Tata Realty and Infrastructure has secured a ₹1,280-crore green loan from DBS Bank India to fund its sustainable commercial project, Intellion Park, in Gurugram.
The loan, raised via a special purpose vehicle, will support the development of the Grade A office campus spanning 2.1 million sq. ft., with funds allocated to certified green assets that meet global sustainability standards. DBS Bank India has a strong focus on financing projects with robust sustainability credentials and has backed several innovative developments across the country.
Sanjay Dutt, CEO of Tata Realty, described the loan as a reflection of the Tata Group’s commitment to environmental and social responsibility, highlighting the growth potential in India’s commercial real estate market and global capability centres. Tata Realty’s commercial portfolio currently covers 19.6 million sq. ft., including 9.4 million sq. ft. of operational office space and 10.2 million sq. ft. under development.
News by Rahul Yelligetti.