Wave Group Launches Luxury Housing Project 'Eden' in Ghaziabad, Aims for Rs 500 Cr Revenue
Wave Group, a prominent real estate firm, expects to generate over Rs 500 crore from its latest luxury housing project 'Eden' in Ghaziabad, Uttar Pradesh.
Wave GroupLuxury HousingGhaziabadReal EstateWave CityReal Estate NewsOct 10, 2024
In the previous month, Wave Group had announced plans to launch approximately 9,000 flats in its sprawling 4,200-acre township, 'Wave City,' also located in Ghaziabad. The Group aims to develop about seven million square feet of housing in both premium and affordable categories, comprising 8,000 to 9,000 apartments in the current financial year. This strategic move is designed to leverage the growing demand for residential properties in the region.
Wave City has already seen significant development, with over one-third of the township being developed through plotted areas and low-rise group housing complexes. The company has issued possession letters to over 11,000 buyers of both residential and commercial units, and more than 4,000 families are currently residing in the township.
Wave Group’s commitment to delivering high-quality, modern living spaces is evident in the design and amenities of the 'Eden' project. The apartments are designed to cater to the needs of upscale buyers, offering luxurious features and a premium living experience. With the success of 'Eden,' Wave Group aims to further solidify its position as a leading real estate developer in the region.
The launch of 'Eden' and the continued development of Wave City underscore Wave Group’s strategic focus on meeting the diverse housing needs of the market. The company’s strong track record of delivering projects on time and with high standards of quality has earned it a reputation for reliability and excellence.
Frequently Asked Questions
What is the name of the new luxury housing project launched by Wave Group in Ghaziabad?
The new luxury housing project launched by Wave Group in Ghaziabad is called 'Eden'.
How many apartments are part of the 'Eden' project?
The 'Eden' project includes around 250 apartments.
What is the expected revenue from the 'Eden' project?
The 'Eden' project is expected to fetch a sales booking value of over Rs 500 crore.
What is the total area of the 'Eden' project?
The 'Eden' project is spread across 5.2 acres.
How many flats does Wave Group plan to launch in its 4,200-acre township 'Wave City'?
Wave Group plans to launch approximately 9,000 flats in its 4,200-acre township 'Wave City'.
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