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.

The Eldeco group has been at the forefront of real estate development in North India since 1975. The group has pioneered organized sector real estate development in this region. The main companies in the group are,

Eldeco Housing and Industries Ltd. (EHIL) : Incorporated in 1985, EHIL has held an uninterrupted market leadership position in most major towns of UP, most notably Lucknow and Kanpur. EHIL is listed on the Bombay Stock Exchange and has had an uninterrupted dividend paying record since inception.

Eldeco Infrastructure and Properties Ltd. (EIPL) : Incorporated in 2000 to professionally undertake projects in the NCR, EIPL in recent years has had rapid growth in other regions as well. EIPL is a closely held unlisted company that also acts as the promoting company for many project specific special purpose companies.

The group is professionally managed under the chairmanship of Mr. S K Garg, who has over 30 years experience in real estate business. He has received several awards acknowledging his and Eldeco's contribution in the field of construction and housing. Mr. Pankaj Bajaj is the Managing Director of both EIPL and EHIL. He is an MBA from Indian Institute of Management, Ahmedabad with over 10 years experience in construction and real estate development. Business heads and other senior managers in the group are all well-qualified professionals with wide experience in their respective fields.