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Wadhwa Group to invest in the 1st two phases of Wadhwa Wise City

The Wadhwa Group, one of India’s leading real estate development companies and a prominent realty player in Mumbai, is planning investments of Rs 2200 crores in the first two phases of Wadhwa Wise City. Estimated revenues from these phases of the first integrated township project in NAINA (Navi Mumbai Airport Influence Notified Area) at Panvel is Rs. 3200 crores. Out of the total land holding of over 450 acres, The Wadhwa Group is planning to develop 138 acres which comprise of 10mn sqft of the overall development. Wadhwa and GFH, a Bahrain based financial investment Group are jointly developing the township and have launched apartment and bungalow project of over 40 acres. After the inauguration by Chief Minister of Maharashtra Shri Devendra Fadnavis last year, the project saw a huge resp...

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