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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Ghaziabad > Colista Towers Sector 1, Vaishali, Ghaziabad
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Old July 31 2012, 06:27 AM   #1
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Default Colista Towers Sector 1, Vaishali, Ghaziabad

I saw ad of this project , looks interesting. It's close to Delhi Border opposite Hotel Radission, on a wide road. It's offered at 5250 (in pre launch stage). Can I request members for their advice from investment perspective. It's 0.3km from Delhi Border and semi luxury flats.

 
Old August 3 2012, 06:16 AM   #2
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Can you please share the ad you saw of the project or the source..thanks
 
Old September 30 2013, 01:41 PM   #3
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Originally Posted by Rockthebotto View Post
Can you please share the ad you saw of the project or the source..thanks
these guys are real frod..... Its more than a year since i hav booked a flat in this project....and still they are not able to launch it..there seems to be a real issue related to land at which this project is set to be launched...
 
Old September 30 2013, 02:43 PM   #4
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Yes I agree . This looks to be a fraud project . Developer is also new .
 
Old October 24 2013, 10:04 AM   #5
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Be careful in investing this project. This is a Great fraud. The owner Mr Rana Tiwari r/o E-162 Greater Kailash-II is a great cheater. He has deceived me by holding my hard Earned money of Rs 10,80,000. He has not even seeking the approval of the project from GDA. He is not even refunding my money.
 
Old October 24 2013, 10:08 AM   #6
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If any one has already invested in Colista Tower. Please join with this forum to register a complainst against Mr Rana Tiwari owner of KW International Holding and owner of Colista Tower.
 
Old March 8 2014, 05:16 PM   #7
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Originally Posted by Rajinder1971 View Post
Be careful in investing this project. This is a Great fraud. The owner Mr Rana Tiwari r/o E-162 Greater Kailash-II is a great cheater. He has deceived me by holding my hard Earned money of Rs 10,80,000. He has not even seeking the approval of the project from GDA. He is not even refunding my money.
Let me know what you think?

I am an investor in Colista Towers as well. After seeing some of the comments on this forum I was disturbed. However, after reaching out to K W International Holding to express my concern, these are the facts:Any delay in the project is due to a delay at the GDA (Ghaziabad Development Authority) end.
KW International has not solicited any direct funding from the public and has only received support for the project through authorized and legal channel partners.

Any refunds, if requested, have been processed or are being processed and as a conscientious firm KW International is working diligently to make sure that whatever claims are being put forth are legitimate, and those which are not are being dealt with appropriately, even by legal means.

Ultimately, what I would advise is that if anyone is looking for a quick turnover or immediate returns on their "hard earned money" should invest in the stock market or other schemes and not Indian real estate, i.e., unless you want to deal with shady people promising the investor unreasonable gains based on shady tactics.

Given the state of real estate projects in India or anywhere in the world, this investment requires a long term commitment. There is no doubt that Colista Towers is a good investment, given the price and location but one should only invest if if one has the patience to allow the project to get over the initial hurdles and come to fruition.

P.S. Making personal attacks via an online public forum will not make the GDA work any faster.
 
Old March 8 2014, 06:15 PM   #8
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With reference to the complaint of Mr. Rajinder 1971 on your website, we wish to clarify that this matter is sub-judice and it is wrong on the part of complainant to make personal allegations of fraud with malicious intentions.

KW International Holding takes pride in promoting its 1st project at Vaishali, Ghaziabad wherein Building Plan Sanction is still awaited from GDA.

For clarification if any, please feel free to write: info@kwiholding.com
 
Old April 3 2014, 12:14 PM   #9
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At this juncture being the first premium project of KW Holding it should instill faith onto its buyers .I am one of them.There have been lot of dates promised for launch and the promise has not been kept.I absolutely agree that derogatory comments on the developer is not solicited.
There are many ways the buyer can be assured of confidence,one of them can be the provision of unconditional bankguarantees which the developer can issue to the buyers ,i am sure this will definitely rebuild the faith in them with a firm plan indicating launch dates.I think the management of KW should take a bold step in this move if it really is concerned about its first customers.

Regards

GKS
 
Old April 3 2014, 12:44 PM   #10
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Bhai log,

Dum nahi hai to Real estate mein mat fansho...Yeh Bacchoan ke khelne ki cheez nahi hai.

I talked with my GF as well mother in-law. As per them.
1. Real estate will never give you loss in Long term.
2. Real Estate will never give loss, who has holding Power.
3. Currently Market is down....No sales at-all.
4. Agar abhi Chudaai (Excavation ) Chaloo nahi hua to Mansoon/ Diwali ke baad hi hoga -
5. Koi bhi Builder abhi project challo nahi karna chaah raha hai - Sabhi Mansoon ke baad taal rahe hain.
6. GDA / environmental and other approvals mein to time lagta hi hai, Phir abhi election.

Please....Inteezaaar karein.

Docait bhi kisi ke dost hote hain.
Ees builder ko bhi mauka dein -- yeh bhi sudharna chahta hai.---Nai jagah naya kaam chal raha hai.
 
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