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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

    with this 600 crores approx 70 towers of next phase will be definitely delivered.. even the proposed delivery period is pretty short within 6-9 months...

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by bhuwan
      with this 600 crores approx 70 towers of next phase will be definitely delivered.. even the proposed delivery period is pretty short within 6-9 months...
      Which escrow account is the 600 crore in ? The projects have been proposed to be delivered since the last 6-9 years. What will change in the next few months ? 600 crore for 70 flats is 8.5 crore per tower ? Will the quality of construction be like the towers where the roofs have regularly been falling off ?

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      • Re : Jaypee Greens Wishtown, Noida

        will bankers allow Jaypee to use coming fund to construct buildings, where builder has already fetched more than 90 to 95% from buyer and no or very little juice is left. It has to take permission from lenders to use fund apart from paying debt.

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        • Re : Jaypee Greens Wishtown, Noida

          At the meeting on Monday, Sameer Jain did say that the lending Banks have agreed that a percentage from business sales and Yamuna Expressway toll fees will be allowed to be diverted to Wish Town. Now what they will actually do remains to be seen.

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          • nalinc
            nalinc commented
            Editing a comment
            i dont trust builders unless approved in bankers consortium or JLA and said promise minitised.....promise kerne ko kya hai kuch bhi kar do...builder itself promising lot many things to lenders.
            Last edited June 2 2017, 01:37 PM.

          • somara
            somara commented
            Editing a comment
            there is no room to trust any of them. has someone or is there a forum where the PM's office can be approached, directly Mr Narendra Modi. He seems very pragmatic and is def hand's on in getting into people do their job to deliver !

        • Re : Jaypee Greens Wishtown, Noida

          Has Mr Gaur ever said over the last 10 years that banks will not allow money to be used for construction? What businesses does JP have left that will generate any excess revenue ? Even if all the debt magically gets written off, JP is struggling to cover its operating costs and will struggle even more so after selling off, at distressed prices, the few decent assets it had

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          • Re : Jaypee Greens Wishtown, Noida

            Work is gathering pace at wishtown. Even Klassic and Kosmos pending tasks are being taken care off.
            Small issues like whitewash and floor number are also being addressed. I doubt the statements but cannot doubt the actions visible on ground.

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            • Re : Jaypee Greens Wishtown, Noida

              I will post pictures when i go again to see houses on rent.

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              • somara
                somara commented
                Editing a comment
                Please. That will be some hope to see the state of those building. I have an apartrment in Knightscourt.

            • Re : Jaypee Greens Wishtown, Noida

              I visited the klassic site on 22 may and Work is on . Though didnt visit other projects, i was told that work is on in many other projects as well..
              Last edited June 3 2017, 06:20 PM.

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              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by vivmits View Post
                I visited the klassic site on 22 may and Work is on . Though didnt visit other projects, i was told that work is on in many other projects as well..
                work is going on in Kalypso as well.

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              • Re : Jaypee Greens Wishtown, Noida

                My father visited PH4, work is going on there as well and the Supervisor sounded confident of delivering the apartments on the new dates announced.

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