Viridian Red
1
Submit a Complaint
34
COMPLAINTS

Viridian Red Complaints & Reviews

V
Vaibhab Sinha
Sep 29, 2017
Report
Copy

Address: New Delhi, Delhi, 110020
Website: www.viridian.red

Connectivity between delhi to gurgaon created a huge commotion. Passengers can now reach the millennium city from the shopping hub of connaught place in delhi within an hour. The same distance by road could take up to an hour and a half. The buzzing gurgaon real estate is exciting the potential customers and gearing for the expected increase in demand. A number of new projects are being lined up to take advantage of this gush.

An upcoming project in gurgaon is spire edge that is being constructed at a new it park in manesar. Mgs architecture on their website described it as ‘an iconic landmark in india’. The 21-storey building aims to accommodate commercial spaces, auditorium, gallery among other facilities. There are rumors of a hidden scam despite all seeming good on the exterior.

In 2008, ashish bhalla announced the project, spire edge at a press conference and stated that his company sfvipfl (Sphereinvest viridian india property fund ltd.) will invest 20 million dollars in the rs. 400-crore project, which would be managed by an buildwell but with a condition that the projects of an buildwell will be managed by his own initiative “spire world” and he would take charge of the entire project. An asset manager would also be appointed by sfvipfl who will have complete entry to all confidential information and important documents of an buildwell. If the rumors are true, he is using the company’s resources for personal gains and is also involved in money laundering for the same.
+3 photos
Sep 30, 2017
Updated by Vaibhab Sinha
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. Fate of his present ventures wtc and viridian group is unknown and if the investors in these ventures, like his previous venture, will also lose their life savings
Sep 30, 2017
Updated by Vaibhab Sinha
Law has finally caught up with ashish bhalla, the promoter of viridian group and managing director of an buildwell. The economic offence wing of delhi police has informed the district court saket, new delhi that it will soon arrest the absconding developer. Bhalla's first venture an buildwell is under liquidation with investors having lost everything. Investors who have purchased flats in his ventures viridian and wtc (Mohali, noida) are lining up to get their money back. With bhalla having vanished there is no possibility of that happpening.
The marketing umbrella is Viridian and WTC. Projects referred to Sector 106 gurgaon is owned by magic eye developers (license in name of MED), Noida WTC is owned by Spire techpark noida (ultimate owner is Bhalla). Sending you ownership docs - Viraj will need to explain them
MeraGharMeraHuq's reply, Oct 2, 2017
Baba re! You are caught Mr. Fake Account. Seems your masters are sending you details and content to post and you blindly sharing that on the internet. Bhai atleast you should read the stuff.

For rest please read this comment made by Ahmedkhandelhi (a fake profile created yesterday i.e 1st Oct 2017).

"Sending you ownership docs - Viraj will need to explain them" - The masters are sending details and the fake team is working! Carry on guys! Carry on spreading lies!
MeraGharMeraHuq's reply, Oct 2, 2017
Viraj kyon hai? Number to bata do!
"Promoters of WTC/Viridian/AN Buildwell group under arrest orders of Delhi court, and absconding"

Ashish Bhalla and other directors of real estate group AN Buildwell, who market their projects with brand name of viridian and WTC are absconding. Arrest warrants and LOC's are out against these persons.
What will happen to the customers who have purchased real estate under the umbrella of WTC, Spire edge and spire woods and viridian? How will assured returns paid and will three companies also go under liquidation and will customers lose everything?
MeraGharMeraHuq's reply, Oct 2, 2017
Bhai koi Indian naam se ID bana leta! Fake account and firang id. wah wah!
Ashish Bhalla and other directors of real estate group AN Buildwell, who market their projects with the brand name of viridian and WTC are absconding. Arrest warrants and LOC's are out against these persons.
You guys are committing crime by creating panic among the WTC buyers by spreading false news. Here is the actual news published in the Economic Times. All the buyers should read this.

http://realty.economictimes.indiatimes.com/news/regulatory/gurgram-builder-arres...

The actual story is that the real directors of AN Buildwell are being arrested by the EoW for duping the buyers. And therefore, these directors are trying to create panic into the market by dragging others into the mess like Ashish Bhalla. It is their deliberate attempt to malign the reputation of WTC Noida, a project which is doing extremely well in the market. It is being developed as per the times lines. In fact, two of its phases are already completed and delivered.

So Mr. Vaibhab Sinha, James Jose and others behind this paid propaganda, let me tell you one thing. It is crime to create panic among the buyers who are already under threat in this market conditions. You all are criminals as you are maligning the reputation of an individual and the projects which are doing good, thereby hurting buyers' sentiments by spreading false rumors.

You talk about the buyers and investors of WTC, why don't you talk about the buyers of AN Buildwell. If you guys are so worried about buyers' interest, why don't you guide the buyers of AN Buildwell and let them know by when they shall get their investments back, or will they ever get it???
Is AN Buildwell Ashish Bhalla's venture? If this is so then you are putting a question mark on everyone, the buyers, the authorities, the auditors, the law and even the media which reported few days back that AN Buildwell's promoter is Mr. Surender Kumar Hooda. Here is the link.

http://realty.economictimes.indiatimes.com/news/regulatory/gurgram-builder-arres...

Second, it is not Ashish Bhall and other directors of AN Buildwell, it is Surender Kumar Hooda and other directors of AN Buildwell. Do not misrepresent the facts. You are playing with the law. You can be charged for this. Mind You!

Also, why are you so worried about investors and buyers of WTC projects. Just don't worry, they are doing good. They are getting their returns well in time. The projects are being developed well on time. On the contrary, it is AN Buildwell and its directors which have defaulted. Show some concern for them.

What are the plans for revival of AN Buildwell, when the projects are being completed? Whom should all the buyers contact for all these?

Stop spreading false news. Come to the point. You are no one but the paid content marketers of AN Buildwell's directors Surender Hood and Gandhi. You are trying to deviate market attention to other people and projects. Let me tell you, this propaganda of yours will never be successful. It is the era of information and people are smart enough to differentiate between real and fake news. Grow Up!
One thing is good about your fake accounts - you are spreading the lies really fast.

This is what you are doing -

1. Create flashy titles
2. Make sure your fake accounts add same images in all the posts
3. Write fake / cooked up stories to divert attention
4. Seems Hooda and Gandhi of AN Buildwell are after this paid activity

STOP YOUR LIES. Immediately.
Same content. Same order of posting the content. Why are you guys spamming the forum with your fake lies?
It is indeed very shocking to see the promoter of A.N Buildwell and Viridian WTC Mr.Ashish Bhalla has committed such a nasty scam of nearly Rs.2, 000 Crores. And his passport is now impounded, Mr.Bhalla has no other choice than surrendering.
Ashish Bhalla Viridian RED is the real estate division of Viridian Group, run by Mr. Ashish Bhalla. In the first phase of WTC Noida, which is complete and operational, two eight story towers are absorbed by Vivo, a Chinese mobile company. Two towers, Tec 1 and Tec 2 these are fully operational and have multi-tenant offices, serviced offices and retail spaces. The first phase is complete and is 30% of the total structure. The second phase of construction of WTC is in progress.
Helpful
Found this helpful?
10 Comments
Report
Copy

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Jame Jose
    from Delhi, Delhi
    Sep 25, 2017
    Report
    Copy

    All over india, the second decade of the millennium held some great promises for realtors, builders and property buyers. While most of mumbai’s capital prices rose in double digits, regardless of the already high base prices, up north, golf course road in gurgaon yielded the best returns for property investors across the nation.

    2010, a promising year in real estate
    The positive trend in real estate across the nation was witnessed with exciting trends cropping up across delhi ncr, gurgaon, mumbai, bangalore and a host of other cities around the nation. The largest quarter on quarter appreciation, for instance, happened in north delhi where investors were able to get a 28% return within a single quarter between 2010 – q4 and 2011-q1.

    Taking advantage of the boom
    Such positive trends are bound to attract a few bad apples who are happy to take advantage of this boom. Enter ashish bhalla, of sphereinvest viridian india property fund ltd, a foreign fund company, also known as millinneumspire who signed (A rather one sided) deal with an buildwell to invest in spire edge, a project taken up by the latter.

    Bhalla is accused of taking over control of all the financial and administrative rights of the companies only to swindle the money for personal gain and for expenses to be made in other private projects that had nothing to do with an buildwell.

    It is no surprise that property buyers, realtors and agents today get increasingly wary of dealing with builders, because of the break in trust by a few members of the industry.
    Sep 25, 2017
    Updated by Jame Jose
    Sources :
    https://www.consumercomplaints.in/world-trade-center-manesar-sign-spire-edge-wtc-fraud-in-noida-and-manesar-by-spire-tech-and-spire-edge-c998037
    I make it a point to watch all news related to SpireWoods and SpireEdge every day before I start my day in the office. You may ask “Why” – Well my only objective is to get my home! My home that’s in SpireWoods. My home that AN Buildwell is not giving back. My money which has been looted by Hooda and Gandhi!

    The story above is good! And I can prove that this is again a seeded story. Seeded because this is planted by Hooda and Gandhi of AN Buildwell. I would like to invite the writer of the story (FICTION) to meet.

    By the way, have asked so many people before who have written #### about someone who is not even remotely involved. Why give directions? Why spread lies? Why? Why Fake news? Why all this Hooda saab / Gandhi saab?

    Once again

    1. If you have a problem – come together – Join FOSECA - lets fight in the court - the right way!
    2. If you are a real person who has his money invested with these frauds – Hooda and Gandhi – Lets meet – these FORUMs are no good to shout!
    3. If you are a paid media – Stay away – this is real stuff – please understand our challenges are REAL.

    Rest ABOVE STORY IS FAKE. Totally Fake. Nothing more than well-written English.
    What has happened to all FAKE Accounts. How have they suddenly got active and posting #### every where? Why?

    WHY FAKE STORIES? WHY? What are you guys trying to achieve?
    Helpful
    Found this helpful?
    2 Comments
    Report
    Copy

    Post your Comment

      I want to submit Complaint Positive Review Neutral Comment
      code
      By clicking Submit you agree to our Terms of Use
      Submit
      Amitabh Bhatt
      Sep 25, 2017
      Report
      Copy

      Address: 122002
      Website: www.viridian.red

      The real estate industry is infamous for being unethical. Right from the small brokers to the big players, many are guilty of lack of transparency which often breeds dishonesty.
      Thankfully, this is changing. More and more realtors have realised that if they want to flourish in the long-run, they need to be trusted. This change can also be attributed to introduction of new laws and regulations over the years. The influx of responsible foreign investors who lay emphasis on highest quality of product and service have also contributed to this shift.

      The black sheep bring a bad name

      However, some realtors continue to abuse the system for personal gains and in the process they bring a bad name to the industry. It is believed that spire edge, a project by an buildwell in gurgaon is a victim of dubious dealings. Ashish bhalla of viridian india property fund ltd, a foreign fund company, also known as millinneumspire invested 20 million dollars in spire edge on the condition that he would have undisputable controlling power on the resources and finances. The news that he siphoned off the company’s funds in his favour should not come as a surprise.

      How realtors can be ethical

      It is very important that real estate companies honestly and accurately record and report all business information in compliance with applicable laws. It is not enough to know laws about bribes, kickbacks and bartering arrangements, it is important that the company follows them. Besides, they could set up an internal compliance team to prevent improprieties, conflicts of interests and insider trading. Realtors should also not attempt to induce the client to take the desired action by means of misinformation.
      +1 photos
      The marketing head of our company referred about how Search Engine Optimisation helps companies to succeed. I was also told that creating valuable content gets you in the eyes of Google. He told me how google works around certain keywords.

      Now you must be wondering why am I sharing all this here. Well surprisingly there were few fake accounts created yesterday and all of them have a single minded focus. Divert the attention of the investors of Spirewoods and Spireedge - projects by AN Buildwell.

      They say when you cannot convince people, you confuse them. You bring out Fake News! SEO inspired articles and you put it every where on the net.

      Stop it please! I have said it in the past and I will say it again. What are you trying to achieve Mr Amitabh Bhatt?

      Once again!

      1. If you have issues - join FOSECA - together things happen!
      2. If you are real - Let’s catch up for a cup of coffee
      3. If you are fake and we all know it
      4. What’s your intention? Be clear?
      5. ConsumerComplaints.in stop allowing such fake people to share fake content like this!
      Helpful
      Found this helpful?
      1 Comment
      Report
      Copy

      Post your Comment

        I want to submit Complaint Positive Review Neutral Comment
        code
        By clicking Submit you agree to our Terms of Use
        Submit
        S
        Shravan Mattapalli
        Jan 24, 2017
        Report
        Copy

        Address: 535001

        Hello guys,

        I am looking to purchase in WTC Noida phase 3. And waiting for the comments from this group. Could anyone of you please share the information on what happened in last years. Are the assured returns are coming on time and are there any progress and are there any rentals coming? I understood that WTC Noida has been leased out completely .Is that true?
        I have invested in Ph 2 with 1000 sq ft in May 2016 .So far I have been getting my assured return on 1st of every month

        regards,
        Shubhankar Mitra
        [protected]
        Helpful
        Found this helpful?
        1 Comment
        Report
        Copy

        Post your Comment

          I want to submit Complaint Positive Review Neutral Comment
          code
          By clicking Submit you agree to our Terms of Use
          Submit

          Viridian Red Recent Comments