Builders are unsatisfied with the RE Bill

Though the realestate (regulation and development) bill, approved today will churn out to be a stroke of luck for the asset buyers and the consumers, it has obtained a lot of condemnation from property developers for not including their points in it. The current approved bill does not favor to developers and does not offer any relax to them in regards of obtaining the tedious approvals and consents process in any prompt style.

Mr. Pankaj Bajaj, Managing Director of Eldeco Group

Eldeco Infrastructure and Properties Ltd. (EIPL) inherit its equity from the parent brand Eldeco Group. EIPL was established by Mr. Pankaj Bajaj in the year 2000 with aim to promote a vast array of real estate verticals.

Mr. Pankaj Bajaj, Managing Director of Eldeco Group and President of CREDAI NCR, is presently working on improvisation of transparency in real estate sector.

Eldeco Infrastructure and Properties Ltd.

Greater Noida is congregating rapidity and rising as a major freight and logistics nucleus. Many big players are preparing to have their store housing facilities in this region. A number of leading companies are also focusing the belt for production units.

Therefore, Mr. Pankaj Bajaj, MD of Eldeco Group is also targeting this region for his upcoming commercial projects. Eldeco Group already had delivered one of its commercial project, Eldeco Arcadia in Sector Pi.

Mr. Pankaj Bajaj, Managing Director, Eldeco Group

Real Estate Company Eldeco infrastructure has launched its second residential project with name of Eldeco Hillside at National Highway-8 (NH-8), Neemrana. 

This ambitious residential project of Mr. Pankaj Bajaj, Managing Director, Eldeco Group will offer High Rise and Low Rise Housing option that too at affordable price.

Pankaj Bajaj, Managing Director of Eldeco Group

Mr. Pankaj Bajaj, Managing Director of Eldeco Group on behalf of over 130 big and small real estate players of National Capital Region (NCR) spoke to Sumit Kumar on no-holds barred interaction on demerits of the real estate regulatory Bill.

Mr. Pankaj Bajaj said we will follow our own regulation which has proven successful in past. Our aim is to eradicate the misconception of customers that investing in a real estate is mistake.

Pankaj Bajaj' s comment at Supreme Court Order

The Supreme Court order, cancellation of the purchase of 156 hectares of land by the Greater Noida Industrial Development Authority (GNIDA) has punch customers and real estate developers hard.

Commenting on this matter, Pankaj Bajaj, President of CREDAI NCR and MD of Eldeco Group said, Most of the crisis hit land was lying fallow, and, thus reversing the situation by giving it back to land owners won't be a big deal.

Pankaj Bajaj, Eldeco Group

Mr. Pankaj Bajaj, Managing Director of Eldeco Group is planning to expand his real estate business to surroundings of Delhi NCR in cities like Sonipat, Panipat and Kundli.

Eldeco's Pankaj Bajaj says that real estate market in these regions is growing rapidly due to certain factors like Infrastructural Development, Educational Institutes, proximity to Delhi NCR, Foreign Direct Investment (FDI), Connectivity, Presence of various facilities and industrialization.

Mr. Pankaj Bajaj is serving as President, CREDAI NCR, since 2011.

Eldeco's Pankaj Bajaj

Mr. Pankaj Bajaj started expansion program of Eldeco Group in the year 1999 and started operating activities of group from Lucknow and Kanpur.

Eldeco Group

In 2000 Mr. Pankaj Bajaj instated new real estate organization under Eldeco Group, Eldeco Infrastructure and Properties Ltd. (EIPL) with a view to expand rapidly in Delhi National Capital Region (NCR).

Mr. S K Garg is the Chairman and Mr. Pankaj Bajaj is the Managing Director of Eldeco Group.