Got this email about jaypee Pre Launch. What do think guys. I have feeling even after all the negativity this will be sold-out as soon as launched.

JP Greens Garden Isles Mall

Commercial Project - Pre-Launch Update

Location:
Jaypee Greens presents Commercial Shopping Complex
Near Garden Isles in JP Greens WishTown Noida, Sector 133.

Project Brief:
Exclusive Mall with retail space, and two floors of multiplex & food court within walking distance of approximately 20000 apartments at WishTown, Noida, with an estimated resident population of 64000.
Retail with Multiplex to provide a unique platform to both retailers and consumers.
Retail spaces on Ground, Lower Ground, Upper Ground and First Floors.
Multiplex Cinemas and Food Court on Two Floors, 3rd and 4th Floor.
Tentative sizes are 350 Sq. Ft, to 750 Sq. Ft.

Project Highlights:
Impressive Landscaping & Sitting areas
Wi-Fi enabled mall with 24x7 Power back-up & water supply
Exclusive lifts and escalators for retailers and shoppers
Car parking for visitors on surface
Efficient cooling of mall area and retail shops with power consumption and running cost lower than Air conditioning.
Earthquake resistant structure
Builder: Jaypee Infratech Ltd.
Land Area: Total about 20 Acres

Offering
Floor
Size (Approx.)
Tentative Basic Sales Price per Sq. Ft.
Retail Shops
Lower Ground, Ground, Upper Ground &1st.
350 to 700 Sq. Ft.
Ground Rs.13600 – 14000/-



Lower, Upper Ground & 1st Rs. 13,000.00
Multiplex and Food Court
2nd & 3rd Floor
350 to 700 Sq. Ft.
Rs.13,000.00
Booking Amount:
Rs. 5 Lacs, by Demand Draft
Attachments:
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  • Location is superb. Just at the entrance to Wishtown and the hospital.

    It is also priced reasonably.

    Most of Wishtown is now syructure ready and will be inhabited by 2017.

    This commercial will also finish at that time. So timing is great.

    Its a buy.
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  • I think you take this 5 years to handover. Not 3. Rest everything is quite good.

    Pls share more details - plans etc when out
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  • Design map.
    Attachments:
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  • Dinesh, your comments please --- hope this commercial does not have 70-80% loading just like wishpoint .... Knowing JP's financial position everything is on hold ... till they start delivering projects .....
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  • JP still has to launch lots of commercial complexes in Wishtown ....
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  • Originally Posted by Redhat
    Design map.


    Pretty poor image - can hardly make out anything. No idea on Loading etc - no idea of facilities

    Only thing clear is - IF investing - whatever you do, buy UG floor.
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  • It is misleading in initial description that it is a 20 acre plot... it seems to be a less than couple of acre property. Also when i checked with one of insider in Jaypee (though not handling this account), he is not sure if multiplex is part of the plan here.

    Overall I feel its more of a a/c shopping plaza than a mall and as can be seen in the attached plan, it is clear that it doesn't have larger floor plate and neither is there flexibility to accommodate bigger Mall Units. Overall, I feel JC World is the only authentic Mall in the neighborhood yet and which is backed by a proper mall operator unlike shopping plaza setup which will end up more like DDA shopping complex.
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  • It is def not a 20 acre plot - NO WAY

    On multiplex - it may be there - if you go and see the plans for 1st or 2nd floor - you can see seats etc that are consistent with a hall of some kind - but has to be confirmed

    I think once the details of this are out, I will do an analysis of all mall/shopping complex offerings that are in the WT area

    But these guys do a good job on the shopping complex areas - if you get a chance, visit the complex which is between Kalypso 1-10 and Imperial 1-3 - I think although very slow, they've done a pretty good job there
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  • He He...whats amazing is that People are suggesting "Buy" to a Proposed commercial by a Builder who is Deep shit....In a Location which is going to be full of commercials (over supply)....and in a project where Majority of space is being sold out to investors (therefore Problems in future leasing out to Brands...which HATE to deal with multiple investors)

    This Commercial is a BIG NO...by all means....
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  • begani shaadi mein abdullah deewana...:)
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  • Guys Wish You All a Very Happy Holi.

    No discussion in the last 3 months ????
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