Indian residential and commercial property developer Wave Estate will introduce real estate economical housing project in Punjab.

Wave Estate said that the project will be broadened across an area of approximately 7 acres with a total of 1000 units, with 300 units in phase 1, of its development.

Wave Estate intends to invest 200 crore rupees ($28.4 million) in affordable housing segment, as it caters for its customer demand.

With the expansion plan, Wave Estate expects to deliver a world-class living environment to its customers with exclusive features such as social infrastructure and connectivity.