What Wave One does

Wave One Pvt. Ltd. is a commercial real estate developer and asset operator headquartered in Noida's Sector 18 commercial hub, India. Its core asset is a 40-story, 2 million+ sq ft iconic structure designed by Brennan Beer Gorman Architects of New York, with 165 meters of four-side open frontage and a 2-acre Sky Garden at 150 feet above ground. The property integrates three tiers of premium office space (Platinum, Gold, Silver), a ~5 lakh sq ft retail mall, a 42,000 sq ft food court, a 74,000 sq ft five-screen multiplex (1,500 seats), and a Business Club offering recreation, dining, and conference amenities.

The company monetizes through three distinct streams: one-time sales of commercial office and retail space (Platinum tier is offered for sale and lease; Gold and Silver for lease), recurring multi-year leases across office and retail categories, and subscription-based Business Club memberships. Technology infrastructure includes smart-building automation for lighting, HVAC, security, and IT, supported by multi-level parking for 2,600+ vehicles. The company is RERA-registered (UPRERAPRJ3444) and operates under the Wave Group umbrella.

Wave One serves enterprise businesses seeking prestigious Grade-A offices, retail and entertainment brands (disclosed tenants include Levi's, Puma, Being Human, Arrow, Fila, Skechers, JP, and Cult), and premium/luxury segment tenants seeking bundled amenities. Go-to-market is enterprise field sales with direct contact channels for sales versus lease/membership inquiries, supplemented by content marketing via the company website, blog, and social media (Facebook, Instagram). The asset is actively operating with ongoing tenant onboarding, including a recent Letter of Intent with Nukleus Office Solutions (announced 2026-02-26).

Name

Wave One

Legal name

Wave One Pvt. Ltd.

Website

https://waveone.co.in

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Wave One Pvt. Ltd. is a Noida-based commercial real estate developer and asset operator running a 40-story, 2 million+ sq ft mixed-use complex in Sector 18, offering premium offices, retail, food court, multiplex, and Business Club memberships to enterprise tenants and retail brands.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

SIC

Real Estate (6500), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Specialty & Entertainment Venue Property Management (BPAJAGAO)

Keywords

• Commercial real estate development
• Office space leasing
• Retail property leasing
• Premium commercial property
• Shopping mall operations

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Marketing or Sales, Personnel, Technology or R&D

Revenue model

1. Commercial Space Sales: Sale of commercial office and retail spaces including Platinum, Gold, and Silver office categories and retail spaces. Properties can be purchased outright by businesses seeking ownership.
2. Commercial Space Leasing: Lease of office and retail spaces to businesses. Wave One offers flexible lease terms for various office categories (Platinum, Gold, Silver) and retail spaces in the commercial complex.
3. Business Club Memberships: Exclusive club memberships offered to tenants including access to health clubs, swimming pools, tennis courts, fine dining restaurants, bars, lounges, and other recreational amenities.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Wave One develops, leases, and sells premium commercial real estate through its 40-story iconic complex in Sector 18, Noida, encompassing over 2 million square feet. The portfolio includes three tiers of office spaces (Platinum, Gold, Silver) for lease and purchase, retail spaces, a 42,000 sq. ft. food court, a 5-screen 74,000 sq. ft. multiplex, and an exclusive Business Club with dining, wellness, and recreational amenities. The offering targets enterprises, retail brands, food and beverage operators, and entertainment tenants seeking a prestigious commercial address in the Delhi NCR region.

Product overview

Wave One is a 40-story commercial real estate development offering a portfolio of office and retail products centered around its 2 million square feet iconic structure in Sector 18, Noida. The product portfolio consists of three tiers of office spaces (Platinum, Gold, and Silver Offices) catering to different business sizes and budgets, complemented by retail spaces, a food court, and multiplex entertainment. A Business Club add-on provides exclusive recreational, dining, and business amenities to enhance tenant experience. The offering is designed by Brennan Beer Gorman Architects from New York and positioned as a premier commercial destination.

Differentiator

Problem solved

Functional benefit

Brands

• Wave One: Premium commercial mall and office space development in Sector 18, Noida

Products and services

• Platinum Offices Premium office spaces offering the highest tier of luxury and exclusivity, featuring private terraces on each floor, complimentary membership to all club amenities (health, swimming, tennis), a grand entrance lobby with opulent design, exclusive elevator access, and dedicated parking floors. Available for lease and sale to enterprise clients seeking a prestigious business address.
• Gold Offices Mid-tier office spaces offering a blend of luxury and functionality with exclusive elevator access, luxurious high-ceiling entrance lobby, and complimentary club memberships for tenants. Available for lease to businesses seeking premium office experience with luxury amenities.
• Silver Offices Functional and versatile office spaces designed with efficient layouts and a variety of sizes to accommodate diverse business requirements, from startups to established enterprises. Available for lease to businesses seeking practical workspace solutions.
• Retail Space Premium retail spaces situated on a prime plot of approximately 14,500 sq. m. featuring a four-sided open design, 5.9-meter-high ceilings, and a 20-meter-long sidewalk, designed as a premier shopping and entertainment destination with integrated entertainment, food outlets, and shoppers' promenade. For retail brands seeking high-visibility locations.
• Food Court Food court spanning 42,000 Sq. Ft. featuring a mix of fine dine restaurants and fast food joints with common open seating area for diners. For food and beverage operators and restaurant brands.
• Multiplex Multiplex facility spread over 74,000 Sq. Ft. featuring 5 screens with a seating capacity of 1,500 viewers, equipped with world-class technical equipment for movie viewing experience. For cinema operators and entertainment businesses.
• Business Club Exclusive club amenities including recreation facilities (lawn tennis court, yoga studio, gymnasium, water bodies), dining options (signature restaurant with 64 covers, exclusive bar with 18 covers, private lounge with 8 seats), business conference rooms (12+1 and 8+1 seating), snooker lounge, and gourmet meal delivery service. For tenants and members seeking premium lifestyle amenities.

Quantifiable outcome

• Over 2 million square feet of premium commercial space available for lease/sale
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Nukleus Office SolutionsminorOthers · 26 February 2026Nukleus Office Solutions has executed a Letter of Intent (LoI) with Wave One for leasing commercial premises in Noida. This represents a tenant relationship for office space leasing within the Wave One commercial complex.
• Brennan Beer Gorman ArchitectscoreStrategic or Co-development PartnerInternationally acclaimed architect Brennan Beer Gorman from New York designed the Wave One 40-story iconic structure. Their visionary design harmonizes aesthetics, functionality, and sustainability, setting new benchmarks in architectural excellence for commercial real estate.
• ASERO Security (Israel)minorOthersASERO from Israel serves as security consultants for Wave One, providing cutting-edge security solutions to protect businesses and individuals. Their comprehensive knowledge and innovative strategies ensure the highest level of security and peace of mind for tenants.

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Phoenix Mills Limited: Developer and operator of high-street retail and mixed-use destinations (e.g., High Street Phoenix, Phoenix MarketCity). Comparable to Wave One in operating premium retail-plus-entertainment complexes with anchor brand tenants.
• Prestige Group: Develops premium commercial office space and integrated malls in India (e.g., Forum, Prestige Tech Park). Comparable to Wave One in delivering high-end office plus retail destinations in tier-1 cities.
• Brigade Enterprises: Indian real estate developer with a strong commercial office and retail vertical (Brigade Tech Gardens, Brigade Opus), targeting similar enterprise tenants and operating mixed-use assets in major Indian metros.
• DLF Limited: India's largest real estate developer with a significant commercial office and retail portfolio across Delhi NCR. Operates mixed-use developments comparable to Wave One in scale and target tenant base (enterprise and retail brands).
• Nexus Select Trust: India's largest retail REIT with a portfolio of premium malls operated with anchor tenants similar to Wave One's retail mix (Levi's, Puma, etc.). Closely comparable in mall-based recurring revenue model.

Broad incumbents

• Brookfield India Real Estate Trust: India-focused commercial office REIT operating large office parks with global tenants. Comparable to Wave One in commercial leasing model and enterprise tenant focus, with a much larger portfolio.
• Embassy Office Parks REIT: India's first listed office REIT operating large-scale commercial office parks leased to multinationals. Comparable to Wave One in office leasing economics and tenant profile, though operates at a much larger portfolio scale.
• Godrej Properties: Large diversified Indian developer with commercial office and retail developments in NCR. Comparable to Wave One in commercial leasing operations, though primarily focused on residential with commercial as adjunct.

Regional players

• Lulu Group International: Operator of large-format shopping malls and retail destinations, primarily in the GCC region. Comparable to Wave One in anchor-tenant-led mall operations, though operating in a different geography.
• Oberoi Realty: Premium mixed-use developer focused on Mumbai (Commerz, Oberoi Mall). Comparable to Wave One in luxury and integrated commercial positioning, though operates in Mumbai rather than NCR.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/WaveOneNoida1
• Instagraminstagram.com/waveonepvtltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wave One