Wave City: Real Estate is one of the most critical sectors for building the momentum needed for the overall economic growth rate at 7% plus orbit. To keep the sector in the high growth trajectory, the government should provide incentives such as increasing tax deduction limits, rationalising the GST rate on under-construction properties to 5%, and introducing tax benefits for first-time home buyers. In addition, government should reduce the interest rate for home loan to stimulate the demand in the real estate sector, making housing more affordable and accessible to all”.
About Wave City
Wave City offers a blend of innovative commercial and residential products, duly registered under RERA, which includes apartments (Veridia, Eligo, Dream Homes, Wave Executive Floors and Swamanorath), independent floors (Wave Floors and Prime Floors) Villas, plots and a commercial centre (Wave Galleria). Wave City offers low-density living, full of vigour and vitality which makes it a perfect place to enjoy a comfortable, convenient and uncluttered lifestyle.
Traffic and transportation are the lifeline in any bustling metro. Considering this, Wave City has created an ‘Intelligent Traffic Management System’, which includes location tracking on buses, and deployment of video analytics for smooth traffic control depending upon its volume.
With homebuyers, including Gen Z becoming more conscious of their carbon footprint and the ‘Swachh Bharat Campaign’, Wave City as a part of future development will be using ‘Smart Dustbins’ that will send signals to the personnel manning them to clear garbage when they are 80 per cent full. These bins will be mounted on an infrared sensor and a GSM device which will sends the signals ahead. This feature will prevent spillage of trash and maintain neatness and hygiene.
Smart waste management systems, smart lighting, top security facilities including 500 guards and CCTV cameras and an ANPR system for reading and scanning car number plates are also available.
