The Integrated Industrial Township Greater Noida Limited (IITGNL) is preparing to launch its first group housing plots scheme, with the aim of generating revenue of over Rs 1,100 crore.

IITGNL is a collaboration between the Delhi Mumbai Industrial Corridor (DMIC) and the Greater Noida Industrial Development Authority (GNIDA). It is designed as a smart township with advanced infrastructure and an automatic solid waste management system.

The board of IITGNL has recently approved the allotment rates, setting a reserve price of Rs 44,400 per square meter for the group housing plots. Officials expect the housing scheme to be launched within the next month, which will be a significant milestone in the development of Greater Noida as a modern residential and industrial hub.