there are towers at 2-3 floors
      29. Kasa Isles - END 2015 END 2016 - I would say despite the delays, Kasa has been one of WT's poster boys - really superb execution
      30. 25 Acres yet unlaunched residential - Say will be launched by 2014 and will take 6 years after that END 2020 I think I underestimated this - there is probably a 100 acres unlaunched - will be completely launched by 2018 not earlier and will be completed by 2025. There has been a pretty massive housing slowdown, besides sentiments taking a knock on account of slow delivery. Since I wrote and JP has managed just a handful of new launches
      31. 25 Acres yet unluanched commercial - Say will be launched by 2014 and will take 6 years after that END 2020 - Same story as unlaunched commerical
      32. Jaypee Public School - Operational
      33. Jaypee IIT - Operational
      Interesting post.

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by pkgandhi View Post
        Why will any investor sell to JP if he can get a better price in the open market ? And I don't understand why JP will buy back for higher than market rate .
        Why will any investor sell to JP if he can get a better price in the open market ?
        mate, jaypee will buy units of a tower which they know they are targetting and that too of a project where they do not have units in their own hands like orchards


        And I don't understand why JP will buy back for higher than market rate .

        Suppose, they know that they are targeting a particular tower, they will pocket units, its simple, jaypee as a group knows which tower they are targetting

        Cheers
        Last edited June 2 2016, 12:02 PM. Reason: removed original name

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        • Re : Jaypee Greens Wishtown, Noida

          dineshsays; : mate , just saw a re-post from 'Pkgandhi' Sir, what do you have to say [looking at your post] today.

          PS: I am not taking jibes at you but just want to know, are you still positive that if we add 2 years to your 2nd timeline, you will score good in what would be the third timeline?

          Cheers
          Last edited June 2 2016, 12:02 PM. Reason: mentioned user

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            What is surprising is that the most investment heavy projects are ready and operational

            16. Hospital
            32. Jaypee Public School - Operational
            33. Jaypee IIT - Operational
            Says a lot about intention of the builder.

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by rahk2012 View Post
              *dineshsays ; : mate , just saw a re-post from 'Pkgandhi' Sir, what do you have to say [looking at your post] today.

              PS: I am not taking jibes at you but just want to know, are you still positive that if we add 2 years to your 2nd timeline, you will score good in what would be the third timeline?

              Cheers


              I do not know about other projects but I bought a flat in Kalypso last year and have got the possession, occupancy certificate and registration in hand. So he was absolutely spot on for Kalypso, no need for a third time line.

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by dipak44 View Post
                I do not know about other projects but I bought a flat in Kalypso last year and have got the possession, occupancy certificate and registration in hand. So he was absolutely spot on for Kalypso, no need for a third time line.

                How can you be so hypocritical?, bhai its not just about you , and if you bought last year, you bought it in resale and knowing a particular tower is reaching completion, well seriously do you write post just for participation and completeness?

                PS: and by mid 2016 for kalypso, it means all towers of kalypso with everything including club

                Rahul

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                • Re : Jaypee Greens Wishtown, Noida

                  Just saw a flash news on CNBC that JP is kick starting 2nd stage of disinvestment, now even the hospitality business and fertiliser is on the block. It is clear that the banks are selling the company piecemeal and recovering their loans. The home buyers esp the ones with unfinished towers will be left high and dry with undelivered apts and the company with no assets.
                  I think the home buyers should join together and get a restraining order against further sales or at least ask for the money to be deposited in an escrow account till JP delivers their apts.

                  Comment


                  • Re : Jaypee Greens Wishtown, Noida

                    Originally posted by dipak44 View Post
                    I do not know about other projects but I bought a flat in Kalypso last year and have got the possession, occupancy certificate and registration in hand. So he was absolutely spot on for Kalypso, no need for a third time line.
                    Mr dipak44,

                    Have all the towers and amenities at calypso court been delivered , or just the flats of privileged clients like you and Mr dineshsays?

                    Comment


                    • Re : Jaypee Greens Wishtown, Noida

                      Originally posted by jollygood View Post
                      Just saw a flash news on CNBC that JP is kick starting 2nd stage of disinvestment, now even the hospitality business and fertiliser is on the block. It is clear that the banks are selling the company piecemeal and recovering their loans. The home buyers esp the ones with unfinished towers will be left high and dry with undelivered apts and the company with no assets.
                      I think the home buyers should join together and get a restraining order against further sales or at least ask for the money to be deposited in an escrow account till JP delivers their apts.
                      Jollygood sir,

                      This also proves that there are no buyers at any price for JP's junk real estate assets as that is the one business promoters don't see a future in and would have sold first if they could.

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