The total size of the township is 40 million sq ft and of that 9.5 million sq ft will be constructed in the first phase.
Sources said that Wave Infratech has awarded a contract, valued at over
Rs 900 crore, to L&T for construction of residential towers at Wave
City Center for the first phase of the project.
L&T will soon start construction of the first phase that is slated for delivery by 2016, they added.
Wave Group spokesperson declined to comment.
Recently, Wave Infratech gave a construction contract of Rs 282 crore to
BE Billimoria & Co for commercial tower of Wave City Center.
In the first phase, Wave would develop 1,400 flats, 900 studio
apartments, 370 high street shop condominiums, two hotels comprising 400
rooms, a shopping mall having two million sq ft and 1.8 million sq ft
of office space.
Wave Infratech is developing other realty projects in Noida, Ghaziabad
and Mohali. Wave Group is also engaged in sugar, liquor and
entertainment businesses. To know more visit our site http://allindiayellowpage.com.