Monday, 22 October 2012

Eldeco Real Estate


Real Estate business helps in fulfilling the requirements of people related to lands. It provides a platform to people for buying and selling various properties under one roof. The importance of this business brings many companies to work in this sector. Likewise, there are many companies which are doing business in the real estate and the construction sector.

Eldeco is one of such organization. Eldeco was founded by Mr. S.K.Garg in 1975. It has been doing business in real estate and construction field for more than 35 years now. It started its business in Agra and a few parts of UP initially. It was not a public company in the beginning; however it became listed on the Bombay Stock Exchange and became public later on. Eldeco has completed a long way from that time. Gradually it increased its business to other parts of UP and Delhi NCR as well. It started two companies later on; Eldeco Housing and Industries Ltd. (EHIL) and Eldeco Infrastructure and Properties Ltd. (EIPL). The idea of founding EIPL was given by the managing director of the company, Mr. Pankaj Bajaj. Before the start of EIPL, Eldeco was a regional player with doing business in mainly Agra and a few places in UP. However, after the start of this company Eldeco was transformed into a national player with expanding its business to most of the Northern India. Eldeco has finished more than 175 projects successfully now. It is the service provider to more than 15000 satisfied customers. Eldeco creates infrastructures which are up to the mark in terms of the quality and designing it uses for its projects. Eldeco’s state of the art Industrial project, Eldeco Sidicul Industrial Project in Sitagunj, is considered to be one of its best so far. This project is one of its kinds which is ultramodern and has been spread in the wide area of 1096 acres.

Eldeco has been nominated in many categories for awards and has also achieved many of them. Eldeco achieved the Amity Corporate Excellence award for Best Infrastructure Developer in 2010. Also, Eldeco State One, Panipat was nominated under the category of “Best Residential Township” for North India by in CNBC AWAAZ Real Estate Awards, 2011. It also received star rating by CRISIL real estate for its Lucknow based flagship projects; Eldeco City & Eldeco Saubhagyam. Eldeco has become a leading player in the real estate and construction sector due to all these achievements. It has been an excellent service provider in terms of quality and customer satisfaction it provides.        

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