Real Estate: One of the Best Sector to Boost Your Economy

economy-pankaj bajaj eldeco
According to the research report of CREDAI, it’s assumed that by the tip of the 21st century around 305 million people in India can create cities and satellite towns in their home ground. The massive property market of India permits land availability in India at certain terms and conditional parameters. To urge something distinct below one roof is equally simple as well as a tough task at an equivalent time. This involves partnership, brokerage, agents, and direct contracts with developers and b...
More

Noida Authority Promises Water Supply with Land for Residents

water supply - pankaj bajaj eldeco
The Noida-Greater Noida authorities have come up with various methods for conserving groundwater, stop its depletion and also rainwater harvesting. This step has been taken in accordance with the order given by the national green tribunal (NGT) to take a step for effective groundwater conservation and also to prepare a roadmap for its conservation. Also, the NGT has banned the use of ground water for construction practices in the city. What’s to be noted is that the area has around three to four...
More

NCR — India’s Largest Residential Market

NCR-pankajbajajeldeco
Delhi being the very capital city of an overpopulated country such as India would obviously have high demand in case of its residential sector. Hence, owing to the problem of the capital getting clustered, way back in 1962, the Government was forced to create satellite cities for Delhi due to the growing population and shortage of land mass for industrialization. That’s when, the neighboring states like Haryana, Rajasthan and Uttar Pradesh came into consideration for developing the satellite cit...
More

End User Demand in Tier 2 markets is Intact

realestate - pankaj bajaj eldeco
While real estate market in metro cities has been seeing a steady rise but, the actual growth drivers in the next few years, according to industry insiders will be Tier II cities. Hence, initiatives such as Smart Cities Mission and Atal Mission for Rejuvenation and Urban Transformation are likely to improve the living standards and infrastructure of Tier II and Tier III cities. Experts of real estate such as Pankaj Bajaj, MD Eldeco and President of CREDAI -NCR believes that tier-2 is the new af...
More

Faster Construction Cycles Would Benefit the General Public

affordable housing-pankaj bajaj eldeco
Given the requirement of 26.5 million affordable housing units in India and project execution challenges and shortage of human resources, the traditional 'brick and mortar' construction is giving way to prefab structures and materials. Prefab technologies can be used to build homes quickly and cost-effectively, especially as traditional construction costs continue to rise. As the cost of borrowing is steep and developers are facing a liquidity crunch, time means money. Modular construc...
More