The Eldeco group was founded in 1975 by Mr. S K Garg in Agra to professionally undertake real estate and construction projects. Before this, he had a long stint as a lecturer in Civil Engineering at BITS Pilani and thereafter as a consultant in Agra. During his consultancy in Agra and nearby towns, he sensed a void in the field of professional construction and real estate development. Eldeco Construction Pvt. Ltd. (ECPL) was formed with a vision to excel in this field on the ideals of timely delivery, ethics in business dealings and transparency.

1975 - 1984 : ECPL undertakes real estate and construction projects in Agra and other towns of UP and gradually acquires a strong reputation for its fair and transparent business practices.

1985 : Eldeco Housing and Industries Ltd. (EHIL) goes public and is listed on the Bombay Stock Exchange. Public issue hailed by investors in Eldeco's catchment area as a source of local pride.

1985 - 1993 : Eldeco strengthens its position as the market leader in UP. Establishes strong presence in Lucknow developing amongst others, 300 acres in joint development with Lucknow Development Authority - one of the first instances of Public Private Partnership (PPP) in the country.

1993 : Mr. O P Bajaj, a prominent Agra based businessman and erstwhile client and friend of Mr. S K Garg, joins EHIL as co-promoter. The added financial and business muscle allows the group to add many more projects to its portfolio in the next few years.

1996 : Mr. Pankaj Bajaj, son of Mr. O P Bajaj, joins Mr. S K Garg as a promoter director on the board of EHIL. His background includes a B Com. (Hons.) with distinction from Shri Ram College of Commerce (1993), Delhi, an MBA from IIM Ahmedabad (1995) and a short stint as a management consultant advising MNCs on their entry strategy in India.

1996 - 1999 : The Group expands its operations in Lucknow and Kanpur. Business focus is on development of large scale residential projects.

2000 : Mr. Pankaj Bajaj forms a new company, Eldeco Infrastructure and Properties Ltd. (EIPL), under the chairmanship of Mr. S K Garg. EIPL's focus is to have projects in the NCR of Delhi.

2000-2004 : EIPL expands rapidly in the NCR of Delhi with a number of successful residential projects especially in the Noida and Greater Noida region. EHIL continues its leadership position in Lucknow and Kanpur.

2005 onwards : Eldeco group expands rapidly with the integrated township format to Sonepat, Panipat, Ludhiana and Jalandhar. 2 Industrial Parks - 1200 acres in Sitarganj, Uttarakhand and 2500 acres multi product SEZ at Amravati, Maharashtra - in partnership with the respective State Industrial Development Corporation are tied up. FDI partnership is tied up for township projects in Lucknow and Jalandhar.