Wave Group to invest in AI tech for Delhi-NCR project
Real Estate

Wave Group to invest in AI tech for Delhi-NCR project

Real estate developer Wave Group’s said that will invest Rs 10 crore in Artificial Intelligence (AI) technology for its Wave City project in-Delhi NCR. The company aims to make these investments in the next three years. It wants to develop the region's first Hi-tech Operational Smart City with an aim to establish new standards for sustainable living, affordability, and cutting-edge services, all powered by advanced AI-managed systems.

The key AI-powered features to be introduced in Wave City include an Intelligent Traffic Management System, which ensures efficient traffic control based on volume by utilizing location tracking on buses and video analytics.
Other features include ATM theft detection, Forensic Identification, Parking Management.

Additionally, the deployment of 'Smart Dustbins' equipped with infrared sensors and GSM devices will help in timely garbage clearance, promoting cleanliness and hygiene as part of the 'Swachh Bharat Campaign.'

Wave City also plans top-end security with 500 guards, CCTV cameras, and an ANPR system for reading and scanning car number plates.

Real estate developer Wave Group’s said that will invest Rs 10 crore in Artificial Intelligence (AI) technology for its Wave City project in-Delhi NCR. The company aims to make these investments in the next three years. It wants to develop the region's first Hi-tech Operational Smart City with an aim to establish new standards for sustainable living, affordability, and cutting-edge services, all powered by advanced AI-managed systems.The key AI-powered features to be introduced in Wave City include an Intelligent Traffic Management System, which ensures efficient traffic control based on volume by utilizing location tracking on buses and video analytics.Other features include ATM theft detection, Forensic Identification, Parking Management.Additionally, the deployment of 'Smart Dustbins' equipped with infrared sensors and GSM devices will help in timely garbage clearance, promoting cleanliness and hygiene as part of the 'Swachh Bharat Campaign.'Wave City also plans top-end security with 500 guards, CCTV cameras, and an ANPR system for reading and scanning car number plates.

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