Following the Cabinet approval for the amendments to the Insolvency and Bankruptcy Code (IBC) on Wednesday, homebuyers lauded the government’s decision and which is a much-needed step in their favour.
CREDAI President, Eldeco MD Pankaj Bajaj feels that such decision could be counterproductive for the builders and real estate developers. “A decision like this is against the course of natural justice. It was a period of uncertainty for builders.
Affordable housing will be the main focus for real estate development in UP in the years to come. The projection comes from Pankaj Bajaj, MD Eldeco. Bajaj has been elected the new president of Credai-NCR.
Eldeco MD Pankaj Bajaj(Pankaj Bajaj Eldeco) is a newly elected President of CREDAI-NCR. Have a look at his expert opinion & views on real estate market trends.
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The Eldeco Group has been at the forefront of Real Estate development in North India since 1975. The group is synonymous with timely and quality delivery in a number of cities like Lucknow, Kanpur, Agra, Noida, Greater Noida and other parts of NCR of Delhi.
Eldeco MD Pankaj Bajaj(Pankaj Bajaj Eldeco) has received several awards acknowledging his and Eldeco's contribution in the field of construction and housing. He is an MBA from Indian Institute of Management, Ahmedabad with over 20 years’ experience in construction and real estate development.
Pankaj Bajaj Eldeco says that though the present of real estate is not that great, the future is bright. Affordable housing is emerging as the major segment of real estate.