After the unfortunate incident of the demise of the Wave Group Chairman Mr. Gurdeep Singh (Ponty) Chadha, it has been a cause of concern for some of the associates. So, in order to satisfy all of them, the Joint Managing Director, Mr. Manpreet Singh Chadha released a press note answering all those queries which are boggling the mind of all the associates.
He cleared that funding of all the real estate projects across regions are in place through bank debt and internal accruals. Wave Infratech continues to maintain excellent relations with its bankers and investors and does not see any funding related issues for any project.
Note also cleared that, he as Joint Managing Director with Mr.Rajinder Singh Chadha, Managing Director, will be heading and managing the real estate business. Also promises to deliver the projects withing the promised time frame.