Jaypee Kosmos Noida Expressway

POSTED BY DEEPTI (INDIA) 12 DEC 2010 on www.indiaspaces.com
I heard rumors that Jaypee has diverted all resources and funds for Taj Expressway. I just hope that Jaypee lives up to their promises.

REPLY BY JEETENDER GUPTA, CEO, INDIASPACES.COM
dont believe in rumours. even otherwise most projects are construction linked and if developer does not reach next stages then developer cannot demand more payments. those people make mistake who avail down payment plan for some discounts. they create problems for themselves as well as for others. construction link is the best plan to keep developer under pressure. normally 30-35 percent cost is land cost. a developer may divert this money or repay it back if borrowed and then put the construction linked to installments. that is the recommended business plan. and upto that even if a developer is doing that i see no issue.

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BPTP Parklands Faridabad Phases I, II and III

POSTED BY NEERAJ (INDIA) 07 DEC 2010 on www.indiaspaces.com
We keep on hearing Phase 1,2,3 of BPTP Parklands. Can anyone pls throw some light on which sectors/projects are covered in which phases?

Reply by Jeetender Gupta, Indiaspaces.com
officially there are no phases. It was a terminology BPTP used during marketing days but subsequently withdrew when allotments happened. blocks P-Z are referred as phase 3 which fall in sec 75-77. blocks A-N are called phase 1 and 2 which could be further divided as A-F (sec 82, 85, 88) and G-N (sec 83, 84, 89).

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