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OVERVIEW

IITL PROJECTS LIMITED was incorporated as a Public Limited Company on 26th October 1994. At the time of incorporation, the Company was mainly engaged in the business of growing fruits and vegetable and trading in jute products. On June 4, 1996, the Company came out with initial public offer of 25,00,000 equity shares of Rs. 10/- each. The Company could not continue with the agro based activities due to regulatory constraints. The Company decided to move into area of real estate development.

The Company was taken over by M/s Industrial Investment Trust Limited (IITL), a NBFC and a listed Company through an open offer, in compliance of SEBI guidelines was made in July 2008, making the company a Subsidiary of Industrial Investment Trust Limited. The Board of Directors have extensive experience in Finance, Banking, Real Estate and Infrastructure fields.

The Company at present is focused on expanding its horizons in real estate and infrastructure activities. Besides development, of housing at affordable rates, the Company is also involved in providing techno-commercial consultancy to infrastructure projects.

In consistence with its vision, the company today delivers maximum value with highest level of quality and services. Today it is one of the upcoming real estate companies in India.

Strategically, IITL PROJECTS LIMITED land bank focuses not only on capitalizing on emerging market opportunities but also leveraging the vast potential of the country’s key urban centers in various segments especially in NCR of Delhi.

IITL PROJECTS LIMITED puts forth credentials of a financially viable and sustainable business proposition with its strength of consolidated land bank with clear titles and approvals; in place financial closures and a highly qualified team of managers, engineers and architects to add to its in-house project execution capabilities. As a company IITL PROJECTS LIMITED believes in constant improvisation, innovation along with financial jurisprudence by way of in-depth research and study.

The Company at present engaged in Real Estate business, construction of residential complexes in the National Capital Region (NCR). It has acquired plots of land on long term lease, under Builders Residential Scheme (BRS) of the Greater Noida Industrial Development Authority (GNIDA), New Okhala Industrial Development Authority (NOIDA) and Yamuna Expressway Authority (YEA). As per the Scheme the Company aims to plan, implement and build affordable houses and other infrastructure projects.