Luxury ApartmentsMohaliUnder ConstructionWave Estate (Wave Infratech)

Wave Gardens (GH2 Phase 2)

Wave Estate (Wave Infratech)|Wave Estate Township, Sector 85, Mohali, Punjab 160055|4.6 Rating
Indicative Pricing
₹2.03 Cr – ₹7.66 Cr
Base Rate: 8,980/sq.ft.
Verified RERA RegistrationPBRERA-SAS81-PR1009 (Punjab RERA)
Wave Gardens (GH2 Phase 2)
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About Wave Gardens (GH2 Phase 2)

Wave Gardens Group Housing 2 Phase 2 is a 12-acre residential phase inside the established 235-acre Wave Estate township in Sector 85, Mohali — around 70% of it kept as green and open space. It offers 3+1 and 4+1 BHK servant-room apartments (2,260–3,500 sq.ft. super area), duplex residences up to 4,200 sq.ft. and luxury penthouses up to 6,940 sq.ft., from ₹2.03 Cr on a 30:30:40 flexi payment plan. Phase 1 stands delivered with full occupancy, and the Indian School of Business (ISB) Mohali is just 1.2 km away.

Key Project USPs

Phase 1 delivered with full occupancy — proven township execution
~70% green & open spaces across the 12-acre phase
Duplexes & penthouses up to 6,940 sq.ft. — Mohali's widest size spread
ISB Mohali 1.2 km • Airport 7.5 km • 30:30:40 flexi payment plan

Floor Plans & Unit Layouts

4 Configurations
3+1 BHK (Servant)₹2.03 Cr onwards
Super Area: 2,260–2,695 sq.ft.
3 Bed + Servant + 3 Bath
4+1 BHK (Servant)₹3.15 Cr onwards
Super Area: 3,500 sq.ft.
4 Bed + Servant + 4 Bath
Duplex ResidencesOn Request
Super Area: 2,800–4,200 sq.ft.
Double-height duplex layouts
Luxury PenthousesUp to ₹7.66 Cr
Super Area: 3,345–6,940 sq.ft.
Top-floor penthouses with terraces

3+1 BHK (Servant)

Configuration: 3 Bed + Servant + 3 Bath • Super Area: 2,260–2,695 sq.ft.

Indicative Starting Price₹2.03 Cr onwards

Construction Progress & Milestone Tracker

35% Completed
Current Phase: Foundation & Lower Podium Level RCC SlabsTarget Possession: Mar 2029

Key Milestone Breakdown

Land Acquisition & Clear TitleDone

100% Freehold encumbrance-free title verified by RERA

Statutory Approvals & SanctionsDone

Building plan sanctioned by municipal authorities & RERA certified

Raft Foundation & Basement RCCDone

Heavy reinforced concrete raft foundation and basement parking

Tower Superstructure & SlabsIn Progress

Mivan / RCC earthquake-resistant frame construction

Brickwork, MEP & Plastering

Plumbing, electrical conduit lines, acoustic brickwork & elevators

Internal Finishing & Clubhouse

Flooring, wall paint, clubhouse amenities & external landscaping

Occupancy Certificate (OC) & Handover

Final regulatory inspection & possession by Mar 2029

Buyer Protection & Legal Due Diligence

100% RERA Verified

Every project listed on TricityProjects undergoes strict statutory screening to protect buyer capital. Below is the verified legal and regulatory audit for Wave Gardens (GH2 Phase 2).

Approving AuthorityVerified

GMADA (Greater Mohali Area Development Authority) & PUDA Punjab

Building plan sanctioned with approved zoning and FAR compliance.

Land Title & OwnershipVerified

100% Freehold Clear Title

Direct ownership land with zero encumbrance, no mortgage disputes or litigation.

RERA Escrow AccountVerified

Dedicated 70% Escrow Active

70% of buyer collections strictly deposited in project escrow for timely construction.

Statutory ClearancesVerified

Environment (SEIAA) & Fire NOC

Complies with National Building Code (NBC) and environmental air/water safety norms.

Structural Safety StandardVerified

Seismic Zone-IV RCC Framework

Engineered and audited by accredited structural safety consultants.

RERA Section 14(3) WarrantyVerified

5-Year Structural Defect Guarantee

Developer legally obligated to rectify any structural defects for 5 full years from handover.

Why Buyer Capital Is Safe in Wave Gardens (GH2 Phase 2)

Under RERA Section 4(2)(l)(D), 70% of all funds collected from buyers are deposited directly into a designated project escrow account, strictly usable only for land cost and ongoing construction. In case of any possession delay, buyers are legally protected with monthly interest compensations linked to SBI MCLR + 2%.

Pre-Approved Home Loans & Banking Partners

APF Vetted

Top nationalized and private financial institutions have conducted independent legal title vetting on Wave Gardens (GH2 Phase 2), offering fast-track loan sanctions with zero legal scrutiny charges for buyers.

SBIState Bank of India
Max Loan-to-Value
HDFCHDFC Bank
Instant Sanction
ICICIICICI Bank
Pre-Approved APF
AXISAxis Bank
Fast Disbursal
PNBPunjab National Bank
Lowest Govt Rates
Eligible for up to 80%–85% property value financing • Floating repo-linked rates starting 8.35% p.a.

About the Builder — Wave Estate (Wave Infratech)

Experience18+ YearsEst. 2008
Delivered Area15+ Million sq.ft.Residential & Retail
Total Projects12+ ProjectsAcross Punjab & NCR
RERA Compliance94%100% Compliant

Corporate Profile & Reputation

Wave Estate is a 255-acre mega integrated master-planned township in Sector 85 & 99 Mohali, offering a holistic ecosystem of luxury condominiums, independent villas, commercial boulevards, and green parks.

Construction Pedigree & Materials

International master planning by Studio DRA UK, 85% open landscaped spaces, pedestrian-friendly pathways, and dedicated sports zones.

Flagship Landmark Projects

Wave Gardens (Sector 85 Mohali)Wave Estate VillasWave One
Mega 255-acre gated township infrastructure
Direct sector road access to Chandigarh Sector 48/49
Operational clubhouse, commercial markets & school

Landmark Distance Matrix

✈️ Int'l Airport12 mins (7.5 km)
💻 IT Park / Tech City8 mins (Mohali IT City)
🏥 Hospital8 mins (Fortis Mohali, 3.5 km)
🛍️ Shopping Mall12 mins (Elante Mall, 7 km)
🚆 Railway Station12 mins (Mohali Station)
📍 Micro-MarketSector 85 / Wave Estate Township

Clubhouse & Community Amenities

Township Clubhouse
Swimming Pool
Gymnasium
Landscaped Parks
School Within Township
Retail Boulevard
24x7 Gated Security
Jogging Trails

Mortgage & EMI Forecaster for Wave Gardens (GH2 Phase 2)

Down Payment (20%)40.6 Lacs
Tenure
Interest Rate
Estimated Monthly EMI
1,40,934/mo
Projected 2031 Property Value: 3.82 Cr (13.5% CAGR)

Frequently Asked Questions about Wave Gardens (GH2 Phase 2)

What is the RERA number of Wave Gardens GH2 Phase 2?

This phase is registered with Punjab RERA under registration number PBRERA-SAS81-PR1009, developed inside the 235-acre Wave Estate township in Sector 85, Mohali.

What configurations and sizes are available in Wave Gardens Phase 2?

3+1 BHK servant-room apartments (2,260–2,695 sq.ft.) from ₹2.03 Cr, 4+1 BHK (3,500 sq.ft.) from ₹3.15 Cr, duplex residences (2,800–4,200 sq.ft.) and luxury penthouses (3,345–6,940 sq.ft.). Possession is expected by March 2029.

What payment plan does Wave Gardens Phase 2 offer?

The developer offers a 30:30:40 flexi payment plan — verify the current construction-linked schedule and charges with Wave Estate before booking. Phase 1 of the group housing stands delivered with full occupancy.

What is the pricing and RERA status of Wave Gardens Phase 2 in Sector 85 Mohali?

Wave Gardens (GH2 Phase 2) in Sector 85 Mohali is RERA registered under PBRERA-SAS81-PR0161 with 2 BHK, 3 BHK, and 4 BHK apartments starting from ₹1.15 Cr to ₹2.75 Cr.

Project Specifications

DeveloperWave Estate (Wave Infratech)
Sector / LocalitySector 85
Expected PossessionMar 2029
Construction Stage35% Complete
Total TowersMultiple Towers
Total UnitsOn Request
Project Land Area12 Acres (in 235-Acre Wave Estate Township)
RERA RegistrationPBRERA-SAS81-PR1009
Verified Buyer Protection Shield
Pre-approved by 5+ tier-1 banks (SBI, HDFC, ICICI)
70% project funds in RERA designated escrow
5-Year structural defect warranty (Sec 14)
Zero litigation clear freehold land title
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