Wtc Noida — WTCNoida.org Viridianred Property Fraud

Address:	WTC Noida Development Company Private Limited 5-D, Plaza M-6, Jasola District Centre New Delhi - 110025
Website:	www.wtcnoida.org

Dear Sir,

Reg. WTC Noida Development Company Private Limited

I had booked a virtual space of 450sq ft during Nov 2013, under customer ID - SN429 in Signature Tower, which is already delayed and they should even pay penalty on not giving the possession timely by[protected] as informed during booking the project. We being overseas customers they are taking advantage of, believe me if from big companies like WTC world recognized brand we start witnessing such delays and financial issues, How will we NRI's trust any investment to be done back home in our own country.

Company had committed assured return @ 12% Per Annum on a monthly basis. I had paid the 10% booking amount on 06/11/2013 and rest 90% on 14/02/2014.

Now the company WTC Noida Development
Company Private Limited 5-D, Plaza M-6, Jasola
District Centre New Delhi - 110025 breach the terms and is not ready to pay assured return cheques on a timely basis and are just giving excuses, more over had stopped paying the same since end of 2019 until Feb 2022. And presently also delaying the payments month on month giving same typical silly excuses of accounts reconciliation process going/carrying on, then they start paying for a month and again hold with same excuse of reconciliation, are we customers fools.

Kindly look into this matter and instruct to the company i.e.
WTC to give me the 1% assured return cheque/wired transfer on a monthly basis on time, with penal interest of 1.5% per Month as per terms 8.7on pages 05 as company terms on recurring charges (Vis a vise).

I may add that the company is not providing me the proper documents i.e.
Calculation of interest /Assured Return and power of attorney of the authorised signatory.

The company are realizing the extra money @ 18% P.A. even in certain cases more than that as late payment charges without paying the assured return @ 12% P.A The Company is realizing the interest on service tax and is not providing the detail interest chart to the customer. The intention of the company is evasion of Service Tax so please instruct to the concerning authority to check the service tax calculation of Service Tax No. AALCS6345LSD001 i strongly believe there would be more than 100's of cases of assured return pending with the company, my voice goes for the support all of them.

Kindly take a strict action against the company, its directors, officers and authorized signatory in order to resolve this issue. Please set an example that NRI's should not to be taken for granted.

Thanking You
Pankaj Oberoi