Jaypee infratech limited insolvency petition filed by IDBI bank.

Dear All,

As you heard about some financial issues on Jaypee group. we all know that its a huge group on many fields like Electricity, Information technology, Real-Estate, Cement, Solar and many more, this group have done a lot of projects for government and human welfare as well. but due to some incidents consecutively happened the one firm of the group "Jaypee infratech limited" has failed to deposit the bank loan issued by IDBI bank. And also failed to prove that he can earn such amount by developing his residential projects running since 2010 at Noida- Agra expressway.

The Jaypee Infratech Limited launched 26 residential projects with Jaypee Assosiate limited in Jaypee wish-town and jaypee sports-city in which many projects are delivered to owners but many investors and its customers are still waiting for their possession but after this incident they are afraid of their money and flat also.
But I have to clear that the IDBI insolvency issue is only with JIL(Jaypee Infratech limited) which is involved to develop Jaypee Kosmos, Jaypee Klassic, and Jaypee Kensington Park properties in which Kosmos's some towers has offered possession.
The persons whose flats are in these projects they don't have to worry about their money and flat delivery certainly they will got their respective,  but it will take time more than early expected, it is already delayed project.
Here are some possibilities that may took place
* The rates of these projects will go to bottom line.so the buyers can get flats at very low cost at good location and builder. immediate after solving the issue, so the interested person have to wait, watch and track. I think it will take two to three years.
* Currently no transactions are received by Jaypee.
* who purchased flats for investment surely they can not make money this time.
* who purchased for self use they also can not get the possession with in one or two years.
* obviously they will suffer financially who got bank loan for home.
* By this incident the jaypee will not make the confidence to his investors for his upcoming launches.

Finally form Builder side nothing has come out about IBDI issues and NCLT gave him enough time to prove wrong the petition. So lets wait and watch.
here i m attaching some figures for your reference.

and I am attaching the complete copy file of Judgement of Allahabad bench of NCLT.

CP.No(IB)77/ALD/2017  09.08.2017 M/s IDBI BANK LTD. Hon'ble Mr. H.P.CHATURVEDI,


Thanks for reading i will keep you informed and updated about this issue.

sachan
8802278720

Tenant verification form gautam budhh nagar

Here I m enclosing the police verification form issued from noida police to the facilitate to all dealers dealing with rent in noida.

this is in hindi format titled as " kirayedar ki soochna ka praroop - Gautam Budhh Nagar"  OR " " किरायेदार की सूचना का प्रारूप, जनपद  - गौतमबुद्धनगर "

Thanks for being with me.

plz remark and ask for any query, soft copy of different forms, legal Docs and any property related issues.

or any body can download this form in PDF version from link given below:

Click for PDF                         Download                            

Tata Group Launches Value Homes.

Dear All,

Tata Group is going to launch their residential multi story project in sector-150 as "Tata Value Homes" on mid January-2017, currently they have not issued any master plan or any price list, it seems that these stuff will be available after announcement of launch of project. Many brokers are trying to convince the investors for this project as a brand name in Noida and nice location on the expressway which is well connected to the Noida, Delhi, Greater Noida And Noida Expressway, in future the upcoming airport at "Jewar" which is not more than 50KMs.

In my personnel opinion this is the good investment for better response in very near future like two to three years and will be very good for residents in Noida.

This is the right time for investors because at this time the market is full of rumors of so many kinds that's why the properties rates are very low and not seems to go high upto 2-3 months, user and investors both can use these sentiments of market and make a good profit through this type of opportunity of investment, no doubt Tata Housing is well known brand name as a builder so buyers can trust at builder and feel safe for his/ her hard-earned money.

Thanks For reading this.

I will keep you updated for this project and other important news related to real state industry of noida so keep reading and any body can contact for more detail.

through email-sachan.ghosh@gmail.com or

8802278720

sachan

Godrej launches 'Godrej Golf links'

Dear All,

Finally after a long wait Godrej Properties has reviled the name of their first residential project in Greater Noida as "Godrej Golf Links" but even now they don't open publicly their project details like layouts and price plans although they accepting the scanned copy of cheques in the name of "Godrej Golf Links Escrow Account" of rupees five lacs and the buyer/ investor has to submit the same cheque for his/her booking and only then they will be eligible for the inaugural discounts and booking preferences in villas only.

Here i have to disclose to all my dear readers that they will also launch the high-rise apartments in second phase of 100acres plot but after selling the good number of Villas out of 250 premium luxury villas.

I personally visited the site in sector-27 greater noida, it is three km from pari chowk and location is quite good, the basic work is started and they are building their site office right now and taking the statistical measurements of land.   

Godrej Properties Going To launche Premium Golf Villas

Dear All Readers,

Godrej Properties is going to launch their new residential project in Greater Noida sector-27, near to Pari chowk and after Jaypee greens land, the plot size of Godrej is 100 acres of Golf and recreational township, which is planed for 250 villas to launch in phase-1,
The tentative sizes of villas would be 100, 125 and 220 sq-yards.
the builder is planning for 9 hole golf course which would be mainly for training purpose of new residents,
at this time the tentative rates are 5000/- to 5250/- per sqft.
Here i m going to add the location map of actual site taken from wikimapia website.

for more detail any body can feel free contact me or email me.
thanks.
8802278720
sachan.ghosh@gmail.com

ATS Bouquet at sector-132 Noida

Dear All,

ATS Group launches IT/ITES office spaces in sector-132 Noida, at the price of 4500psqft which is going to be revise on monday by minimum Rs.250/-PSQFT provisional bookings are open but the master plan is not available with builder thats why the allottment of units will be first come first serve basis the offices are very limited apx. 250, and 190 offices are already provisionally booked by investors, in the local market it is the very popular project.


Here are the price list and payment plan .

For any further query and booking or investment related query plz contact me .

thanks!

sachan

8802278720

ATS Launches "Bouquet" at sector-132 Noida

Dear All,

ATS launches IT and ITES opffice spaces in sector-132 noida at very low cost 4500/sqft min size is 800sqft multiples are available lockable and self parkings are also available.rates are going to revise very soon. bookings are first come and first serve basis master paln and layouts are not disclosed. only 80 units are left.
This builder is wel known for delivering of his projects on time and this is the comertial project at sector-132 noida and in market there are so many investors are investing blindly in this project to hold the tentative units of size 800sqft and multiple of it.
Realestate Market analyst says that it will benefitial to the investers with in six to eight months because the opening rate of this is very reasonable and after six months the minimum rate will be assume that the surrounded projects current rate will be equal and this make the min profit of 300 to 500 rupees per sqft.
That's why the investors are so interested in this project. i m posting the images of rate list and payment plans for your convenience.

plz call or Email me if you have any query related to this or any project in noida and greater noida west.
Thanks for reading.
i will try to keep you update. 

in my next blog i m going to inform you all that parsvnath is noticed by court to apear in some dispute in his project "preston".



sachan
8802278720