Reported By: Shubam Aggarwal
Contact information:
WTC GIFT CITY Gandhinagar
https:// www.wtcgiftcity.org/
I would like to make you note about Virdian Red/WTC miscommitments & how they are misleading & diverting investors interest at GIFT. They are spoiling overall investor’s confidence/culture & faith in Gujarat GIFT. I belong to Assam & has invested in Gujarat GIFT only to safeguard my interest that everything in GIFT is backed by many licences, approvals & due diligence but WTC group has defaulted their financial commitments to investors alike me & has not even progressed/concentrated on their construction status. I have invested in WTC-Tower C, 15th floor on 2021 when they were at almost 1st floor & now on April 2023, they are about to cast 2nd floor. At such speed I can never see that they can deliver the project under RERA guidelines which ends next year & ultimately investors would be suffering. They promised me monthly returns on paying 90% of propery amount but since last 6 months I couldn’t receive even proper communication from them beside agreed payout. The building is to be raised till 18th floor & as discussed it stands far from completion till RERA deadline. At this will request to please atleast put an audit & scrutiny on such companies & protect investors confidence so that our PM & Nation vision stands high. Infact of taking 90% with many investors alike me neither they kept financial nor work commitment.
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