Eldeco MD Pankaj Bajaj on Dilli Aaj Tak

Eldeco MD Pankaj Bajaj complains that delayed projects are merely stuck in approvals or last-minute funding. 2017 may not have borne the results the developers expected before kick-starting their projects, but it seems 2018 will be a relief not only for them but for the homebuyers as well. With the introduction of RERA act and GST, in the first quarter of the year, the sales in real estate were affected but as Pankaj Bajaj, MD Eldeco says that this is just a phase and everything will be better once it will pass. He added that these acts will benefit in the long run and the positive outcome is yet to come.