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IITL Projects Limited invested Rs 5 crore in SAM’s “Palm Olympia” housing project in Greater Noida
14-Nov-2026, 07:27

IITL Projects Limited entered into a strategic investment agreement with SAM (India) Abhimanyu Housing on November 14, 2026, to invest Rs 5 crore in Phase 4 of the “Palm Olympia” group housing project being developed in Greater Noida, Uttar Pradesh, as a strategic financial contribution towards its development cost. The agreement stipulates an interim return of 7.5% per annum on the outstanding investment amount and a project return at the same rate upon completion, with the company having the option to exit the investment with a 30-day notice and interest payment.