Real Estate Boom to Burst | Lessons for House Buyers | Jaypee Infratech Case Study

Jaypee infratech is a classic real estate boom to burst case study. Jaypee Infratech was once considered as one of biggest construction companies of India, filled for insolvency in 2017. They had launched a total of 33,000 flats in 2010, of which only 13,000 have been completed in last 13 years. 20,000 families are still waiting for their Homes for last 12 years. In this video I have shared, Why Jaypee Infratech was not able to complete their multiple projects which were part of their flagship brand Jaypee Greens, how Jaypee Infratech reached the stage of Insolvency, Why RERA, NCLT, Court of law took 6 years to decide a resolution plan to complete the under construction units and finally what are the lessons for Home buyer and what are the precautions they need to take while buying a house.
Jaypee Infratech launched a mega integrated township by the name of Jaypee wish town in Noida back in 2007. With this project they were expected to change the fortunes of Noida and Greater Noida real estate market. They constructed some of the biggest and most important projects in India including Yamuna Expressway, Buddha International circuit and launching one of the biggest integrated townships in Noida and a sports city in Gautam Buddh Nagar. But due to highly ambitious projects, mismanagement of funds and downrun in real estate market led to their insolvency.
But biggest set back for home buyers was the inability of India regulatory frame work including RERA, NCLT and court of law, in finalizing a resolution plan for home buyer. Unfortunately, homer buyers are the last to be thought about in case of a builder going insolvent.
In this video, I have discussed
1. History of Jaypee Group
2. Project launched by Jaypree Infratech
3. Why Jaypee Infratech was not able to complete their township Jaypee greens on time
4. Why Jaypee Infratech had to file for Insolvency
5. Why there is delay of 13 years in completing the project
6. How CIRP - company insolvency resolution plan process works
7. Why there was delay in CIRP process in case of Jaypee infratech
8. Who has been selected by NCLT to takeover Jaypee Infratech
9. When remaining 20,000 flats be completed and handed over to home buyer
About This Channel
Objective of this channel is to help young Indian know the unknown about buying a property in India
My mission is to educate young Indians about property buying process, starting from
1. How to find & buy your first house
2. How to invest in Indian real estate and make passive income
3. How to create wealth from real estate
4. Learnings for property buyers from real estate case studies
Who Am I?
A Realtor, Entrepreneur, Investor & Educator
I have worked with top developers of the country, have been an entrepreneur into Proptech space & a real estate investor for last 14 years
I want to share what I have learned to help you make a better informed decision based on awareness
You can reach me
Email: info@flatsandkeys.com
Whats app no: 9625111400
#realestatescam #realestatefraud #jaypeegreens #realestatecasestudy

Пікірлер: 47

  • @AnilSingh-tf5fo
    @AnilSingh-tf5fo Жыл бұрын

    Very informative after in-depth analysis. Useful to under stand the issue in short. Beside problem with real estate, this also indicates the big problem underlying in judicial system. Problem was simple so should have been solution. Builder taken money from home buyers , defaulted and did not provide home. Instead of understanding issue giving judgement on this, whole judicial system is now here to define every word, sentences and thesis on justice, ultimately by not delivering justice. How confused is judicial system. That is why criminals and others always say they have full faith in judicial system of India, they know no body can touch them as long as Indian judicial system in place. What happened in case of Dawood, Atiq Ahmed no justice could be delivered by judicial system. The middle class tax payers should understand this, donot get into trap where ever in future court has to help you. You will die but will not get justice. But whole system will continue to mint money on your cost. What happened to CIRP laws, who made laws (parliament), are not responsible for mess up , not able to deliver justice after 6 years. While IBBI department, finance ministry minting money as salary and other means. No one in this country responsible, for poor law, and it's implementation

  • @user-dz1hf1eq3v
    @user-dz1hf1eq3v Жыл бұрын

    Good info....could u share what will happen to M3M or smartworld projects since ED has arrested Roop Bansal of M3M?

  • @Sai-tx3qr
    @Sai-tx3qr Жыл бұрын

    Thanks for your studied presentation on Jaypee Infrastructure Limited.

  • @rahulbhardwaj6066
    @rahulbhardwaj6066 Жыл бұрын

    Very valuable information. Nice analysis of the project..

  • @afriend2177
    @afriend2177 Жыл бұрын

    There are no strict home buyer protection laws in India, as in developed countries.

  • @tushararan9222
    @tushararan9222 Жыл бұрын

    Very good and informative content…thank you 👍🏻

  • @manojsuri007
    @manojsuri007 Жыл бұрын

    There should be some rules for selling flats. Builders should be able to see flats only after 90 percent of the apartment work is complete with all the amenities.

  • @specnaz1395

    @specnaz1395

    11 ай бұрын

    You are right . But that will never happen . I'll explain why Flats / residential property drive the economy But banks don't trust builders so an environment is created to encourage the end user to apply for loans The end user buys a product for which he does not have money at high interest rates and pays for the bank profits by availing home loans These loans help keep the money in circulation in the economy The builder and the bank make easy money at the cost of the dreamy eyed buyer . Houses and cars and children's education are the biggest purchases of the middle class . These drive the economy

  • @gauravagarwal205
    @gauravagarwal205 Жыл бұрын

    Excellent👍

  • @RaghvendraPratapSingh-cj3jm
    @RaghvendraPratapSingh-cj3jm Жыл бұрын

    Very informative. Excellent

  • @akashsolanki5455
    @akashsolanki5455 Жыл бұрын

    Excellent information sir 👍

  • @HimalayaGarg
    @HimalayaGarg Жыл бұрын

    Superb info.. The new X gen employees thinking they are investing in pre launch, but they are getting in trap of builder agents.

  • @Sharma10910
    @Sharma10910 Жыл бұрын

    Please cover Ferrous City Sec 89, Faridabad in one of your videos. The location of this project is very lucrative, near Asia's biggest hospital.The buildings are almost ready but even after years the flats are not handed over to home buyers. Just won the case in NCLT. Please do a detailed video on how this project will be completed as the process has already started.

  • @RituArora-or8on
    @RituArora-or8on Жыл бұрын

    Pls give some make a video on resale buying. Wt should we check while buying a resale property

  • @amitargal4680
    @amitargal4680 Жыл бұрын

    Great Video, can you cover Dwarka Expressway old unfinished societies fate and what buyer should do with these unfinished flats (ATS, Ramaprastha etc.)

  • @tusharrai7940
    @tusharrai7940 Жыл бұрын

    Can you also suggest the same financial status and commentary on some of the prominent builders of Noida like Eldeco , ATS etc.

  • @PARVEENKUMAR-pc2hq
    @PARVEENKUMAR-pc2hq Жыл бұрын

    Presented in a very simple and video is informative. Can you please comment or present a case study of Rampratha gp of gurugram..

  • @MiraKumari-yb5sj
    @MiraKumari-yb5sj Жыл бұрын

    Jp infrastructure sare ka Kya hoga sir i have 3000sare@14price

  • @tusharbutani2810
    @tusharbutani281011 ай бұрын

    Useful information Can you suggest about How to check developer financial status? As a normal home buyer!

  • @AK-fp3bw
    @AK-fp3bw Жыл бұрын

    👍👍

  • @sonitlohan
    @sonitlohan Жыл бұрын

    How can we get the final situation of a builder, can we get builder's cash book etc...whats the process ?

  • @amitargal4680
    @amitargal4680 Жыл бұрын

    Would there be any impact on Smart World under control construction projects after M3M issues. Smartworld was founded by M3M promoters

  • @avinashshukla4733
    @avinashshukla4733 Жыл бұрын

    Sir, NBCC k upper video banaiye regarding Amrapali Projects. Kya isme paise invest krna worth full h?

  • @PK-tt8mu
    @PK-tt8mu11 ай бұрын

    Make video on high rise srushti deepmala gammon apartments in bhopal prime area,whats the reality of that project,is it stalled?is it under court case? Will appreciate clarity on it thx

  • @Sharma10910
    @Sharma10910 Жыл бұрын

    Kindly give some insights into buying a resale property as old as 10-12 years on Sohna Rd, Sec 49 Gurgaon. The rates quoted are astronomically high as compared to the seepage and construction quality of most high rises in that area. Should one rather invest in a newly constructed property in New Gurgaon with the hope that connectivity will soon improve on that side and commuting will be easy.Traffic jams are very common in Sec 49 and one gets stuck in the jam for long untill some one volunteers to clear it.

  • @Wondervariants

    @Wondervariants

    Жыл бұрын

    First please decide between myone construction and conventional construction then study land acquisition policy of Haryana you will get the answers

  • @dineshsupplier4617
    @dineshsupplier46178 ай бұрын

    Please make vedio about Hypernova mall in Sec 94 noida

  • @sonuvicky17
    @sonuvicky17 Жыл бұрын

    Sir suraksha kab start karegi construction bcz i have a shop in wish point

  • @pardeepkbatra
    @pardeepkbatra11 ай бұрын

    Very informative and analysed video. Would request to make a video on world trade centre and spire condos

  • @flatsandkeys

    @flatsandkeys

    11 ай бұрын

    thanks. Will try to make a video on same shortly

  • @rituyadav-oi15
    @rituyadav-oi15 Жыл бұрын

    Please make on gurgaon

  • @dr.abhishekdadhich3360
    @dr.abhishekdadhich3360 Жыл бұрын

    Sir make video for faridabad properties

  • @prakashdoshi3367
    @prakashdoshi3367 Жыл бұрын

    आंकडे ऐसे ही राजस्थान के बिल्डर जयपुर जोधपुर युनिक बिल्डर्स प्रा लि।

  • @prashanttiwari3884

    @prashanttiwari3884

    11 ай бұрын

    Iske konse project hai

  • @user-xi8tz6yf2e
    @user-xi8tz6yf2e11 ай бұрын

    Aliens space station in hyderabad is another 3000 families suffering

  • @toffee9113
    @toffee9113 Жыл бұрын

    Until it becomes a criminal liability no builder will give a hoot about robbing home buyers.

  • @pamanahuja9844
    @pamanahuja9844 Жыл бұрын

    Sir at the age of 21 yrs it is the time when one completes engg degree course but you say sharma ji ka beta hostel challa gaya at age of 21

  • @kunalsen2123

    @kunalsen2123

    Жыл бұрын

    PG karne gaya tha.

  • @sspadehradun

    @sspadehradun

    6 ай бұрын

    Video main kaam ke baat pakdo

  • @baldevsinghbisht1959
    @baldevsinghbisht1959 Жыл бұрын

    भाइयो गुडगांव मे भी M3M भी इसी खेल को दोह रहा है तथा आम पबलिक इसका शिकार हो रही है तथा बाद मे सरकार को दोष देगी ।।

  • @sanjay_singh
    @sanjay_singh Жыл бұрын

    M3M?

  • @ArreSidu

    @ArreSidu

    Жыл бұрын

    Yes

  • @ayushanand9212
    @ayushanand9212 Жыл бұрын

    Sara sarkar ka khel hai

  • @findingfacts7841
    @findingfacts78413 ай бұрын

    This is not fraud the company itself drowned

  • @DpakSharmaNoida
    @DpakSharmaNoida11 ай бұрын

    Zameen khareedo, Machis ke dibbe nahi

  • @vrms237
    @vrms2375 ай бұрын

    Shortcut seekers cry