Parking troubles meet the Wave solution

Modern constructions adopt space conservation in practice and yet parking space is throwing up newer challenges for urban India. It has escalated up the buyer’s checklist into a bone of contention for property dealings.

To blame ballooning four-wheeler holders is only as good as blaming India’s economic growth.  The root lies in a bid to jump at lucrative real estate prospects at the cost of rampant, unregulated growth. Commercial spaces in the heart of towns are getting affected the most.

Public infrastructure in the country has also played spoilsport. A rising middle class seeks better lifestyle but the options are either limited or do not fit the bill. Real estate with inadequate parking facilities still has takers for meeting the demand-supply equation.

Thanks to that, legit parking spaces have gone at a premium near commercial hubs especially. It also accounts for a spurt in illegal parking slots, safety risks, and reckless parking around places of commercial activity—theatres, business hubs, shopping centres, central markets, and even schools and hospitals.

The problem for space peaks around festivals and special occasions when finding parking is all but a matter of chance. Vehicle owners either shell out for overpriced spaces or take to alternative transport. No worthy solutions either way!

There are a few property developers however who see definitive parking as a modern necessity, like the Wave Infratech. They have shown, in developments like Wave City, that innovative infrastructure planning is a modern-day necessity. Located strategically for a growing Delhi NCR, the project is one of a kind with nearly all modern amenities built in, including facilities providing definitive parking.

The group is changing the way commercial properties in Noida will come up in the future by an unparalleled development model exhibited by Wave City Center—the largest commercial undertaking of the region.