As a part of the government initiatives, RBI has declared concessional schemes for real estate sector like Urban Land Act repealed by increasingly larger number of states and in case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres and so on. Further, to bring transparency in the process, the Ministry of Commerce and Industry Govt. of India has taken definitive steps to reduce the time taken to develop social economic zones (SEZs) by simplifying the procedures. Now, new developers can easily get their land categorized as SEZ at the outset itself.

SK Garg is also the chairman of Eldeco Group and is supervising more than 200 projects in various regions in India, especially in the North of India that include cities like Noida, Ghaziabad, Lucknow etc. Before establishing Eldeco, he worked as a real estate consultant to one of the property dealing groups in Agra. Basically, Mr. SK Garg started his professional life as a civil lecturer in one of most reputed colleges in India, BITS, Pilani. After that, he moved over to the constructional and developmental sector where he founded his own company.

Today, constructional and developmental assets in India addresses the need for settled houses from a range of property segments like offices, residential, malls, hospitals, manufacturing sectors and logistics parks. Indian real estate sector has seen an exceptional growth in the past couple of years. This was lighted and fueled by two main ways. First, the increasing industrial sector had created a rush in demand for office buildings and residences. The commercial sector grew at a rapid rate of 10.8% in 2006-07 ,out of which, a growth of 11.8% was seen by the producing sector. Second, the relaxation policies of state had decreased the requirement for permission and licenses before taking mega construction projects.

Real estate is one sector in India which continues to grow year by year.Buying a property in India has become a herculean task due to the soaring prices .Real estate industry is worth millions  and India is expected to become the next realty hub.

He has completed more than 200 real estate projects.He has made eldeco a known name in the realty sector of India.Construction and development in whole of north India has been done by Eldeco Group.Still there are many live projects under it.Pankaj Bajaj has done remarkable work in this field and posses all the qualities to be India’s leading realty person.Eldeco group has the reputation of delivering quality and timely based services.