Wave Estate Forays into Affordable Housing Investing Rs. 200 Cr.

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India, (11/1/2019): Posed picturesquely at the foothills of the Shivalik Range, Wave Estate is a distinguished address located advantageously at the heart of Mohali in Sector 85 and 99. Understanding the rising demand and the immense success of Dream Homes, with 100% sale out, at Wave City (Ghaziabad), Wave Estate plans to bring the same economical housing, with best of amenities, for the real estate market of Punjab. The project will be spread across an area of approx. 7 acres with a total of 1000 units, with 300 units in Phase 1, of its development. With this venture, customers of Wave Estate would enjoy living in a world class city with exclusive features, social infrastructure, and connectivity, at an unbeatable location.

Real estate sector has been through a roller coaster ride for past few years. But, with all the volatilities of the sector, construction at Wave Estate has been at a fast pace. With construction at a brisk pace, Wave Estate recently acquired Completion Certificate, for its partial development of 171 acres, out of its 255-acre project and Completion & Occupancy Certificate for built up area of approx. 300 units for G+2 Floors. Possession has already been offered to customers and over 70 families are already residing in Wave Estate.



Speaking on this occasion, Mr. HS Kandhari, Director, Wave Estate, said, “At Wave Estate, we stand by our commitment to deliver our customers a lifestyle that is larger than life. For us, customer satisfaction comes first, and with our investment of Rs. 200 Crore in affordable housing segment, we aim to cater to the popular demand of our customers in this segment. With the construction on full swing, Wave Estate stands by its commitment to deliver a world class living environment to its customers.”

On receiving the certificates, he added, “We are proud to receive the Completion & Occupancy Certificate. Wave Estate is already catering to over 70 families, who have already moved in and enjoying the facilities offered here. At Wave Estate, we stand by our commitment to deliver our customers a lifestyle that is larger than life.”

Further, keeping in mind every day needs of the residents, Wave Estate inaugurated a super-mart, named ‘Freshly Yours’ within its premises. Spread over approximately 140 sq. yds. area, at ‘Freshly Yours’, the residents can buy from wide variety of product categories like fruits & vegetables, food-grains, eggs & frozen meat, household items, beverages, stationary, bakery & dairy, etc. The products here are of the best quality and the services are tailor made for customer convenience.

Speaking on vision of Wave Infratech, Mr. Rajiv Gupta, CEO, Wave Infratech, said, “We at Wave Infratech continuously and constantly strive to innovate and develop exceptional products and services for our key stakeholders, OUR CUSTOMERS. Adapting to market needs and demands, all of our projects offer a varied range of products for the buyers and investors alike. Our projects adhere to RERA compliance and would deliver as per its timelines.”

Wave Estate houses ultra-fine collection of contemporary villas, plots, charming floors and plush housing condominiums in a safe & secured environment, with boundary walls in each sector and an operational clubhouse with facilities like gym, yoga & aerobics room, library, etc.

Strategically located close to Chandigarh, Mohali offers the highest quality of life and design system with streamlined planning and architecture. The region is targeted by an increasing number of outsourcing IT companies and the telecom industry. These companies seek to capitalize on the investment opportunities available in the city. Due to these developments, real estate in Mohali is gaining momentum.

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