Areas with colossal growth in Noida
Spurred by rapid urbanization, owing to its locational advantage and an easy accessibility, Noida’s real estate landscape has undergone a sea of changes in the past few years. Being the commercial epicenter and place that known for ushering the era of mall culture that later gripped other parts of the country; Noida’s sector 18 always hogged the limelight. However, with development in the other areas, the focus today has gradually shifted to the upcoming property hubs in the city.
Sectors such as 44, 34, 25 are a target amongst the buyers in the residential segment while sectors 15, 18 and 32 busting with commercial activity. A number of developers are also planning ultra-luxurious projects in Noida, for example in sector 44 where prices starts at upward of Rs 3 crore. This just might mean that Noida has a future that will be envied by other NCR towns.
Whilst sector 32, once a tract of land that went unnoticed has seen frenzied expansion that make it the hotspot of residential and commercial activity. The area is now one of the most coveted destinations among the buyers in the high-end and upper-middle segment. Nestled in the heart of the Noida, sector 32 has all the amenities that one aspires to see in the neighborhood which is one of the major reasons that the area is witnessing an influx of people whose offices are in Noida. One of the prominent real estate project that is coming up in Sector 32 Noida with the Wave City Center from Wave Infratech. Ideally located in the heart of Noida, this commercial development will be first-of-its-kind in India, spread over sprawling 152 acres, in Sector 25(A) and Sector 32, Noida. It will be a unique combination of swanky fully-furnished offices, hotels, retail spaces, shopping, dining and world-class entertainment options to provide an unmatched experience.
Apart from the well laid infrastructure facilities, Sector 32 is within close radius of the proposed infrastructure initiatives, including the Meerut Expressway that will connect Ghaziabad-Noida-Greater Noida, reducing the travel time between the Central Business District of Delhi (i.e. Connaught Place).
Often referred to as the heart of the Noida, Sector 32 is a thriving commercial and residential hub that’s well-connected internally and is easily accessible from Delhi via the DND expressway. The proposed metro link from Noida Sector 32 to NH-24 will provide further impetus to the development in the area. With focused planning, efficient public utilities, business and professional opportunities galore in the close vicinity, the area is all set give a tough fight to its neighbors.
Wave 1st Silver Tower – a new commercial gem to adorn Noida
Wave 1st Silver Tower is developed by Wave Infratech who brought in a whiff of fresh air in the residential and commercial segment in NCR.
The project is strategically located at the intersection of major access roads of sector 18 market Noida. An immaculate blend of retail and office space, Silver Towers is spread over 2.25 lakh sq. ft. and is designed by Team 3, Singapore’s leading Architectural firm. An energy efficient facade and water harvesting not only make the Silver Tower a green building but also reduce the maintenance cost.
Located in the heart of satellite city Noida sector 18, the silver tower would boast of the state art office space. Architecturally the windows and doors are designed in such a way that the work environment would get maximum day light. The use of operable windows facilitates natural ventilation, reducing operational costs within the work environments.
With a floor plate of over 20,000sq.ft.the office size vary from 400-1000sq.ft. It would use large column free office spaces. It would witness a beautiful green landscaped pedestrian way for enhanced visualization of the building and high street shopping.
The Wave silver tower would be easy on maintenance and make way for a flawless mix of retail, commercial and office space.
Luxury housing to make a comeback
The real estate market in India has been riding crests and troughs owing to changes in the demand. While the economic downturn has affected the market badly, the trend for luxury housing is reviving.
As the interest rates are improving, preeminent developers such as DLF, Unitech Limited and Wave Infratech are luring the consumers in the high-end segment. Unlike, the usual villas, penthouse suites and individual adobes, developers are bringing in innovative concepts in the luxury and super-luxury segment.
Wave Infratech has recently announced the new project, Wave City center in Noida Sector 32 which will comprise high-end studio apartments and fully-furnished branded apartments to woo the customers in the luxury segment.
The luxury apartments today are preferred by buyers for world-class amenities they offer. From high-quality air condition, home automation systems to those with plush Italian furnishings most of the luxury and super-luxury adobes are designed by renowned architectures. What makes these opulent residences even more interesting is the professional management and housekeeping.
Apart from real estate firms in NCR, developers in Bangalore too have increased the supply of the luxury housing projects in the third quarter of the last year. While the pricing for the luxury housing continued to appreciate the end user were not much impacted with the prevailing microeconomic trends.
Not only the buyers from the home market, the high-end and ultra-luxury projects are also seeing a revival with rising interest of Non-resident Indians (NRIs), who see these projects as an good investment option.
Wave One poised to emboss a unique identity
Noida over the years has transformed in a hub of real estate activity with developers wooing the consumers across all segments. Combining the experience of years and expertise of leading structural consultant, Wave Infratech has adorned Noida’s skyline with an array of impressive projects.
From pioneering concept of mall and multiplexes to high-rises with a mix of commercial, residential and entertainment, Wave Infratech over the years have changed the buyers experience. And one such project Wave One is all set to make history.
The 41-storey iconic structure will adorn the heart of Noida Sector 18 and will enjoy the privilege of being at the heart of a thriving commercial district. Designed by the BBG-BBGM, Wave One is set to have finest, world-class amenities. The total constructed space of the project will touch 2 million square feet, making it a rare creation in the country.
Wave One is all set to be an enduring landmark that redefines retail experience and offers enviable selection of retail outlets, office spaces, food court & multiplexes and is set to offer an experience like none other.
Integrated mixed-use development on a rise in India
The real estate developers in India have always been experimenting bringing in new concepts in both commercial and residential segment. A new concept, mixed-used development has been initiated by a number of developers to cash in on the array of benefits of this new concept. Taking the lead, Wave Infratech has brought in several such projects such as the Wave One.
The recently launched Wave City Center – a mega-planned mixed-use development coming in the heart of Noida Sector 32. Wave City center is unique mix of shop-cum-offices, glass façade showrooms, office towers, retail spaces, residences, service apartments, hotels, shopping malls, entertainment center and much more.
Another developer, Supertech has also announced a similar project ‘Spira’ slated to be North India’s tallest mixed-use development project with 80 floors and height of 300 meters.
Talking about places beyond the National Capital region, the Wadia Group too has announced the launch of Mumbai’s first fully integrated “Mixed Use” development, the Island City Center located in the heart of the island city of Mumbai.
Integrated mixed-use development is concept that will benefit not just the buyers but will also help the developer in pulling in some good investors. This new concept will surely be a hit in a country like India which is seeing a constant innovation in the real estate sector.
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