India Investment Property » Jaiprakash Associates

Loan Scam Backwash

Thu, 02 Dec 2010 11:08:46 +0000

After the loan scam was unearthed last week, realty developers and companies providing home loan are finding it difficult to raise money from retail investors through corporate fixed deposits, despite offering coupon rates close to the maximum permissible limit of 12.50%.
The retail investors have become very cautious of the investments they make in the corporate schemes in the real estate sector. The schemes which were popular among the investors are also suffering from this blow.
Realty majors like Ansal Housing & Construction , Ansal Properties, Jaiprakash Associates and Unitech are offering coupon rates in the range of 10.5-12 .50%. Godrej Properties is said to be offering 8-9 % as interest on deposits.
In future the real estate companies may have to face more strict checks and laws say investment experts. They also fear that the real estate companies will have to suffer if the alternative sources of funding are blocked. This may lead to the fall in actual sale of properties.
As one of the consequences of correction in overall property prices the realty developers may have to replenish margins that have fallen and will have to either borrow money or build more property in order to fill the gap in the lost margin.
In the wake of the loan scam Maneesh Kumar MD, Burgeon Wealth Advisors, added “Real estate companies have not had an easy time ever since the meltdown of 2008 in rising funds. Recent headlines have further dampened the already difficult fund raising efforts by them.”

New Project by Jaypee Greens-Kensington Boulevard

Sat, 15 May 2010 02:58:29 +0000

Jaypee Greens, a division of Jaiprakash Associates Limited brings you high-rise flats with cool environment as they launched a new project-‘Jaypee Kensington Boulevard at the Jaypee Greens Wishtown, Noida. All modern amenities such as thematic gardens, symmetric flow of the elevations of the apartment towers and of the residential plots will be offered.

One of the key attractions of Kensington Boulevard is its clubhouse which has shopping areas, swimming pool, sports facilities for outdoors like Squash, Tennis, Skating rinks, Table Tennis , Health Club with well equipped Gym, Sauna etc, enclosed hall for Martial arts / yoga & meditation and many more.

2/3/4 BHK Apartments, Studio flats and 3/4 BHK Duplex Penthouses will be offered. A total of about 2500 flats exist under this project. Exclusive apartment layouts with un-ending views for the residents exhibit the uniqueness of this project. The Price List has BSP @ 3330/sq ft.

Jaypee Group Launches Jaypee Greens Sports City in Greater Noida

admin — Mon, 09 Nov 2009 11:54:04 +0000

Jaypee Greens (part of the builders Jaiprakash Associates) has announced the launch of its new project of “Jaypee Greens Sports City”, a township with residential and sports facilities, near the Yamuna Expressway (connecting to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational facilities,” said a Jaypee Greens press release.

The Sports City will have various Residential Districts which would be built by the company in phases. The first district will be the Country Homes, with sizes varying from 200 to 4000 sq mts. This will be followed by Lake District with high, mid and lower end apartments. The city will have features like uninterrupted water and electricity supply from Jaypee Group’s own power generation plants, round the clock 3 tier security, super specialty health facilities and educational facilities ranging from Kinder crib to professional levels.

For more details and booking please visit: http://www.propertywala.com/projects/560172