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‘Wadhwa Wise City’ will offer a unique proposition of efficient Studio, 1 & 2 BHK apartments that will be constructed in various phases. Out of the total land holding of 450 acres, The Wadhwa Group is planning to develop 138 acres. The project has got all the approvals for the first phase in place – location clearance under ITP, Letter of intent (LOI) under ITP, Environmental Clearance for the Township, as well as, the buildings under Phase 1 along with the building CC for Phase 1 building. The mandatory Maha RERA registration for relevant buildings has been obtained. The Wadhwa Group has entered into a JDA with Valuable Properties Pvt Ltd, an investment arm of FDI compliant real estate fund.

The project will add one more reason for infrastructure development to the city of Panvel which already offers excellent railroad connectivity to the main city—Mumbai. Panvel is connected to both, the central and western lines, it is also known as the gateway to the Konkan region, easing commute to the other states of India. Located close to Mumbai-Pune Expressway and the Sion-Panvel Expressway, travelling to either Mumbai or Pune is quite convenient. Infrastructure Developments like the Navi Mumbai International Airport, Mumbai Trans – Harbour Link, Virar Alibaug Multi-Modal Corridor, etc are the factors driving the demand for the residential and commercial real estate in this new growth corridor.

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