Gulshan Group plans Rs 10 billion Wave City project
Real Estate

Gulshan Group plans Rs 10 billion Wave City project

Gulshan Group has announced an investment of approximately Rs 1,000 crore in Gulshan Empire, a premium residential project at Wave City. The development is expected to generate sales realisation of more than Rs 1,200 crore.

Spread across 5.5 acres, or 22,505 sq m, the single-phase project will comprise 500 residential units. It has been designed primarily for end users seeking spacious homes, integrated community living and long-term value at a comparatively accessible premium price point.

Deepak Kapoor, Director, Gulshan Group, said the project reflects rising demand for homes offering quality construction, thoughtful planning and modern design. He added that the investment demonstrates the company’s confidence in Wave City as an emerging residential destination supported by improving infrastructure and sustained end-user demand.

The project is scheduled for completion by 2031 in accordance with its RERA timeline. It will be funded through internal accruals, financial institutions and customer sales proceeds.

The developer has launched around 900,000 sq ft in the first phase of sales. Three-bedroom residences with a helper’s room are priced from Rs 2.20 crore, while four-bedroom homes with a helper’s room start at Rs 3 crore.

Yukti Nagpal, Director, Gulshan Group, said Gulshan Empire would feature low-density planning, expansive green areas, private garden residences and contemporary lifestyle amenities. She added that the project is aimed at families seeking comfortable homes with lasting value.

Gulshan Group has announced an investment of approximately Rs 1,000 crore in Gulshan Empire, a premium residential project at Wave City. The development is expected to generate sales realisation of more than Rs 1,200 crore.Spread across 5.5 acres, or 22,505 sq m, the single-phase project will comprise 500 residential units. It has been designed primarily for end users seeking spacious homes, integrated community living and long-term value at a comparatively accessible premium price point.Deepak Kapoor, Director, Gulshan Group, said the project reflects rising demand for homes offering quality construction, thoughtful planning and modern design. He added that the investment demonstrates the company’s confidence in Wave City as an emerging residential destination supported by improving infrastructure and sustained end-user demand.The project is scheduled for completion by 2031 in accordance with its RERA timeline. It will be funded through internal accruals, financial institutions and customer sales proceeds.The developer has launched around 900,000 sq ft in the first phase of sales. Three-bedroom residences with a helper’s room are priced from Rs 2.20 crore, while four-bedroom homes with a helper’s room start at Rs 3 crore.Yukti Nagpal, Director, Gulshan Group, said Gulshan Empire would feature low-density planning, expansive green areas, private garden residences and contemporary lifestyle amenities. She added that the project is aimed at families seeking comfortable homes with lasting value.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code