26.Dec.2022
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This is the major question that arises in every investor's mind about the project’s future growth in which they have invested their hard-earned money. Jaypee greens wish town properties witnessed huge demand during its initial years of launch. A few years back it was in fact the top choice among investors. In many projects, the investors showed overwhelming interest as a result of which the towers were sold out within the first week of launch. After witnessing the peak, Jaypee wishtown property sales slowed down.
The reason behind it was that Jaypee Infra was declared bankrupt and NCLT proceedings were rolled out. As a repercussion, Jaiprakash Associates properties' rates went down.
However, due to news that Suraksha Group is taking over Jaypee Infra properties, the demand for Jaypee wish town properties are again gaining momentum after touching rock bottom. The demand for Jaypee wishes town properties again witnessed a rise after the covid pandemic. The reasons behind it are discussed below:-
For those who are interested in buying golf course-facing properties, only a few options are available to them viz. Jaypee wish town, Jaypee Greens Greater Noida, and DLF Gurugram. The cost of DLF Gurgaon properties is Rs 18 crores and above.
Jaypee wishtown properties are the nearest ones to Delhi.
Jaypee wishtown properties are the only nearest option(for golf-facing properties). The rates of these golf-facing properties are seeing a rise with the passage of time.
Jaypee Infra’s pending work to be completed by the Suraksha Group (as per the court's orders)
Soon the availability of flats below Rs 7500/- per sq ft all-inclusive would be very low.
Recently with the coming of RERA into the picture, the cost has increased even under the construction of the towers of Kalypso.
Jaypee’s Infrastructure is up to the mark, making the demand for Jaypee wishtown properties again see a rise.
Sector 128 Noida is getting highlighted due to its various ongoing projects the expected average price(after 4 years) would be between Rs 12000 - 15000/- per sq ft.
Jaypee (spreads over 1192 acres) provides space for many recreational activities.
The future of Jaypee wishtown properties would be bright with the coming of many projects in the surrounding areas.
The demand for Jaypee wishtown properties viz. (Kalypso court, and Imperial court) is rising. After the COVID pandemic, the prices witnessed an increase of 10-15% in the secondary market. Considering the present scenario, investing in Jaypee wishtown properties would be a wise investment decision. It provides a wide variety of properties to choose from viz. flats, bungalows, golf plots, villas, plots, penthouses, etc.
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