Announcement

Collapse
No announcement yet.

Jaypee Greens Wishtown, Noida

Collapse
X
Collapse

Jaypee Greens Wishtown, Noida

Last updated: December 11 2021
8883 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : Jaypee Greens Wishtown, Noida

    Jaiprakash associates again up today 10% now.

    Approaching Rs 30 up over 500% from year low.... Yes u heard it right its up 500%.

    ​​​​​Let ppl still believe that it's all in the air and nothing changing at Jaypee.... God Bless them!!!
    ​​​​​​
    Don't let ugly in others kill the beauty in you.

    Comment


    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by monusays View Post
      Deliver flats to 1.5 lakh buyers on time or face action, Yogi Adityanath warns Noida builders


      Read more at:
      http://economictimes.indiatimes.com/...campaign=cppst
      Now construction will pick up!!

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by Ab2001 View Post
        While Truenity is not wrong, his information is certainly incomplete.

        Have a good friend who is close to the debt restructuring process that is currently underway. Although he is on the creditor side of the table, he says talks are going well and creditors are trying to avoid the Company Law Tribunal route to the extent feasible.

        One more thing he mentioned that I found interesting. He says there is a lot of political pressure on the banks and the promoters to do the customers right as 2018/19 is a political year and UP is a heavily contested region. The new government wants to avoid a potentially negative situation at all costs, which might explain Yogi's recent comments.

        Just my $0.02.
        Your 2 cents are worth much more
        a cat not able to catch mice will scratch the pillar in frustration

        Comment


        • Re : Jaypee Greens Wishtown, Noida

          Originally posted by studarora View Post
          Any idea what will happen to the plots/flats in wishtown which have been registered by authority? Will they also be under some kind of problem in case JP goes bankrupt?
          I m also interested to know about this , but my guess is that land owner will always be JP.
          in india this type of situation never happens so difficult to predict anything.

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            Nobody is answering my simple question.. even in worst scenario why bank needs to touch wishtown if lots of other assets are already available with jaypee.....

            Comment


            • arun saxena
              arun saxena commented
              Editing a comment
              Who says that Banks are touching wishtown

              Every body has its own imagination

              We are bent upon declaring JP insolvent when even tha case has not started

              Insolvancy option can be decided ONLY after 270 days of filing case in NCLT that too if RP declares that Resolution plan has failed

          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by rahul21jan81
            Nobody is answering my simple question.. even in worst scenario why bank needs to touch wishtown if lots of other assets are already available with jaypee.....
            The answer is very simple. JP does not have enough unencumbered assets. If it did, it wouldn't have defaulted on its loans and banks wouldn't have been forced to bring bankruptcy proceedings against it.

            Comment


            • Re : Jaypee Greens Wishtown, Noida

              Originally posted by raabta View Post

              Your 2 cents are worth much more
              Raabta Saheb to ban ho gaye -just after appreciating comment of 2 solitaires !
              But seriously , if JP Infratech or other builders are indeed able to deliver as per original promise, then whole area will benefit from it ..

              Comment


              • Re : Jaypee Greens Wishtown, Noida

                Originally posted by Truenity View Post
                The answer is very simple. JP does not have enough unencumbered assets. If it did, it wouldn't have defaulted on its loans and banks wouldn't have been forced to bring bankruptcy proceedings against it.
                That is oversimplification. Businesses run on debt. A service class guy can never understand this.

                Comment


                • Re : Jaypee Greens Wishtown, Noida

                  Originally posted by flatowner2 View Post

                  I m also interested to know about this , but my guess is that land owner will always be JP.
                  in india this type of situation never happens so difficult to predict anything.
                  Land owner is noida authority. Maintainance of common area , facilities like genset etc and roads might become funcion of rwas/residents in that case.

                  Comment


                  • Re : Jaypee Greens Wishtown, Noida

                    Originally posted by Truenity View Post
                    The answer is very simple. JP does not have enough unencumbered assets. If it did, it wouldn't have defaulted on its loans and banks wouldn't have been forced to bring bankruptcy proceedings against it.
                    I don't believe in your logic..if JPA can reduce their debit from 40k to 6k and still you are saying that jaypee has no assets to pay bank..i m sure they have enough assets and jaypee wishtown will not part of any such process..

                    Comment

                    Tags: None
                    Have any questions or thoughts about this?
                    Working...
                    X