Wave Group targets over Rs 500 cr from new Ghaziabad housing project

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Wave Group targets over Rs 500 cr from new Ghaziabad housing project - Business Standard

Quick Summary:

Last month, Wave Group had said it plans to launch around 9,000 flats in its 4,200-acre township 'Wave City' at Ghaziabad to monetise its huge land bank amid strong housing demand.

Realty firm Wave Group is expecting more than Rs 500 crore revenue from a new luxury housing project in its 4,200-acre township in Ghaziabad, Uttar Pradesh.

The group plans to launch about 7 million square feet in the premium and affordable group housing categories in Wave City in the current fiscal.