Wave Eden
RERA: UPRERAPRJ678818/09/2024Launch Date: September, 2024Developer: Wave group
Property size: 5.2 AcresTypology: 3 BHKLocation: Sector 5, Noida
Wave City is planned and being developed on the model of an integrated township. All amenities are available within the gated community for the residents; hence, they need not step out for basic necessities. In fact, the area has already been developed to a big extent, and it will be developed at full strength within the next five years. It, therefore, presents a good long-term investment opportunity. As a whole, its growth potential makes it an attractive proposition for investors as well as end-users.
Wave Eden is developed over a 5.2-acre land parcel, along with a complimentary 6.5-acre park and garden area in Wave City, henceforth providing green space to its residents. This project offers three side open layout, with one facing 57-meter wide road, another opposite to 62-meter wide road, and third one opening up towards a central park. The promises of this development are corner placements expecting almost 2,500 residents, and the apartments are semi-furnished. Mivan shuttering is used here for the construction, and all modern amenities are incorporated into it, including the modular kitchen, air-conditioned unit, LED, built-in wardrobe, a geyser, and a chute on each floor.
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Wave Eden has 3 BHK configurations available in a wide range of sizes. However, the major variation is that one of them gets a bigger balcony. The loading-the difference between super area and carpet area-come in around 41% to 42%, sensible for this type of project and relatively smaller compared with other developments near the place, Gaur NYC, The Sunflower, and VVIP Namah. The floor plans are far more effective at Ramprastha Imperial Heights, with 1,715 sq. ft. units offering far more usable space as compared to the 1,774 sq. ft. of Eden. A floor plan consisting of a spacious drawing room, adequately sized kitchen and well-designed washrooms makes it a practical layout, though the master bedroom is a bit small, which forms the main drawback.
Disclaimer : The floor plans and dimensions provided are sourced from the developer's website or brochure. WhiteHat Realty cannot guarantee the accuracy or correctness of these dimensions.
Wave Eden is the development of the renowned Wave Group, an upscale residential project located in the integrated township of Wave City. Eden wave city is slated to come up in September 2024 and the possession is slated to be by June 2029. The strong growth prospect for investors as well as end-users comes from diversifying portfolios and market expertise of Wave Group.
Wave Group has witnessed one of the most crucial ups and downs of the last two decades. It survived extreme highs and extreme lows but in the last 3-4 years has made a spectacular comeback entirely due to supportive market conditions. Diversified in its ventures, Wave Group has also developed several prominent projects like Wave One, Wave Cinemas, Wave Malls, Wave City, Wave Estate, and Wave City Centre. Wave Group has now consolidated itself into real estate and become a significant player in the market with the help of expert experience and a diversified portfolio.
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The majority of new launches across the region, from Gurugram to Noida and Ghaziabad to Greater Noida, have witnessed strong investor demand over the past two years, which has fueled price appreciation substantially. Similar trend is seen in the market of Ghaziabad, wherein recent launches Gaur NYC and Prestige Group's upcoming venture have witnessed 50-65% investor bookings. This high investor concentration raises worries of long-term sustainability because, practically, an ideal percentage of investor participation standing at 25% is best for stability. The buyers should, therefore, watch out for the dynamics of this market and how to purchase an investment into such closely monitored areas.
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