|
Eldeco Infrastructure and Properties Ltd is one of the front running real estate developers in Northern India. It was established in the year 2000 as a part of the Eldeco Group and is credited for pioneering organized real estate development in the NCR of Delhi.
In the past 8 years it has expanded rapidly, growing at the rate of 80% per annum with projects worth Rs. 3500 crore in its kitty. The total construction area has increased from mere 18000 sq ft to a mammoth 120 lakh sq ft.
Projects
Eldeco Infrastructure’s ventures include building mini cities, group housing projects, budget houses and commercial complexes. It has completed 45 such projects in Lucknow, Kanpur, Agra and Ghaziabad and 18 other projects are under-construction. The company enjoys highest market value in the aforementioned cities and is moving at a rapid pace in Gurgaon and Faridabad.
Eldeco Infrastructure is looking to expand its integrated township’s concept in Panipat, Sonipat, Ludhiana and Jallandhar. The area of each township will be between 100-300 acres and will approximately cost Rs. 250 crore per township. Here it’ll develop some stylish and modern facilities for the middle class.
Strengths
The phenomenal growth that this company has seen could not have been possible without commitment to its values viz.
- Using advanced technology and innovations to meet international standards of quality
- Emphasis on timely completion of projects
- Ensuring careful planning and efficiency in operations
- Hiring professionals who have prior work experience with MNCs
- Giving prime importance to customer satisfaction
- Ethical business practices and sound management philosophy
It is this emphasis on quality and integrity that helped it achieve ISO 9001 rating and DR2 rating from ICRA. DR2 rating indicates that Eldeco Infrastructure has strong project development capacity, prospects of development of real estate projects as per plan and has a high ability to transfer ownership as per terms.
|
