Real Estate Boom to Burst | Lessons for House Buyers | Jaypee Infratech Case Study скачать в хорошем качестве

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