Wave Group to invest Rs 10 cr on AI tech in 4,200 acre township in Gzb
Wave Group Uppal Chadha Hi-Tech Developers Pvt Ltd is developing this township.
Real estate firm Wave Group on Thursday said it will invest Rs 10 crore in artificial intelligence (AI) technology to improve security features and other amenities at the 4,200-acre Wave City in Ghaziabad, Uttar Pradesh.
“Wave City will invest around Rs 10 crore in AI technology to provide superior quality security features to its residents,” Wave City said in a statement.
She added that some of the features that will be installed within the framework of artificial intelligence are ATM theft detection, forensic identification, parking management, and traffic management, among others.
Wave Group Uppal Chadha Hi-Tech Developers Pvt Ltd is developing this township.
CJ Singh, Chief Operating Officer of Wave City, said clients are looking for sustainable living spaces that are safe with integrated technology.
(Only the title and image for this report may have been reworked by the Business Standard staff; the rest of the content is generated automatically from a shared feed.)
First published: Jul 06 2023 | 6:02 PM ist