Jaypee Greens has launched the project Aman on May 27, 2009, this 70 acre project is having 2/3 bed room flats of 850 – 1350 Sq.Ft, 9 hol.e golf course, at only Rs 2250/Sq.Ft possession will be given in 2012.
- My 1st question – why any body from Jaypee is not involving in the deal?
I searched on net for any contact no of marketing personals of Jaypee Aman but that led me to a failure, every time it was a broker on the line.“No body gave me the number of the Jaypee Marketing Exc or manager”
2.Why every one is confused about the No of units of flats in 70 acre land?
During my conversation with brokers, I found that all brokers(almost 5) told me different numbers of units of flats. “Do they have approved Map for the project? If yes than why they are not sticking up at a definite number of units?”"If they don’t have papers than, how can they launch their project and ask for the money?”
- Conversation with HDFC bank.A customer care executive of HDFC bank confirmed me that, papers of the property have still not passed by the Noida authority till 27th May 28, 2009.
4.Payment Plan for the Jaypee Aman.
20% of Basic amount+ IDC within 2 months of Booking. 10% of Basic amount within 4 months of Booking.10% of Basic amount on Excavation.They are collecting 40% of basic amount before the excavation?How much will be their investment into the project?At what stage of development will they ask to bank for finances?
5.Loading on super area.There is loading of 20% in the super area - as I was told by the broker but my calculation shows loading of 38%.
- Construction of yamuna express way.The whole story started with this only, the land on which they are building the Project was allotted by the government as a payment of much hyped Yamuna Express Way – to connect Greater Noida to Agra – the project was launched in April 2001 and it was about to complete in 4 years, But it has constructed only 25 Km out of 215 Km. in 9 years.Are they liable to construct on the land, they are given as a payment of Express way which is not even 50% completed?What if government asks to stop this project in mid way?
Who will be responsible for the money of customers? Brokers who are indulge in the deal or the company which is indirectly collecting money from the market?
- Thank You! We appreciate your effort.
