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Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

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Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

Last updated: June 9 2014
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  • #21

    #21

    Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

    No updates on Neelam

    Was she involved in the firing- hope she is safe

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    • #22

      #22

      Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

      Sent from my GT-I9300 using Tapatalk 2

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      • #23

        #23

        Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

        Originally posted by dineshsays View Post
        Sent from my GT-I9300 using Tapatalk 2
        dinesh ji blank message ??

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        • #24

          #24

          Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

          Originally posted by trialsurvey View Post
          dinesh ji blank message ??

          contact no de do blank call bhi aane lagegi.
          NO RISK NO GAIN

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          • #25

            #25

            Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

            Originally posted by trialsurvey View Post
            dinesh ji blank message ??
            Sorry my bad, sent by mistake. I was just admiring both De Paul ji's kindness to share this news and his ability to put this out so well.

            I was literally transported to the meeting room where the high profile plan to counter Neta Ji took place.

            I agree with Venky and others, De Paul ji has a gift

            Sent from my GT-I9300 using Tapatalk 2

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            • #26

              #26

              Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

              Deepauls Bhai, Amazing writing style. You have to tendency to make everyone feel it as real incident.

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              • #27

                #27

                Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

                Originally posted by deepauls View Post
                Today's meetings centered upon following 2 major issues:

                1. Handling of the Samajwadi Party goons blackmail

                2. Delivery of Wave Projects

                It was agreed that the current demand is more the testing of the water than the real demand. They (SP) want to see who is in command now and what are the potentials for further extortion. CREDAI has already paid Rs. 350 crores to SP since they came back to power. Money was paid in installments and included good will money as well as some favored deals.

                It was decided that a mission would be sent to Lucknow to sort out the issue. There would be direct talks with Netaji, and reasoning will be done. He would be apprised of the fact that the industry is already going through the tough time, and further extortion attempts will only hamper the interest of both parties. Builders are in no position to give more money any sooner. If necessary, an extension would be sought but with no guarantees of any amount right now - since there is no leader on our part.

                Secondly - the question of leadership was talked in detail. CREDAI needs an influential and intelligent person to deal with SP directly after Ponty. Members unanimously agreed upon Anil Kumar Sharma (Amrapali)'s name, but Sharma ji has not given his consent yet. Although no one can match Ponty's caliber, we still need to fill this position, which is unofficial and strategic.

                The next discussed topic was the future and delivery of Wave Projects. It was unanimously agreed that all Wave Projects are in jeopardy, and are likely to be a disaster in making, which can very badly effect the whole Noida and emerging Ghaziabad's markets. Already, wave city in Ghaziabad is quoting 20-25% less in price after Ponty's death, and there are really no takers in sectors 32/25 project in NOIDA, and whoever invested in those projects need to be in care of the cardiologists.

                The question is not the money flow for the projects (which still is important), but the real question is of the competence of the persons to deliver the projects. It is unanimously agreed that there is no one - absolutely no one in the group capable of taking this responsibility.

                Monty, Ponty's son, is a total zero in professionalism, and number 1 sharabi, although his character is presented in press and public as a clean and dynamic young person. He has absolutely zero intelligence, his personality marred in childhood itself by the dominating nature of father and uncles in the joint family. He is no hope for the company.

                Rajinder Singh Chadha, Ponty's brother, doesn't carry the least of professional touch. He is "theth dehati", doesn't know how to control his anger, and is best capable of running the liquor business only. He never approved Ponty venturing into real estate on a large enterprise scale, dominated by his conservative thinking of being the king of one domain only. There are no hopes for any of his help for the Wave Infratech.

                Ponty himself was not capable of running a successful realty venture, but his ability to "listen" (which his brothers lacked) to his consultants, was a major driving force behind his emerging realty empire. In fact, Ponty had hired Verghese companies services to revamp the Wave Infratech. As per Verghese, who chaired one of the meetings today, his consultants made the recommendations to Ponty to move certain people from Key positions, but there was so much resistance and family politics involved within - Ponty could not act on recommendations. Moresoever, new hires placed by Verghese company were fired within a couple of months, and one person just left on his own because he could not accomodate.

                Arora ji threw another one bomb shell in the meeting. As per Arora ji, talks were going on between Ponty and him for the Supertech buying and taking over of the Wave's Noida and Ghaziabad projects. Ponty, though not capable of delievering those projects, was well capable of understanding that it was not his cup of tea. The ventures he had taken were too big for his capability and his family's work style - and he knew they were destined to fail unless some biggie like DLF or Supertech takes over. Failure was showing imminent, and Ponty was desperate to get rid of these projects. Arora ji's Supertech team had already started the audit of Ponty's projects with utmost secrecy, and Arora ji was almost ready with a proposal for Ponty - and all of a sudden this happened!

                Arora ji is no hopeful at all to take over Ponty's projects in current scenario. He is not going to bid because there are no takers for his bid now. Everything on this part is finished, as per Arora ji.

                Tomorrow we shall finalize the team who would go to Lucknow. Will keep updating.
                The most hillarious comment highlighted above. Ek thakela shopprix aur chunnu sa 93 ka project nahi sambhla Arora ji se aur pahunch gaye Wave ko sambhalne. Yaar Ye Arora ji kahin Mungeri lal Arora toh nahi. Aur naye sharma ji, chaar lina suna riya hoon waale sharma ji honge. chutkule mast sunate ho bhai.

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                • #28

                  #28

                  Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

                  Deepauls bhai,Overtake of wave infratech by Supertech , kuch jyada majak ho gaya. yeh line nahi likhte to baat mai dum lagta.

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                  • #29

                    #29

                    Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

                    Deepaul bhai was joking...probably chaddha was buying supertech . Thodi lambi ho gayi..chalo lapet letey hein..
                    Aroraji was thinking that by mistake he wanted to make a copy of eiffel tower and give a gift to his son who behaves lika casanova so he called it casanova but then on advice from his wellwishers changed name from casanova to supernova. Bahut oonchi building hai deepaul bhaiya, arora ji bana payenge ? Ab to ponty bhee nahi raha jo take over kar leta !
                    I sincerely wish he delivers it...
                    If thou wilt make a happy man, add not unto his riches but take away from his desires

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                    • #30

                      #30

                      Re : Ponty's Saga: Imminent Conflicts: Noida Realty to take Hit

                      Originally posted by Bobbydel View Post
                      Deepaul bhai was joking...probably chaddha was buying supertech . Thodi lambi ho gayi..chalo lapet letey hein..
                      Aroraji was thinking that by mistake he wanted to make a copy of eiffel tower and give a gift to his son who behaves lika casanova so he called it casanova but then on advice from his wellwishers changed name from casanova to supernova. Bahut oonchi building hai deepaul bhaiya, arora ji bana payenge ? Ab to ponty bhee nahi raha jo take over kar leta !
                      I sincerely wish he delivers it...
                      aaj kal arora ji ke paas aise sawaalon ka ek hee jawaab hota hai Bobby bhai - "We will use precast technology"

                      aisa lagta hai pre-cast is some magic pill !!

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