Jaypee Kosmos Review

Jaypee Kosmos in sector 134 Noida was launched on the non-golf course facing side by Jaypee group in year 2008. It had the advantage of getting launched at a time when competition was less. However, with the surplus of options available within, Jaypee Kosmos was never an investor’s paradise which it was earlier thought to be. After an unexpected delay, physical possession got started by this year beginning and the general feedback is satisfactory.

Courtesy: Shared by owner
Courtesy: Shared by owner

Lets look at the Pros and Cons:

Pros:

1)  Satisfactory quality: Considering its a low/mid budget segment project, delivered quality is satisfactory. Especially the structural quality is good.

2) Maintenance: Maintenance of Jaypee is good. The Facility management services of Jaypee has done a decent job in looking promptly at issues pointed out thus far. However, currently, there are so far only 15-20  families who are staying in this project.

3) Location: Location is excellent. Just opposite to sector 93 on one side and with a number of world class schools in front, it cant get better than this.

Cons:

1) Surplus supply. There are around 80 towers in Kosmos. This makes way for a surplus supply. Hence, prices and rents are both expected to be under check within the project. It is hence suggested that preferential park facing units be chosen.

2) Inferior fittings. The interior fittings are inferior when compared to a project like Gulshan Vivante or Purvanchal royal park sold at same price which makes it aesthetically less preferable.

3) Super Area increase. Super area has been increased by almost 7% which is a dampener for those looking at a good carpet area to super area ratio.

Our take:

Rental meter: 6/10

Investment – Short Term meter (Resale Potential): 6/10

Investment – Long Term meter (Resale Potential): 7/10

End use meter: 8/10

Last updated: April 6, 2017 at 13:32 pm

5 thoughts on “Jaypee Kosmos Review

  • July 25, 2015 at 6:37 pm
    Permalink

    Would you pls review Elite Homz in Noida Sect 77?

    Reply
  • July 1, 2017 at 8:01 pm
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    Putting this review for those who wants to come in Jaypee Kosmos Sector 134 for Rent. I moved in 2 months back as this location was near to my office. I want to highlight few things which one looks before moving to new place. So let me start with Pros of this society.

    Pros:

    1) Very good open green area- it has 3 parks which are well maintained.

    2) Option of 2 and 3 BHK flat in easy rent. 2BHK you can easily get in 9000 (Including 2.5K maintenance ) and 3 BHK in 11-11.5K (Including 2.5K maintenance) . Paying more than this is worthless here.

    3) Good connectivity to Jaypee Hospital,school,office provided you should have your own vehicle.

    4) Occupancy is very less , so you don’t feel crowded.

    Cons –

    1) Lot of Under construction building around you, it feels little bad to see those around you and also get construction noises.

    2) No Club house facility, Japee does not give CLUB house facility as its not complete. Broker will say you that You can use Jaypee Klassic property , but thats not true , as per jaypee rules ,club/gym can only be use after payment of Rs 25000 . So please be clear on this part, as I came to know about this after joining, and please note after payment of Rs 25000 you will get only Gym, no Swiming pool,other club facility.

    3) Construction quality if very poor. I feel all window and door can be broken with a little pull. It seems they forgot to mix Cement in Sand which constructing. Bathroom item, kitchen , lighting, flooring is poorest of poor quality. needs frequent maintenance.

    4) Future of development is this project is minimum , as we all know Jaypee group condition.

    5) This has only 1 Kriyana shop inside for daily things milk etc. It charges extra for everything, as you all know the concept of Monopoly. For any small thing at least you need to travel 7-8 km.

    6) Security – Inside apartment security gaurds are doing fairly good job. But Outside apartment is lonely area , you can not come late in this area , be strict with your timings.

    7) With electricity bill – there is flat charge of ~1500 ruppes which you have to pay, your bill will come above this, for example, if you consume 1600 electricity, your bill will be Rs 3100( Rs 1500 flat + 1600 )

    8) Maintenance service is not up to the mark. you have to run behind the people, Jaypee(FMG) does not have enough people to work.

    9) There is no public transport facility in this area.

    Reply

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