Pankaj Bajaj, President CREDAI NCR & MD Eldeco Infrastructure

On the high value transaction tax, Pankaj Bajaj, President CREDAI NCR & MD Eldeco Infrastructure says “The idea behind 1 per cent TDS on property transactions of more than Rs 50 lakh is clearly to bring more and more property transactions under the tax ambit especially in the re-sale market where a significant component of the transaction value tends to be in black. This provision will also curb speculation in the property market.”

PankajBajaj, MD of Eldeco Group

Mr. Pankaj Bajaj, MD of Eldeco Group and President of CREDAI-NCR while representing 130 real estate developers said that there should not be any fix model for proportion of penalties in case of a postponement in possession.

Mr. Pankaj Bajaj added that there should not be any regulating authority to decide at what cost a house should be sold. It's up to a buyer to make a decision before making the payment.

Pankaj Bajaj, MD of Eldeco Group

Mr. Pankaj Bajaj acquires an immense expertise in construction and real estate development of almost 15 years and has dealt with more than 200 projects himself all of these projects vary in category and sizes. Pankaj Bajaj has undertaken all of these projects in a well-organized way.

 

Developing community saw a promising leader in Pankaj Bajaj, MD of Eldeco Group hence nominated him for President, CREDAI NCR. Based on his skills and leadership qualities he was elected as President, CREDAI NCR in 2011.

Pankaj Bajaj, Eldeco Group

Panipat is gaining the attention of prospective realty investors due to certain features. Firstly it is a petrochemical hub and secondly it has the capability to uphold a booming residential and commercial real estate market.

Pankaj Bajaj

“The government has approved the acquisition of 5,000 acres for the development of petroleum, chemicals and petrochemical industries here. The proposed region is expected to attract 400 companies and an investment of more than Rs 13,000 crore in the next few years,” Pankaj Bajaj, MD of EldecoGroup .

Eldeco's Pankaj Bajaj

Eldeco Group has been recognized nationally for its pure & clear standard driven business philosophy. 

Mr. Pankaj Bajaj

The Eldeco Group has completed over 200 real estate projects straddling townships, group housing, buildings, shopping malls and office complexes under administration of Mr. Pankaj Bajaj, Managing Director and Mr. S K Garg, Chairman, Eldeco Group.

Mr. Pankaj Bajaj stands rigid at his and Eldeco Group’s commitment “Creating Value and cementing Trust”.

Pankaj Bajaj, Eldeco Group

Over than 15 years of proficiency in real estate development & construction, Mr. Pankaj Bajaj has implemented his professional tactics in more than 175 real estate projects and executed development process on his own.  

He has linked with the Eldeco Group as Promoter Director of group in 1996. His commitment towards work made him Managing Director of the Eldeco Group in 2001.

He has completed his masters in 1995 from IIM, Ahmadabad.