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...
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NCR — India’s Largest Residential Market

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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...
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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...
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Faster Construction Cycles Would Benefit the General Public

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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...
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Real-Estate Industry is a Customer for the Construction Industry

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In contrast to developments in the corporate office space, demand for residential space remained subdued during January–March 2016 period. Despite price movements remaining stable, home buyers' demand remained low in recent months due to existing high price points coupled with a cautious buyer sentiment. In many ways, the year 2015 was a defining one for the residential real estate segment in India. This was the period when the market began to evolve, along with customer expectations as well as ...
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