What do you guys think about Jaypee Greens Wishtown - NOIDA? Is this a good time to buy? Is Wishtown a good investment?

Cheers! :)
Read more
Reply
8001 Replies
Sort by :Filter by :
  • Originally Posted by phantomII
    Friends,

    I have attached the Jaypee Infratech Ltd (JIL) Corporate Presentation Jun-2012 (thanks to Google bhai!).

    A wealth of information for Jaypee bashers & lovers alike to analyze.

    Enjoy!

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=15190


    Thanks a ton, PhantomII. You have done a great service to the rest of us.
    CommentQuote
  • Originally Posted by rahulkumar12
    When JP advt is saying longest GC view for the orchards, how come it's a non_GC project??


    JP in association with Brokers is advertising Orchards as Golf property based on views offered but someone can surely argue that it is not situated on Golf side so should not be called Golf property unlike PC,Imperial,Kalypso,Knight etc.Non GC facing Orchards units have few takers since the price of 5k bsp is not justified based on sheer specifications only.If likes of LB/LP/Tierea which are near completion and located on expressway are quoting under 5k then whats so special with these units which are in excavation stage only.
    CommentQuote
  • Originally Posted by Galaxy
    JP in association with Brokers is advertising Orchards as Golf property based on views offered but someone can surely argue that it is not situated on Golf side so should not be called Golf property unlike PC,Imperial,Kalypso,Knight etc.

    It's very much in a GC side. Refer the master plan. Only difference is it is 250mt from GC side, where as others are at 150mt distance.

    Non GC facing Orchards units have few takers since the price of 5k bsp is not justified based on sheer specifications only.If likes of LB/LP/Tierea which are near completion and located on expressway are quoting under 5k then whats so special with these units which are in excavation stage only.

    Compare the specification of orchards w/ other projects, you can know why it is better than LB/LP/Paras. LB/LP/Paras could be compared to kosmos/klassic.
    CommentQuote
  • Which is this 349 Acres of Land which has been sold/further leased....... Jaypee it seems is struggling with huge Debt with yamuna expressway and F1 not generating enough so far.......Selling stake in Cement and now the land bank..... things dont look that rosy on cash flow with stock also taking a beating.....
    CommentQuote
  • People are forgetting few things -

    -- other than 50,000 crore + debt
    -- Payments to master ( Politicians/Beurocrats etc etc )
    -- Payments to supplier ( eent/saria/building material se lekar ...contractors tak )

    Any project which is 4-5 years away from delivery is the riskest of all in my opinion.

    as per my sources, other than debt in white there is a parallel debt of do number taken from open market ( running in thousand of crores ).

    running a show per month needs more than 10,000+ crore

    Next year will be interesting.

    JD
    CommentQuote
  • Originally Posted by JD2012
    People are forgetting few things -

    -- other than 50,000 crore + debt
    -- Payments to master ( Politicians/Beurocrats etc etc )
    -- Payments to supplier ( eent/saria/building material se lekar ...contractors tak )

    Any project which is 4-5 years away from delivery is the riskest of all in my opinion.

    as per my sources, other than debt in white there is a parallel debt of do number taken from open market ( running in thousand of crores ).

    running a show per month needs more than 10,000+ crore

    Next year will be interesting.

    JD


    Any firm predictions bro besides deeming the situation interesting?

    Any other options you would like to suggest for folks looking at Orchards, Kube etc
    CommentQuote
  • RTM le lo.


    Originally Posted by dineshsays
    Any firm predictions bro besides deeming the situation interesting?

    Any other options you would like to suggest for folks looking at Orchards, Kube etc
    CommentQuote
  • Originally Posted by Titlee
    RTM le lo.


    Batao Sir - 5/6k PSF mein kya options hain plus jo paisa 3-4 saal mein dena tha wo abhi kaise nikale

    Honestly would like to know not because I am advocating Jaypee or anything but I may soon be in the same boat soon
    CommentQuote
  • "Khalijeb" means "EmptyPocket" hi na. Nam "Khalijeb" aur kaam investment.
    Miyan..durust farmaya...1 saal mein to 7000 bhi touch kar sakta hai PC.
    1 se kya hoga..2-4 to khareedo kam se kam.:D


    Originally Posted by khalijeb
    Thanks for quick reply as you are only real hero here friend. Sorry same question from another angle to recheck if I can understand your brain. At possession price will become how much. My brain says for non golf units 6000 in 4-5 months and 6500 in 1 year.
    CommentQuote
  • Badi mushkil 'Q' hai Boss!!

    Originally Posted by dineshsays
    Batao Sir - 5/6k PSF mein kya options hain plus jo paisa 3-4 saal mein dena tha wo abhi kaise nikale

    Honestly would like to know not because I am advocating Jaypee or anything but I may soon be in the same boat soon
    CommentQuote
  • Assuming what you say is right...I have few questions about Knight court, request all IREF members to please help me understand: Senior experts like Dinesh, phantom, Pawan, ved ji, if you could spare some time:

    How many stories in Knight court Towers?

    How much is the area of Knight court in Acres...8 towers in how many acres?
    How many units in Total?

    What are other Sports and club facilities?

    Can we assume that Knight court will have more inventory?can we hope to get tower and units of our choice.

    How much % of units will be sold in Knight court...

    Exactly when did they start selling this project... What has been reasons for delay in comparison as compared to kalyspo and Imperial...? was there any engineering problem i mean?

    Who is doing the construction? i read some where ahluwalia's.... are they famous for delay in construction?

    Realistically speaking, when can we assume the possession of Knight's court?

    In CLP, how much money has been given so far? And how much outflow can we expect in next 1 year...

    At what price was it launched and What would be the all inclusive price in fresh and resale now?

    While dinesh, you have been very methodical in detailing out the comparison between Kalyspo and Knight, i assume there will be a requirement of more upfront payment in Kalyspo, imperial (and pavilion...)

    Do you guys think, that there are chances that future high rises might spoil the views of Knight court making views worse than pavilion/kalyspo

    Many Thanks all
    Jai



    Originally Posted by Ibmrohit
    I was also thinking of considering buying a golf property. Went to jaypee today with a friend who is a lucky investor in real estate. This friend invested a lot in gurgaon earlier and made huge profits. Now he is also planning to invest in kalypso for SELF USE. I was planning to go for pc but since he is more experienced in real estate he told me to avoid non golf view properties in golf part. He visited pc and said that it is a risky investment as quality/layouts seem poor.Surprisingly he told me the best investments are in the following order for returns. Specialists Please confirm if yoGu think in the same way, he said best returns on investments will be as follows :

    1.Golf facing plots
    2.Knights court
    3.Orchards 2620
    4.Orchards 1798 units 3/6
    5.Imperial court
    6.Kalypso court
    7.Pc

    Very rarely this guy goes wrong and his calcuulations are just based on returns on money invested. He says you cant live in multiple houses, just calculate how much money is invested and how much profit comes after a fixed durTion.

    I was surprised that he rated orchards better than imperial court for returns. Moreover i thought plots were already so expensive so it will not give huge returns but he says plots in jaypee will give 50% annualized return minimum if one can hold for 3 years.

    What do you guys think. I can invest in orchards 1798 or 2620 or kalypso max, what would you suggest...though kalypso will put some burden on my pocket.
    CommentQuote
  • Originally Posted by jaideepsr
    Assuming what you say is right...I have few questions about Knight court, request all IREF members to please help me understand: Senior experts like Dinesh, phantom, Pawan, ved ji, if you could spare some time:

    How many stories in Knight court Towers? 21

    How much is the area of Knight court in Acres...8 towers in how many acres? Roughly 60 meters by 330 meters = 19800 sq meters = 4.9 acres
    How many units in Total? 8 towers * 2 per tower * 21 floors = 336

    What are other Sports and club facilities? Excellent club laid out in front - 2 clearly marked sports courts (Tennis looks like)

    Can we assume that Knight court will have more inventory?can we hope to get tower and units of our choice. Not very easily now - no, but worth checking

    How much % of units will be sold in Knight court... dunno

    Exactly when did they start selling this project... What has been reasons for delay in comparison as compared to kalyspo and Imperial...? was there any engineering problem i mean? I think around 2010 timelines (check the pdf shared by Phantom Bro has launch dates for most project). No engineering problem - on a relative scale, it is far easier to construct this project than say Kalypso

    Who is doing the construction? i read some where ahluwalia's.... are they famous for delay in construction? dunno

    Realistically speaking, when can we assume the possession of Knight's court? Jan 2015, only confirmed yesterday

    In CLP, how much money has been given so far? And how much outflow can we expect in next 1 year...dunno

    At what price was it launched and What would be the all inclusive price in fresh and resale now? I think this was launched 7k+ officially - trading now at 7200 or so

    While dinesh, you have been very methodical in detailing out the comparison between Kalyspo and Knight, i assume there will be a requirement of more upfront payment in Kalyspo, imperial (and pavilion...) - absolutely - this will have a more spread out payment but I dont know if there are 50:50 deals like Pavilion

    Do you guys think, that there are chances that future high rises might spoil the views of Knight court making views worse than pavilion/kalyspo

    at the back yes - Kube will be all over this, and a village as well, in the front will depend on what is launched to the left of Pebble

    Many Thanks all
    Jai



    Answered what I know
    CommentQuote
  • Thanks Bro..Really appreciate...

    You are like the Amitabh Bachchan of Jaypee GC properties...

    If you get to know other details... kindly share
    CommentQuote
  • Contractor ahluwalia... golf course infront views will remain as they are(nothing can spoil them).... no 50-50 payment, infact no fresh inventory for golf course facing...
    CommentQuote
  • Guys - I got this mail about plot launches in Jaypee Greens WT agra tomorrow - on cell so cant post the info pack here. If someone else can great - I couldnt see Agra as a city so posting this here. Allotment may be done by draw of lots only.

    Rates from 12-14k or so

    Any takers/any suggestions?
    CommentQuote