Viridian Red Complaints & Reviews

Sir,
I had bought a non lockable unit of 525 sq.ft at WTC NOIDA project in 2017 from the developer M/S SPIRE TECHPARK PRIVATE LIMITED, now called as VIRIDIAN RED . Corporate office is located at GF 09 PLAZA M5, District Centre, Jasola New Delhi 110025. The space was leased out with a cluster of other such adjoining units as a large unit to a common tenant VIVO Mobile India Private Ltd by the builder . RSK Professionals Private Ltd...

There was an agreement with viridian red that invester will be paid interest if paying the amount upfront for studio at WTC gandhinagar .. Due to covid they delayed the payment with an agreemet to restart it after fixed duration as per the option selected by invester. Now the interest payment should restart as per the agreed Deferrment period. Sent multiple reminders to CRM team but no response....

I did registration of my office space in Tower A of the WTC in GIFT City Gandhinagar more than an year ago.Eversince, company has been charging for maintenance but there have been no response regarding the leasing.We have given authorization to WTC for leasing on our behalf and hence cannot do anything except for builders response..Everytime we approach them, we get the response that the tower A leasing is almost 75%complete and they are...

I have booked the unit in 2014. I am not receiving the Assured Returns since April 21. Also company has not yet completed the project.

Site Office. WTC GIFT City, Block 51, Zone-5, Road 5E, GIFT City, Gandhinagar – 382355 Gujarat...

They have stopped the assured returns in the execute of corona, they have taken all the money upftront and diverted the funds. They have stopped work on tower one-D from long time. Forget about assured returns, the project completion itself is in doubt. One-D's construction is stopped from more than 6 months...

I had invested in wtc gift in gandhinagar in studio apartment (Tower-c) in 2014 and this property was to be handed over in 2019. Now the developers are saying the work has just started and this project will delayed by atleast 2years. Iam not getting any proper information that why there has been such a long delay and what compensation are the developers giving us?...

GIFT City Construction Progress - April 2018

GIFT City - India’s 1st Under Construction Smart City on the bank of the river Sabaramati near Gandhinagar, Gujarat.

Left to Right: Signature Tower, GIFT One Tower, GIFT Two Tower, Brigade Tower (Under Construction), World Trade Center (Under Construction)
IFT City Completed Buildings:

GIFT One Tower in DTA - 28 Storey :: Occupancy 80% :: Major...

I have been investing in real-estate for quite some time and know how builders fool innocent buyers and investors. This time the issue is quite big as an buidwell's former management team - sunil gandhi and sk hooda are the two promoters who have been deceiving many by not providing houses after taking the money for their building project. This is such a crisis situation for all the investors....

Viridian red who has developed india’s largest wtc (World trade centre) at noida and hence provided companies to expand networking and seek business growth under one roof. The man behind all this developments and timely execution of projects ashish bhalla is certainly not guilty. There are some people in the market who are trying to malign his image among the investors. I have invested my money in the wtc noida project and trust me i'am...

Developer like viridian red and their project wtc noida which are good investment options for earning regular income as these offer high rental yield compared with residential properties. I don't thin the man who is leading the project is involved in any kind of a scam. It's just some people or you can say competitors who are trying to defame his image among the buyers and investors....

I am hearing some rumors about ashish bhalla which is really disturbing. I don't know how authentic this information is but i've recently invested in wtc and now after hearing all this about ashish bhalla i am really worried. I know how genuine the brand is and believe in it. I don't think bhalla can cheat his investors. I think this is only a marketing gimmick by other players, nothing more than that....

Being an investor in wtc noida project, i feel really disappointed when i come to these forums and find maligning posts about people who are doing great job in real estate sector. Yes, i am talking about ashish bhalla, the man who is developing wtc projects in noida, chandigarh and gift city.

It is simply beyond my understanding why some people with vested interest are targeting to defame ashish bhalla whereas he is the man...

I don't believe this. I am an investor in wtc chandigarh and i'm receiving great returns. I don't know the authenticity of these rumors. Mr. Bhalla is behind the project and truly speaking i haven't faced any issues till date. I want to tell people that it's just a rumor rolled-out by the competitors. Wtc is a global name and it's a decent option for the investment...

Ashish bhalla was not only holding the position of an alternate director during the period 30th january, 2008 to 30th march, 2009 but as per the auditor reports of the period 2009 to 2013 ashish bhalla was shown to be the key managerial person in the company and this was the period when maximum amount was siphoned off from the company. The reports show that around inr 10 crores were allegedly utilized in different companies wherein either...

When the innocent purchasers / investors of flat were waiting for the timely possession of their flats of spire wood, little they know that their hard earned money was getting siphoned off by mr. Ashish bhalla, if the investigation in anticipatory bail case are believed to be true.

Reportedly, the investigation has revealed that the kingpin of spire world, spire wood – mr. Ashish bhalla was not only holding the position of...

Court has finally taken action on ashish bhalla for using investors and customers money for other private projects under his company viridian red. Mr ashish bhalla and his rogue gang spend all their energies in fooling the innocent public by showing their lured marketing plans. They knew how to play with our legal system and to get away with it so easily. Justice has been served!!...

Hi,

I’d like to share my personal experience of being associated with spire-edge where i invested time and money in vain. I have followed this right from the beginning and i’m confident that the man behind the whole scam is ashish bhalla who took the investors money and rotated it for his personal projects. He secretly redirecting his assets, business leads from an buildwell for his own benefit. This leads me to question...

Hi,

I’d like to share my personal experience of being associated with spire-edge where i invested time and money in vain. I have followed this right from the beginning and i’m confident that the man behind the whole scam is ashish bhalla who took the investors money and rotated it for his personal projects. He secretly redirecting his assets, business leads from an buildwell for his own benefit. This lead me to question...

Gurugram 27th september 2017: spirewoods, a resident project was launched in sec 103, gurgaon by a n buildwell pvt ltd in the year 2011 in which around 500 buyer’s booked flats. As per bba the possession was due in 2015 while the work was stopped at site before possession date. The company went into liquidation in march 2016 as per the orders of delhi high court. Case in this regard is still going on told priti nath, spokesperson spirewoods...

Developer ashish bhalla's passport impounded

Promoter of an buildwell and viridian-wtc group ashish bhalla's passport was impounded by the saket court in delhi. He has been directed to appear before economic offences win every day until october 8, 2017, after which interim bail will lapse. Bhalla is the propounded of assured returns schemes in which hundreds of investors have lost their life savings. His previous venture an...

• interim bail application has not been granted.
• interim arrest protection has been provided till 9th october 2017 when the matter is listed
Again before the hon’ble court.
• ashish bhalla’s passport has been confiscated
• ashish bhalla has to visit and give his hazri everyday to eow, mandir marg, delhi

Few facts which were crystal clear after today’s application was heard :br...

Ashish bhalla - mastermind behind viridian red scam

Ashish bhalla, headed spire-tech and spirewood, who initially front faced on behalf of sphereinvest where they invested 20 million dollars into the projects after joining hands with an buildwell. Once he got control of the company through his initiative spire world ashish bhalla, his close confidents squeezed out crucial agreements and contracts of an buildwell signed and...

Promoter of an buildwell and viridian-wtc group ashish bhalla's passport was impounded by the saket court in delhi. He has been directed to appear before economic offences win every day until october 8, 2017, after which interim bail will lapse. Bhalla is the propounded of assured returns schemes in which hundreds of investors have lost their life savings. His previous venture an buildwell has give bankrupt and the company is under liquidation....

Buying a dream home is the largest decision being made by a person and there are a number of concerns and fears associated with it. Loss in property value, affordability of mortgage payments, maintenance cost, tricky mortgage and buyer’s remorse are among the most popular concerns related to buying a new property. However, a number of methods can be initiated to overcome this fear and make a sound purchase decision.
Prospective buyers...

The real estate industry is quite perplexing and the buyers need to perform regular checks to authenticate and validate information being advertised. Sometimes political and cultural facts affect the purchase decisions, particularly when it is about buying a new home or a commercial space in a well-known suburb.
Even though indian real estate industry is rising and will be a global leader in the upcoming decade, there are many concerns...

Real estate sector is not only the most globalized, but also the 2nd largest source of employment in the country. Despite this, it is one of the most challenging industries both for real estate agents and for consumers as constant analysis is required for establishing a good and transparent deal.
According to a research, india’s real estate industry will be the global leader by 2030. Real estate (Regulation and development) act...

People who invested in spire edge and spire wood, a project was taken up by an buildwell ended up mired in controversy by its very own founding members.
For those who know, sfvipfl (Sphereinvest viridian india property fund ltd), a foreign fund company had signed a deal with an buildwell to invest in spire edge, a project taken up by an buildwell.
However, invested interest, ashish bhalla clandestinely diverted resources of...

Gurgaon and the ncr region is in the favorite books of real estate developer as well as investors.

Why?

Because the city has emerged as a preferred destination due to the availability of superior buildings, malls, a multi-cultural and diverse population looking to work in and settle for hordes of multinational operating in the ncr.

While the erstwhile central business district of connaught place...

Numerous scams occur constantly in the real estate industry where consumers have no idea that they are being tricked in the name of best property deals. Consider the recent events carried out by viridian red private limited at the back of genuine promoters and directors associated with an buildwell during the spire woods project.

With rising competition in real estate property, the most effective growing sector in india, there...

The real estate industry has always been infamous for being scandalous, be it the small or the big players in the market. Many are guilty of lack of clarity which often leads to dishonesty. But this is changing. Realtors have realised that if they want to flourish in the long-run, they need to be trusted. New laws and regulations are primarily over the years are the reason for the change. Increase in responsible foreign investors is another...