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.

Eldeco Group

After the grand success of Eldeco Eden Park, Eldeco Group presents its second residential project Eldeco Hillside a prime investment opportunity. This new residential project offers both high rise and low rise options that too at affordable price.

Mr. Pankaj Bajaj says “Eldeco Hillside is strategically located at Neemrana, a key location on Delhi-Mumbai industrial corridor”.

Pankaj Bajaj, the president of CREDAI NCR, said this project is encumbered with world class amenities.

Pankaj Bajaj, President, CREDAI NCR

In a discussion of realty experts on Infrastructural Development, where Mr. Pankaj Bajaj, President, CREDAI NCR and Mr. S K Garg, Chairman of Eldeco Group and realty players like Jindal Real Estate, Omaxe etc. were also present. Experts including Mr. Pankaj Bajaj had throw light on real estate projects in Sonipat, Kundli and Panipat and benefits of outspreading projects in these regions.

Eldeco Group

These regions are emerging as booming real estate market in Delhi NCR. “Sonipat, Kundli and Panipat are hot destinations for property investments in Delhi/NCR,” Mr. Pankaj Bajaj, Eldeco Group.

Eldeco's Pankaj Bajaj

Eldeco Group was established with an idea to improvise real estate sector, transparent policies & guidelines and timely delivery of projects, in 1975. Slowly this newly established group developed a strong reputation for its clear and transparent business principles. Mr. S K Garg took responsibility of developing real estate properties majorly in Agra and few selected cities of Uttar Pradesh. Mr. Pankaj Bajaj joined Eldeco Group in 1996.

  Mr. Pankaj Bajaj took group to new level of success by his continuous efforts. Mr. PankajBajaj is IIM alumnus.

Eldeco Group, Real Estate Developer

Eldeco residential and commercial spaces give you a chance to explore a great standard of living with total ease in everything you perform. 

Eldeco Group

The EldecoGroup is engaged in building property and construction process like construction of industrial property or development, residential property development and construction, commercial property construction and development and Plots construction and development.

Mr. Pankaj Bajaj minutely administers each procedure of property construction and development.