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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: 12 hours ago
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  • Re : Jaypee Greens Wishtown, Noida

    sir construction has started and picked up pace. i went to see a apartment today.
    Poster

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by anjanpanda00
      Finally some good news for jaypee buyers...

      http://wap.business-standard.com/art...1900085_1.html
      This is terrible news for buyers. Banks have succeeded in ring fencing all the valuable JP assets for themselves. Nothing will be left for buyers now, even if courts give judgements in their favor.

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      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by Truenity View Post
        This is terrible news for buyers. Banks have succeeded in ring fencing all the valuable JP assets for themselves. Nothing will be left for buyers now, even if courts give judgements in their favor.
        In opposite, it's a good news. Jaypee should have sold part of this plot at peak time for the loan payment.

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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.
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