County Group Launches Rs 1,800 Crore Housing Project in Ghaziabad
County Group, a leading real estate firm, is set to invest Rs 1,800 crore in a new housing project in Ghaziabad's Wave City. The project, named 'Jade County', will offer 1,000 units and is strategically located along the NH24 corridor, providing excellent connectivity to major cities.
Real EstateGhaziabadCounty GroupJade CountyWave CityReal Estate NewsJun 04, 2025
The new project will span 13.33 acres and will comprise approximately 1,000 residential units. County Group has acquired the land parcel for Rs 400 crore from Wave Group, a major developer in the area. The total saleable area of the project will be around 30 lakh square feet, and the company plans to invest Rs 1,800 crore in the development.
Amit Modi, Director at County Group, highlighted the strategic location of the project. 'Jade County' is situated along the NH24 corridor, offering swift connectivity to major cities such as Delhi, Noida, and Greater Noida. The region is also benefiting from significant infrastructure upgrades, including the Delhi-Meerut Expressway and the upcoming Hindon Airport. These developments are making the area a preferred destination for premium living.
County Group has a strong track record in the real estate sector, having delivered nearly 18 million square feet of space across various projects in Delhi-NCR. The company is currently working on several other projects in the region, further solidifying its position in the market.
Wave City, the township where 'Jade County' is located, has seen substantial development over the past decade. Wave Group has developed more than one-third of the 4,200-acre township, focusing on plotted development and low-rise group housing complexes. The township has attracted many developers, who have purchased land to develop their own projects, contributing to the area's growth and development.
The launch of 'Jade County' is a significant step in County Group's expansion plan and underscores the company's commitment to providing high-quality living options in strategically located areas. With the ongoing infrastructure improvements and strong connectivity, the project is poised to attract a wide range of homebuyers and investors.
Frequently Asked Questions
What is the total investment for the 'Jade County' project?
The total investment for the 'Jade County' project is Rs 1,800 crore.
How many residential units will 'Jade County' offer?
'Jade County' will offer approximately 1,000 residential units.
Where is 'Jade County' located?
'Jade County' is located in Wave City, Ghaziabad, along the NH24 corridor.
What are the key infrastructure upgrades near 'Jade County'?
Key infrastructure upgrades near 'Jade County' include the Delhi-Meerut Expressway and the upcoming Hindon Airport.
How much land has Wave Group developed in Wave City?
Wave Group has developed more than one-third of the 4,200-acre township in Wave City over the past 10 years.
Related News Articles
Pune Porsche Crash: A Minor's Fate Hangs in Balance after Fatal Accident
A minor has been released from observation home after the High Court declared the orders sending him there as illegal. The minor was involved in a Porsche crash that killed two people in Pune's Kalyani Nagar area.
Railway Stocks on a Roll: A 50% Surge in Just Two Weeks
Railway stocks have been on a tear, with some gaining as much as 50% in just two weeks. What's driving this rally?
Shinryo Corp Acquires GMP Technical Solutions, Strengthening Clean Room Partition Market Presence
Shinryo Corp has acquired GMP Technical Solutions, a clean room partition maker, at an equity valuation of Rs 185 crores, expanding its presence in the semiconductor assembly and manufacturing industry.
Sectoral and Thematic Mutual Funds Lead the Way in Folio Addition
Technology and Artificial Intelligence are transforming the Indian real estate sector, while sectoral and thematic mutual funds saw the highest folio addition in July.
Dharavi Development Project: A Real Estate Scam of Epic Proportions?
Congress MP Varsha Gaikwad accuses Maharashtra government of favoring Adani Group in Dharavi redevelopment project, calling it real estate's biggest scam.
Indian Aviation Industry: From Merger to Modernization
The Indian aviation sector is undergoing a significant transformation, moving from mergers to modernization. This shift is driven by a combination of strategic business decisions, technological advancements, and government policies. Stay updated with the