IITL Projects is planning to enter into a new line of business in the areas of brokerage services, construction consultancy and project management services, subject to such statutory and regulatory approvals, as may be applicable. The Board of Directors of the Company at their Meeting held on May 22, 2026, has proposed the same.
The company was involved in the Real Estate business; however, presently the company is not generating any operational revenue from its business activities and is sustaining operations mainly through other income. The proposed new line of business is intended to enable the company to explore alternative business opportunities and create potential sources of operational revenue in the future, which may support continuity and sustainability of business operations.
IITL Projects is engaged in Real Estate business for construction of residential complexes and provides consultancy in the National Capital Region (NCR).
