Gulshan Group to Invest ₹1,000 Crore in Wave City Project
Representative AI image NEW DELHI: The Gulshan Group is set to invest approximately ₹1,000 crore in the development of Gulshan Empire, a residential project located in Phase-I, Sector-1 of Wave City. The project is projected to yield sales exceeding ₹1,200 crore. Spanning 5.5 acres (22,505 sq metres), this single-phase development will feature 500 residential units distributed across six towers, each comprising 31 stories. The land was acquired last year for around ₹175 crore, as stated by Deepak Kapoor, a director of the company. Designed by DFI Architects, the project’s completion aligns with the RERA timeline slated for 2031. The company…