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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

    On your second question - that of the outlook five years from now - it is going to clearly be a question of if and when liquidity is infused back into Wishtown.

    Will Jaypee get the likes of Tata, Godrej, ATS to also come up and launch a few projects here will also be important

    A few things going right from hereon will mean WT being the best place to stay in Noida save the likes of a few premium 15A or 44 likes of sectors.

    Equally if Jaypee is unable to come out of its debt issue it will not be that nice and you will see complete towers interspersed with UC towers with limited occupation.

    But if you ask me to venture on an outcome - I remain positive and believe JP will come out of this and WT will rock

    This is just my opinion.

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by dineshsays View Post
      On your second question - that of the outlook five years from now - it is going to clearly be a question of if and when liquidity is infused back into Wishtown.

      Will Jaypee get the likes of Tata, Godrej, ATS to also come up and launch a few projects here will also be important

      A few things going right from hereon will mean WT being the best place to stay in Noida save the likes of a few premium 15A or 44 likes of sectors.

      Equally if Jaypee is unable to come out of its debt issue it will not be that nice and you will see complete towers interspersed with UC towers with limited occupation.

      But if you ask me to venture on an outcome - I remain positive and believe JP will come out of this and WT will rock

      This is just my opinion.
      Dinesh Ji.. I deal with a lot of builders in my business and happen to speak to them about Jaypee wishtown. Ive spoken to people who are responsible for procurement of land in Eldeco & ATS. They both said that jaypee came with proposal to sell land in wish town but nobody is willing to buy because:
      1. Its fully paid up. Whats the builders advantage in paying up the full money on day 1 when he can buy from authority on a payment plan. It affects their IRR majorly.
      2. There is a huge legal risk involved in the sense that banks may come forward to claim right over this land

      This is straight from the horse's mouth. No hearsay. So I wont really expect top developers to come and buy land here anytime soon

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      • Re : Jaypee Greens Wishtown, Noida

        Bro I understand what you are saying. From Jaypee's standpoint you are buying land which faces a golf course with excellent roads and Infra already done up and a FAR which Jaypee will sell over the table. No issues with authority/ officials and all EDC/ STP/ WATER / GAS etc done

        On second point authority has no land now to sell on this good an area - doubt many builders can sell on YEW where land is easily available on EMIs - they can't just buy something like this from authority

        Though I am certain all these discussions would have happened and still builders may have rejected

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        • Re : Jaypee Greens Wishtown, Noida

          JP financial condition and its desperate need for cash does not allow them to negotiate any deal on their terms.
          Anyone giving them CASH now will seek huge discounts, this probably is the number one reason why such deals are failing.
          Last edited June 24 2016, 03:17 AM.

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          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by dineshsays View Post
            On your second question - that of the outlook five years from now - it is going to clearly be a question of if and when liquidity is infused back into Wishtown.

            Will Jaypee get the likes of Tata, Godrej, ATS to also come up and launch a few projects here will also be important

            A few things going right from hereon will mean WT being the best place to stay in Noida save the likes of a few premium 15A or 44 likes of sectors.

            Equally if Jaypee is unable to come out of its debt issue it will not be that nice and you will see complete towers interspersed with UC towers with limited occupation.

            But if you ask me to venture on an outcome - I remain positive and believe JP will come out of this and WT will rock

            This is just my opinion.
            Dineshji, Many thanks for your detailed information on WT and its future. Please share with us your views from time to time.

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by dineshsays View Post
              On your second question - that of the outlook five years from now - it is going to clearly be a question of if and when liquidity is infused back into Wishtown.

              Will Jaypee get the likes of Tata, Godrej, ATS to also come up and launch a few projects here will also be important

              A few things going right from hereon will mean WT being the best place to stay in Noida save the likes of a few premium 15A or 44 likes of sectors.

              Equally if Jaypee is unable to come out of its debt issue it will not be that nice and you will see complete towers interspersed with UC towers with limited occupation.

              But if you ask me to venture on an outcome - I remain positive and believe JP will come out of this and WT will rock

              This is just my opinion.
              that's an emotional and optimistic opinion.

              wish all involved very best.
              Last edited June 24 2016, 11:24 PM.

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              • Re : Jaypee Greens Wishtown, Noida

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                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by amitexpert View Post
                  that's an emotional and optimistic opinion.

                  wish all involved very best.
                  Do the existing investors/end users have an option other than remaining optimistic?

                  I sincerely believe whoever thinking of buying anything in WT, needs to be on the sidelines for watch out how Jaypee is going to deal with the financial conditions they are in.

                  It is big risk to jump in now!

                  Comment


                  • Re : Jaypee Greens Wishtown, Noida

                    Originally posted by rareal View Post
                    Do the existing investors/end users have an option other than remaining optimistic?

                    I sincerely believe whoever thinking of buying anything in WT, needs to be on the sidelines for watch out how Jaypee is going to deal with the financial conditions they are in.

                    It is big risk to jump in now!
                    Warren Buffett -
                    "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

                    Not denying the risk that is involved, but there is no significant gain without calculated risk.
                    This could be life time oppertunity as well, lot of options in wishtown are available at lucrative prices.
                    Last edited June 25 2016, 12:08 PM. Reason: Text formatting.

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                    • Re : Jaypee Greens Wishtown, Noida

                      may i know what is the lucrative price we are getting in wishtown? And based on what calculation you can take this risk?

                      The prices are not at a point where the risk to reward ratio is good. At this point it is a blind jump.
                      Last edited June 25 2016, 02:11 PM.

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