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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: 3 days ago
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  • Re : Jaypee Greens Wishtown, Noida

    Originally posted by rahulkumar12

    In opposite, it's a good news. Jaypee should have sold part of this plot at peak time for the loan payment.
    How can it be good news for customers if the only asset that could have generated money for construction of Wishtown is taken away and handed over to lenders who will have now have exclusive claim over it.

    Even courts can't direct JP to sell the land and use the money for construction or refund now, since JP has handed it over to the bankers.

    In Hindi there is an idiom, ek anaar sau bimaar. Now the only pomegranate has been given exclusively to the lenders. How can that be good news for the other 99 bimaar ?

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    • Re : Jaypee Greens Wishtown, Noida

      http://m.timesofindia.com/business/i...w/58741789.cms

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      • Re : Jaypee Greens Wishtown, Noida

        sir, is idbi also owned by jaypee?
        Poster

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        • Re : Jaypee Greens Wishtown, Noida

          begani shaadi mein abdulla deewana
          Poster

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          • Re : Jaypee Greens Wishtown, Noida

            Idbi like other banks has massive exposure to JP. The banks themselves are in big trouble and will throw JP under the bus to save themselves.

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            • Re : Jaypee Greens Wishtown, Noida

              u say jaypee would pay banks, and no construction would happen
              and now u say banks would not get paid .
              which one is true?

              imagination is a great joy, use it in better ways
              Poster

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              • Re : Jaypee Greens Wishtown, Noida

                Paid shills are trying to hijack this discussion and get me banned by misquoting and trolling me because the facts I state are inconvenient for their masters.

                It is a matter of record that JP has no money to pay the lenders and has been defaulting for years. Lenders have been left with no option but to either force the sale of all of Jaypee's assets or seize them for themselves if no buyers are willing to touch them.

                The dire NPA situation of banks in this country and the fact that JP is a major component of that NPA exposure is also a matter or record. It is quite obvious that if the government has to choose between saving 30 thousand JP customers and 30 crore bank customers, it will choose the latter.

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                • illusion
                  illusion commented
                  Editing a comment
                  Trueentity or true enternity or who so ever...whats your problem. All Japypee owners are F****...WHATS YOUR PROBLEM. Just back off and enjoy your investments. Why are you trying so hard.

              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by Truenity View Post
                How can it be good news for customers if the only asset that could have generated money for construction of Wishtown is taken away and handed over to lenders who will have now have exclusive claim over it.

                Even courts can't direct JP to sell the land and use the money for construction or refund now, since JP has handed it over to the bankers.

                In Hindi there is an idiom, ek anaar sau bimaar. Now the only pomegranate has been given exclusively to the lenders. How can that be good news for the other 99 bimaar ?
                There are hotel, hospital, cement, hydro/thermal power business. Net assets will be more than 50k cr. Still court can ask jaypee to liquidate those. BTW why are you panic? All we will get our share.

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                • Re : Jaypee Greens Wishtown, Noida

                  sir.what is shills?
                  Poster

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                  • Re : Jaypee Greens Wishtown, Noida

                    i no jaypee employee. i buying jaypee flat
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