WTC GIFT City
1
Submit a Complaint
10
COMPLAINTS

WTC GIFT City Complaints & Reviews

D
deepthroat
from Mumbai, Maharashtra
Nov 5, 2022
May 11, 2023
This thread was updated on May 11, 2023
Report
Copy

Tower D - non lockable leasing

My parents and I hold 2 non-lockable units for which Viridian has given possession by may 2020 but they have not been able to put it on lease. Viridian staff is also not giving us any clarity or information on when the units will be put on lease. To add to this, we are being charged maintenance fees for the last 2 years without any sight of the income.

Please help. What is the way out here. I was hoping that these kind of issues...
Helpful
Found this helpful?
1 Comment
Report
Copy
Address: WTC Noida Development Company Pvt Ltd.
Website: www.wtcgiftcity.org

I have purchased in April'2015 1225 SQ Ft in tower B 7th floor (unit No:0711) in WTC Gift city, Gandhinagar, Ahmedabad.

The company had confirmed paying us assured returns/interest from the date when we start making the payments until the project is completed.

The project was due to be completed in september'21, which has now been delayed and the company has stopped making any assured Return payments since.br...
Helpful
5 other people found this review helpful
5 found this helpful
3 Comments
Report
Copy
S
shaurya9824
from Surat, Gujarat
Oct 13, 2021
Oct 6, 2023
This thread was updated on Oct 6, 2023
Report
Copy

Wtc gift b tower

Company has extend the date of completion of the project to 2023 and for the AR if is not paid there will pay with interest (SBI FD INTEREST OF 1 YEAR RATE) i.e. 4%, company has made a backup plan.

CAN COMPANY CHANGE THE AGGREEMT COPY WITHOUT INVESTER APPROVAL

the investor has to SUFFER (meaning in Hindi and English) still 2023 to complete the project...
Helpful
1 other people found this review helpful
1 found this helpful
1 Comment
Report
Copy
A
Ashblack
Oct 5, 2021
Report
Copy

Address: Delhi

Invested in Tower C last year. Concerned by lack of progress on the ground. I see lack of progress on Tower B too.

I may just seek a refund on my amount minus whatever cost.
Helpful
2 other people found this review helpful
2 found this helpful
Write a 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
    U
    uppma
    from Rajkot, Gujarat
    Oct 4, 2021
    Oct 6, 2023
    This thread was updated on Oct 6, 2023
    Report
    Copy

    Delay of Possession and Assured return

    I would like to bring to complaint against the WTC Gift City, . I booked in July 2016 the office space in Tower B with Booking ID GCB/01601/16-17 unit 04S2. The issues are as below
    1. The due date of the Possession was in 2018 which is continuously being delayed. Although the projects started after this project got completed till now.
    2. We were enrolled in the plan of assured return(AR) for the amount deposited. Initially the...
    Helpful
    8 other people found this review helpful
    8 found this helpful
    1 Comment
    Report
    Copy
    S
    Sushma Surana
    from Powai, Maharashtra
    Sep 29, 2021
    Report
    Copy

    Address: GIFT CITY Gandhinagar Gujarat India

    We have invested in Gift city vide customer ID GC800/14-15.
    We have not received our interests due since July 2021.
    Several communications have not been of any help.
    Helpful
    3 other people found this review helpful
    3 found this helpful
    Write a 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
      shaurya9824
      from Surat, Gujarat
      Sep 13, 2021
      Report
      Copy

      I have book 1 unit wtc B tower and it was about to complete by 2018 as the payment is given but still 2021 project is not completed and now the assured return also stop and there is not update form the company about work process of tower
      On 04.10.2021 I have booked my complaint against WTC on https://pgportal.gov.in ( Portal managed directly by the PMO). It is kindly requested to complain there also so the the voice of many people is heard collectively
      Ashblack's reply, Oct 5, 2021
      Which section did you complained it under? I may do the same.
      uppma's reply, Oct 6, 2021
      other administrative and public grievance(Last Option)
      shaurya9824's [Complaint's author] reply, Oct 10, 2021
      THERE IS AGREEMENT BETWEEN GUJARAT INTERNATIOANL FINANCE TEC-CITY COMPANY LIMITED(GIFTCL) A GOVERMENT COMPANY AND DEVELOPER TO SET UP COMMERICAL BUILDING IN THE NAME OF WORLD TRADE CENTER GIFT CITY (as per agreement copy) AND STILL NO ACTION AGAINST THE DEVELPOER AS PROJECT GOT DELAY . WE SHOULD APPROACH GIFTCL TO SLOVE THE MATTER
      On 04.10.2021 I have booked my complaint against WTC on https://pgportal.gov.in ( Portal managed directly by the PMO). It is kindly requested to complain there also so the the voice of many people is heard collectively
      shaurya9824's [Complaint's author] reply, Oct 9, 2021
      I too am planning to go RERA court and file a case against wtc as ones person from tower B has won the case and now its sure the company is not going to give assured returns
      Helpful
      3 other people found this review helpful
      3 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
        S
        Sushma Surana
        from Powai, Maharashtra
        Jun 19, 2020
        Report
        Copy

        We have invested in gift city tower B wherein it was agreed for an assured monthly return on the invested amount. This assurance was the sole purpose of our investment. But now the developer have failed to make payment s since February 2020. When we communicated with them they said they were unable to do so because of the lockdown but with the assurance that as soon as their office becomes functional after the lockdown they would be able to do so. But now they are wanting us to agree to their migration plan which is very one-sided and not suitable to us and hence not making any payments due to us as agreed by them while entering into an agreement and after having promptly received the investment instalments from us as and when demanded. How can they stop our payments and force us to accept their migratory proposal not suitable to us?
        Helpful
        5 other people found this review helpful
        5 found this helpful
        Write a 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
          C
          chandrasen bhatia
          Mar 25, 2020
          Report
          Copy

          Address: Gandhinagar, Gujarat
          Website: www.wtcgiftcity.org

          I have invested in gift city, gandhinagar since 2014 into 2 offices (Tower-b) and one studio apartment (Tower-c). Until jan 2020 i was getting my assured returns which was in the agreement for all 3 units but all were delayed by 20-25 days. But unfortunately right now i have still not received my assured returns for the month of feb 2020 and inspite of several reminders/request sent to them, there has been no response from them. All the towers have been delayed in handover and i think the company viridian is running in big financial crisis. I don't understand what is rera doing in this case as lots of people have registered complaints against them but no action has been taken so far.
          Mar 30, 2020
          Updated by chandrasen bhatia
          I have received call from WTC that my matter has been taken to higher management and will be resolved asap. Thanks
          did your matter get resolved by WTC? I have not received returns for last couple of months so appreciate your feedback...this will help us deciding next course of action
          Dilipg16's reply, Jul 6, 2020
          Did you receive assured return from WTC? I have not yet received any response.
          Until today nothing is received by any of the WTC Gift city. I understand similiar status to other WTC in Noida. Case must be filed
          IanD's reply, Sep 1, 2021
          We too haven’t received the AR since, post the migration, except for the month of March 2021.And now nothing.Is there a group being formed to tackle this company
          https://www.linkedin.com/in/money-plus-consultancy-services[protected]b/?origina...

          This profile is not available

          so any other link to get the more information as i have invested in b tower and assured return have being stop
          Ashblack's reply, Oct 5, 2021
          https://in.linkedin.com/in/money-plus-consultancy-services-62778818b
          Namrata Parikh's reply, Nov 3, 2021
          Please even I m from surat...can u let me know what should be done as even I hav invested in wtc Gujarat B Tower.
          And even I hav not been getting interest.
          Helpful
          19 other people found this review helpful
          19 found this helpful
          3 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
            C
            chandrasen bhatia
            Jul 3, 2019
            Report
            Copy

            delay in the project

            Address: Gandhinagar

            Dear sir,

            I had invested in 2 offices in wtc gift, gandhinagar in 2014 and was informed that the handover will be in oct 2018 but until now i have not received the handover and there is no update from the developer when it will be handed over. The construction work has stopped from last 6 months and it seems that the developer has no funds to complete the project. Iam surprised that why rera is not taking any action against...
            Helpful
            10 other people found this review helpful
            10 found this helpful
            Write a comment
            Report
            Copy

            WTC GIFT City Recent Comments