Eldeco Infrastructure and Properties Limited is a prominent real estate company in Northern India and is part of the Eldeco Group. Established as Eldeco Construction Private Limited in 1975, Eldeco Group was founded by S. K. Garg, a civil engineering-turned-businessman. Since its inception in 2000, Eldeco Infrastructure and Properties Limited has grown at a remarkable top-line growth rate of 70% per annum and at present, the company's aggregate value of projects (both delivered and in hand) stands at INR 1400 crores. Throughout its existence, Eldeco Group has espoused an ethical business philosophy and has encouraged sound management practices. Such commitment to quality and integrity has helped the company get an ISO 9001 rating and a DR2 rating from ICRA Ltd. (an associate of Moody's Investors Service).
Eldeco Infrastructure and Properties Limited is the part of Eldeco group, one of the major players of real estate development in North India since 1975. The Eldeco Group has till now completed about 150 real estate projects and construction projects. Currently, the company is involved in the development of various projects in Noida, Greater Noida, Faridabad, Gurgaon, Sonepat, Panipat, Ludhiana, Jalandhar, Lucknow, Kanpur, Panchkula and Sitarganj. The Eldeco Infrastructure and Properties has carved its niche in all the major real estate classes - multi storey group housing, residential townships, shopping malls, industrial parks, SEZs, office buildings and hotels.
Over the years, Eldeco has undertaken various projects including mini cities, group housing projects, and budget housing, commercial complexes across strategic locations in Northern India. Subsequently, the Group's total construction experience has increased remarkably from a mere 18 thousand sq. ft. to an awesome 120 lakh sq. ft. The company has already completed 45 projects in Lucknow, Kanpur, Agra and Ghaziabad with 18 more under-construction. As a result of commendable achievements in key business verticals of township development, group housing, commercial complexes and contract work, Eldeco enjoys leadership position in Lucknow, Kanpur, Agra, Ghaziabad and Greater Noida and is moving at a fast pace in Gurgaon & Faridabad.
Eldeco Infrastructure and Properties group has assumed the construction of residential development of about 15000 residential places and commercial units. The group boasts having profound expertise in building economic housing and commercial units in 1, tier 2 and tier 3 tier towns. This business group is working on an exquisite industrial park project with a trail of approximately 1196 acres, in a joint scheme with SIDCUL, the government of Uttarakhand undertaking assigned with industrial development of the state. The group is now working to diversify in East and Central India, in addition to its current zone of Northern states of Uttar Pradesh, NCR, Haryana, Punjab and Uttarakhand.
Note: Last updated on July 10,2009.