- Business
- IITL Projects Limited engages primarily in real estate development and construction, focusing on residential and commercial complexes within the National Capital Region (NCR) of India. The company develops housing projects under the Builders Residential Scheme (BRS) of authorities such as the Greater Noida Industrial Development Authority (GNIDA), New Okhla Industrial Development Authority (NOIDA), and Yamuna Expressway Authority (YEA). Its portfolio includes land acquired on long-term leases and projects executed both directly and through four special purpose vehicles (SPVs). Besides development, IITL Projects offers techno-commercial consultancy services including property advisory, feasibility and economic analysis, project management consultancy, title verification, leasing, and liaison assistance for infrastructure and real estate projects. The company operates as a subsidiary of Industrial Investment Trust Limited. Founded in 1994 and headquartered in New Delhi, IITL Projects Limited continues to expand its real estate and infrastructure activities with a focus on affordable housing and infrastructure projects. In recent developments, the company strategically exited several joint venture partnership firms in the 2023-2024 fiscal year, retaining only Capital Infraprojects to streamline its operations. IITL Projects maintains a robust financial and managerial team to support project execution and has undertaken recent financial consolidations with a reported revenue increase in 2024, reflecting a focus on sustainable and viable real estate solutions within the NCR market. The company was formerly known as Indo Green Projects Limited until its renaming in October 2010. IITL Projects Limited remains committed to leveraging its consolidated land bank and approvals while pursuing growth in affordable housing and infrastructure sectors in India.