Review : Investment in Wave High Street Shop Condominiums, Noida, Loss or Profit

Investors Vote

[Total: 4 Average: 3.3]

As per Location
Wave High Street Shop Condominiums (Wave HSCC) is situated in sector 32 Noida. Wave High Street Shop Condominiums is a part of under developing township Wave City Center.

The project is just walking distance from Wave City Center metro station. The project is just 30-Km Away from Indira Gandhi International Airport (IGI Airport). Hindon domestic airport is just 26-Km away from Wave High Street Shop Condominiums.

Prominent institutions and schools are in close proximity such as Billabong High International School, Mother’s Pride, Kendriya Vidyalaya, Ryan International School, GD Goenka Global School, etc. Major Hospitals such as Sumitra Hospital, Cancer India, Government hospital, District Government Multi-Speciality Hospital, ESI Hospital, Kailash Hospital, etc are also in the close proximity.

The Wave High Street Shop Condominiums is right in the middle of Noida’s posh residential areas.  The major government office is also in close proximity such as Authority Office, Sub Registrar Office, CMO Noida, RTO Noida Saeed, Food Corporation Of India Zonal office, Cyber Crime Police Station, DM Office, etc. Overall, Wave High Street Shop Condominiums is an approachable location.

Possession | Construction Update
This is probably the most uncertain query of the entire project. The project completion date is set for the month of December 2016. The project started in the year 2012 with L&T being the construction company behind the project and the time period was set as per the terms then. However, as of now, the project construction has been moving at a snail’s pace. The Wave High Street Shop Condominiums are still under construction. This project may be the delay for more couple of years.

Advantages | Good Factors
Wave City Center is a project offering the perfect integration of retail, commercial, hospitality, and residential lifestyles in a single compound. The project is appealing not just from a design and concept perspective and the blueprint reveals that it would be functionally attractive too. The project dubbed as “Wave City Center” will have five different sections to it namely Hospitality, Business first, Leisure, Entertainment, and Domicile. The design is set to lean towards the contemporary makes making it a premier locale for the desired few.

It is a truly high street retail market that will beat all the retail commercial development of the Delhi NCR.

A new and much better well planned, well organized, world-class mega commercial development after sector 18 Noida is in the process of making at sector 32 Noida, named Wave City Center. Wave City Centre is a well planned, excellent location, architecture, layout design commercial township.

The layout design of the Wave High Street Shop Condominiums is very impressive. All Shop Condominiums has a direct double side entry. These high street Shop Condominiums are easily approachable and walkable to customers. The main road facing Shop Condominiums’ location is ultra-premium.

Wave High Street Shop Condominiums is right in the middle of Noida’s high-density population area there are more than 3-lakh peoples surrounds this project. And that is a very good sign for investment in this property. Wave High Street Shop Condominiums (Wave HSCC) is good for well established retail brands.

Products & Developer
The Wave High Street Shop Condominiums (Wave HSSC)/ Wave City Center SCO is a part of the mega commercial development of the Wave City Center Sector 32 Noida. This project is under development by the Wave Infratech. It’s a commercial property. This project the Wave City Center Consist of all kinds of commercial development, such as commercial office space, retail commercial shop, food courts, multiplex, serviced apartments, studio apartments, hotels and entertainment facilities, etc.

Builders Profile | Track Record

PREDECESSOR	Chadha Infrastructure Developers Private Limited
FOUNDED	2008
FOUNDERS	Gurdeep Singh (Ponty) Chadha
KEY PEOPLE	Harmandeep Singh Kandhari, Manpreet Singh Chadha
COMPANY | PROMOTERS	Wave Infratech Private Limited
PRODUCTS	Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Multiplexes
AREA SERVED	Ghaziabad, Noida, Chandigarh
PROJECTS COMPLETED	Wave Silver Tower
PROJECTS ONGOING	Noida:- Wave City Centre ( Wave Metro Mart, Wave Livork, Wave High Street Shop Condominiums), Wave One Ghaziabad: Wave City Greater Mohai:- Wave States
DELIVERY TRACK RECORD	Very Poor
NET WORTH
STRENGTH
COMMITMENT	Zero
RISK	Delay possession, the investment can be stuck, long wait
DEBT	Yes
LITIGATION	Facing Unfair trade practice charges in Indian courts
OFFICE ADDRESS	Corporate Office Wave Infratech Pvt. Ltd. C – 1, Sector – 3, Noida – 201301, (U.P), Tel: +91-120-4180500, eMail: customercare@waveinfratech.com
BUILDER CATEGORY	BRONZE

 

Price | Lease Price
Wave High Street Shop Condominiums price start at approx:-

SIZE (Sq Yd)	PRICE
60	3.5/- To 4/- Cr
75	4.5/- to 5.2/- Cr

The price is slightly higher for investment but worthy.

Also Read : Review : Investment in Wave Metro Mart, Retail Shops, Sector 32, Noida, Loss or Profit
Also Read : Review : Investment in Wave One, Sector 18, Noida, Loss or Profit
Also Read :Review: Investment in Wave Silver Tower, Sector 18, Noida, Loss or Profit
Also Read : Review : Investment in Wave Galleria, Wave City, Ghaziabad, Loss or Profit

Conclusion
This property the Wave High Street Shop Condominiums is good for well established retail brands.  The investment of Wave High Street Shop Condominiums may get a minimum of 6% per annum return and can grow more in the near future. The Wave HSSC is good for actual regular rental income.

Investors Vote

[Total: 4 Average: 3.3]

NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH