Review : Investment in Wave Livork Studio Apartments, Noida, Loss or Profit

Review

CPR Ratings

As per Location
The Wave Livork Studio Apartments is situated in sector 32 Noida. Wave Livork Studio apartment is a part of under developing township Wave City Center.

The project is just walking distance from Wave City Center metro station. The project is just 30-Km Away from Indira Gandhi International Airport (IGI Airport). Hindon domestic airport is just 26-Km away from Wave Livork Studio Apartments.

Prominent institutions and schools are in close proximity such as Billabong High International School, Mother’s Pride, Kendriya Vidyalaya, Ryan International School, GD Goenka Global School, etc. Major Hospitals such as Sumitra Hospital, Cancer India, Government hospital, District Government Multi-Speciality Hospital, ESI Hospital, Kailash Hospital, etc are also in the close proximity.

The Wave Livork Studio Apartments is right in the middle of Noida’s posh residential areas.  The major government office is also in close proximity such as Authority Office, Sub Registrar Office, CMO Noida, RTO Noida Saeed, Food Corporation Of India Zonal office, Cyber Crime Police Station, DM Office, etc. Overall, Wave Livork Studio Apartments is an approachable location.

Possession | Construction Update
The Wave Livork Studio Apartments is under construction since the year 2012. The project is already delayed by more than 3 years. After RERA come in force, the revised possession date is June-2020. RERA Registration No UPRERAPRJ3337

wave livork studio apartments, noida, uttar pradesh, india

Advantages | Good Factors
A new and much better well planned, well organized, world-class mega commercial development after sector 18 Noida is in the process of making at sector 32 Noida, named Wave City Center. Wave City Centre is a well planned, excellent location, architecture, layout design commercial township.

After completion, Wave City Center will be the masterpiece of Delhi NCR. which will beat all the new and old commercial developments of Delhi NCR, even can say that it can beat the well established commercial hubs of Delhi-NCR such as  Connaught Place, Karolbagh, Lajpat Nagar Market, and sector-18 of Noida, etc.

The Wave Livork are featuring new methods studio apartments because not only they are fully-furnished and fully-serviced, but also because they are multi-purpose and economical alternatives to hotels for travel executives and other guest executives to stay for short and long periods of time.

Wave Livork studio apartment is equipped with a commercial license enabling it to be used as a business space. Wave Livork studio apartments are suitable for new and start-up enterprises.

Wave Livork Studio Apartments is a high-rise tower, approx 40-story tall building, and properly visible from the nearby areas of Noida. There is no competitor of Wave Livork studio apartments at this location.

The Livork fully furnished serviced apartments can be used as the home, office, photographic studio, News Room, exhibition gallery, medical clinic or consulting suite.

The Livork studio apartments come with all the necessary services such as Wi-Fi connectivity, video conferencing, conference rooms, business centers, business lounges, house-keeping on demand, a clubhouse, a fully-equipped gym, power backup, security, and cafeteria, etc.

Drawbacks | Bad Factors
At the present situation, the construction of Wave Livork Studio Apartments (Wave City Center) is very slow so this project is hardly completed in the set time frame.

Wave Livork Studio Apartments has launched re-launched many times since the year 2012. but there is no significant progress in construction. The investors who have their money into the project are already trying to sell their property and recover their capital. It has been a cumbersome experience for investors who deal with soft launch projects along Noida or any other location along Delhi NCR.

The Noida Authority has turned this area of the Delhi NCR into a nuisance zone. The builders are fear free and are allowed to do all sorts of nasty things.

wave livork studio apartments, sector 32 noida

Products & Developer
Wave Livork, Studio Apartments is a part of Wave City Center. The project is under developing by the Wave Mega CityCentre Private Limited. It’s a commercial property. The project is consists of commercial office space, retail shops, food courts, multiplexes, serviced apartments, studio apartments, Hotels, Mall and the entertainment facilities, etc.

Builders Profile | Track Record

  Wave Infratech, builders,profile,track record, expert,views
PREDECESSOR Chadha Infrastructure Developers Private Limited
FOUNDED 2008
FOUNDERS Gurdeep Singh (Ponty) Chadha
KEY PEOPLE Harmandeep Singh Kandhari, Manpreet Singh Chadha
COMPANY | PROMOTERS Wave Infratech Private Limited
PRODUCTS Commercial offices, Shopping Malls, Hotels, Leisure & Hospitality, Retail, Multiplexes
AREA SERVED Ghaziabad, Noida, Chandigarh
PROJECTS COMPLETED Wave Silver Tower
PROJECTS ONGOING Noida:- Wave City Centre ( Wave Metro Mart, Wave Livork, Wave High Street Shop Condominiums), Wave One
Ghaziabad: Wave City
Greater Mohai:- Wave States
PROJECTS UPCOMING  
DELIVERY TRACK RECORD Very Poor
NET WORTH
STRENGTH
COMMITMENT Zero
RISK Delay possession, the investment can be stuck, long wait
DEBT Yes
LITIGATION  Facing Unfair trade practice charges in Indian courts
OFFICE ADDRESS Corporate Office
Wave Infratech Pvt. Ltd.
C – 1, Sector – 3, Noida – 201301, (U.P), Tel: +91-120-4180500, eMail: customercare@waveinfratech.com
BUILDER CATEGORY
BRONZE

 

Price | Lease Price
Wave Livork Studio Apartments is available for sale/resale and lease price at approx:-

PRICE  SIZE (Sq Ft) EXPECTED LEASE PRICE
60/- Lkah 672 25,000-30,000 Per Month
70/- Lakh 802 30,000-35,000 Per Month

The price is slightly high for investment but worthy if the developer completes the project in the revised frame.

Also Read : Review : Investment in Wave High Street Shop Condominiums, Noida, Loss or Profit
Also Read : Review : Investment in Wave Metro Mart, Retail Shops, Sector 32, Noida, Loss or Profit
Also Read : Review : Investment in Wave One, Sector 18, Noida, Loss or Profit
Also Read :Review: Investment in Wave Silver Tower, Sector 18, Noida, Loss or Profit
Also Read : Review : Investment in Wave Galleria, Wave City, Ghaziabad, Loss or Profit

Conclusion
The investment of Wave Livork Studio Apartments may get a minimum of 6% per annum return after completion of Wave City Center Township. if the developer completes the project in the revised time frame.

CPR Ratings

NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH

1 Comment

  1. The Wave Livork studio apartments is good project but these days no construction activity.

    It is bad if no one replies properly.

    The Wave builder EXTREMELY POOR record of completing their projects in the Noida and Ghaziabad area

    Not even a Single project of theirs in Noida and Ghaziabad complete and with present RE scenario expect nothing special

    Reply

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