Also government has taken many measures and initiatives in terms of policy making, to boost the Indian realty market. There is no denying the fact that these amendments would unlock the potential of the sector. Along with the Govt., Reserve Bank of India (RBI) has taken precise steps, whereby banks are allowed to come up with new schemes that are in favor of the property sector.

Pankaj Bajaj Eldeco News - The constructional and developmental sector in India is considered  a bigger eminence with the relaxation of the economy. This is because of the subsequent growth in business opportunities and labour movement, which resulted in rising need for business and housing area.
Today, the real estate sector in India is currently worth USD 15 billion and it is progressing at an outstanding rate of 30% yearly. This sector is the second largest employment sector in India after agricultural sector. Having reached maturity, this sector is attracting large investments, particularly Foreign Direct Investment (FDI).

Pankaj Bajaj son of a known business tycoon of Agra joined Eldeco Group Lucknow branch in the year 1996.As per his teachers he was a brilliant student at his school.He completed his graduation from Shri Ram College of Commerce,New Delhi.His hard work paid off when he was selected in the top most management college of India-Indian Institute Of Management(IIM) Ahmedabad.After completing his MBA from there he decided to be a part of real estate sector.In the year 2011 he was selected as the president of CREDAI(Confederation Of Real Estate Developers Associations Of India).Pankaj Bajaj is the managing director of Eldeco Infrastructure and Properties Ltd (EIPL) and Eldeco Housing and Industries Ltd(EHIL).

With continuos efforts of Pankaj Bajaj and his industry experience of more than ten years he has managed successful completion of more than 200 projects.It would be not wrong if say Pankaj Bajaj is the soul and shining star of Eldeco Group.

Pankaj Bajaj was born in the year 1972.His father Mr. O.P Bajaj is one of the leading business tycoons of Agra.Inspite of this he decided to join business of his father’s friend S.K Garg-Eldeco Group.Eldeco Group has always been in the forefront when it comes to development and construction work.

Eldeco Group - Real Estate Developer

Financial year 2013-14 will steer in a set of modifications that is certainly going to nip your money bag. Residing in luxurious house is set to become costlier from Monday as the Reduction in Abatement come into effect from April 1.

Mr. Pankaj Bajaj, MD of Eldeco Group says we have an array of high rise and low rise housing option in major cities and towns of India that too at affordable price.

Pankaj Bajaj, President CREDAI NCR & MD Eldeco Group

The real estate sector is annoyed at the Budget provision of imposing TDS (Tax Deducted at Source) at 1 per cent on deal of property above RS 50 lakh. Real Estate Developers fear that it may affect demand.

Pankaj Bajaj, President CREDAI NCR & MD Eldeco Group says this will bring maximum property dealings under the tax orbit especially in the resale market where a powerful element of the transfer value is likely to be in black.

Pankaj Bajaj

Mr. Pankaj Bajaj, MD of Eldeco Group and President of CREDAI-NCR says that if Real Estate regulatory Bill brings in a penalty percentage clause, it will be an unfair law but any how we would have to follow it because it would be a law and we can't go against law.

Mr. Pankaj Bajaj says leave the market free, let the competition among real estate developers grow, the real estate industry will get better on its own.