As a part of the government initiatives, RBI has declared concessional schemes for real estate sector like Urban Land Act repealed by increasingly larger number of states and in case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres and so on. Further, to bring transparency in the process, the Ministry of Commerce and Industry Govt. of India has taken definitive steps to reduce the time taken to develop social economic zones (SEZs) by simplifying the procedures. Now, new developers can easily get their land categorized as SEZ at the outset itself.

SK Garg is also the chairman of Eldeco Group and is supervising more than 200 projects in various regions in India, especially in the North of India that include cities like Noida, Ghaziabad, Lucknow etc. Before establishing Eldeco, he worked as a real estate consultant to one of the property dealing groups in Agra. Basically, Mr. SK Garg started his professional life as a civil lecturer in one of most reputed colleges in India, BITS, Pilani. After that, he moved over to the constructional and developmental sector where he founded his own company.

Today, constructional and developmental assets in India addresses the need for settled houses from a range of property segments like offices, residential, malls, hospitals, manufacturing sectors and logistics parks. Indian real estate sector has seen an exceptional growth in the past couple of years. This was lighted and fueled by two main ways. First, the increasing industrial sector had created a rush in demand for office buildings and residences. The commercial sector grew at a rapid rate of 10.8% in 2006-07 ,out of which, a growth of 11.8% was seen by the producing sector. Second, the relaxation policies of state had decreased the requirement for permission and licenses before taking mega construction projects.

Real estate is one sector in India which continues to grow year by year.Buying a property in India has become a herculean task due to the soaring prices .Real estate industry is worth millions  and India is expected to become the next realty hub.

He has completed more than 200 real estate projects.He has made eldeco a known name in the realty sector of India.Construction and development in whole of north India has been done by Eldeco Group.Still there are many live projects under it.Pankaj Bajaj has done remarkable work in this field and posses all the qualities to be India’s leading realty person.Eldeco group has the reputation of delivering quality and timely based services.

Eldeco Chairman

Eldeco is one of the leading real state and manufacturing companies in north India. It is doing business successfully for more than 35 years now. Eldeco is handled by Mr. S.K.Garg as its chairman. He has strategies that make Eldeco stand out and rise among other real estate and construction companies. He has a vast experience in construction business. He started his career as a civil engineering lecturer in one of the best colleges in India and later on started working as a consultant.

After that he thought of starting his own company as he sensed there was a void in this sector. He started Eldeco on a principle that customers should get best of the services. Eldeco’s chairman Mr. S.K.Garg has an experience through which Eldeco has undertaken more than 175 projects successfully. He has achieved many awards as well in construction because of his contribution in this sector. Mr. S.K.Garg has experienced of many stages as the chairman of Eldeco. He started this company in 1975 and took up projects in Agra and a few part of UP. Gradually, he was successful in listing the organization on the Bombay Stock Exchange in 1985 and made it public. Then, he spread the business of Eldeco to more parts in UP. Eldeco was the first public company in India to join the Lucknow Development authority in the 300 acres joint development. Under his chairmanship, Eldeco has grown very well. Later on Mr. Pankaj Baja joined the organization and helped the chairman to transform Eldeco into a national player from regional player.

Eldeco’s business has increased to most of the UP and north India now. Mr. S.K.Garg has set up values for Eldeco which make it different in the real estate and construction sector. Under his flagship, Eldeco has spread his township programs to Sonepat, Panipat, Jalendhar, Jhansi and many more places. Also, he has made Eldeco perform very well and achieve many awards such as the best infrastructure developer award, best residential township award etc.

Eldeco’s Chairman Mr. S.K.Garg also understands the corporate social responsibility of any business as well. He has started programs that fulfill the basic need of the construction workers who work for Eldeco. Eldeco takes care of its laborer’s children by giving those meals, education, hygiene facility etc. Also, it organizes free medical checkup camps, where hundreds of people can go and get their medical tests done for free. Mr.S.K.Garg has been a responsible and successful chairman for Eldeco Group. 

Chairman S K Garg | S K Garg | Eldeco Real Estate | Eldeco Chairman