Wadhwa Group plans to invest around Rs. 2200 cr in first two phases of Wadhwa Wise City. The project comprise IT parks, mall, market, hospitals, school, etc. The completion is targeted in a span of about 5-7 years. Out of the total land holding of over 450 acre, The Wadhwa Group is planning to develop 138 acre out of a land holding of 450 acre. The development comprises 10 mn sqft of overall development. The estimated revenue from these phases of the first integrated township project in NAINA (Navi Mumbai Airport Influence Notified Area) at Panvel is pegged at Rs. 3200 crore.
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