Some of the Indian companies have their branch due to the factor that it is under Special Economic Zone (SEZ), connected by Delhi Metro rail and by three expressways connecting Delhi, Greater Noida and Agra with the town. It is also emerged as the city for the development of industries like automobile ancillary units, major news channels, and other commerce & trade companies. Amity University, Gautam Buddha University, Mahamaya Technical University, IMS Noida, IIM, Jaypee Institute of Information Technology, Jaipuria Institute of Management, Asian Academy of Film & Television etc. are the educational universities and institutes delivers quality students and engineers every year.
The above factors have led to the development of residential Property in Noida with numerous large premium hotels, shopping malls, residential apartments and villas, entertainment centers etc. Real estate market has grown abundantly after the arrival of IT giants in the city. Real estate companies start building many high facing multi storied apartments which are luxurious and more comfortable to communicate with the industries.
The residential Property in Noida rates also have raised to the great extends and business people start investing in buying a home or flat in the city.
Wave City Centre: The centre is located in Wave Commercial Sector 32, Noida which is in the centre most of Noida. It has four crore sq.ft build up area out of which 1 crore sq.ft area is used for premium hotels and commercial purposes and the remaining areas are used for residential, retail shops and multiplexes. 8500 apartments have to be built with numerous amenities such as amusement park, swimming pools, shopping malls, amusing entertainment malls etc. Studio apartments, 2 and 3 BHK apartments are well planned with city view, ventilation, parking etc.
Wave city centre will be one of the busiest commercial centers in India and will earn huge revenues for government through commercial taxes. The luxury is the most highlighted point in the wave city centre and sky touching buildings will make a unique landmark in Noida. Thus Wave Commercial Sector 32 Noida is going to be a small modern tech city which will be an example for next generation city.