+
Tata Realty Secures Rs 12.8 Billion Green Loan for Gurugram Park
Real Estate

Tata Realty Secures Rs 12.8 Billion Green Loan for Gurugram Park

Tata Realty & Infrastructure Ltd has secured a Rs 12.8 billion green-loan facility from DBS Bank India, supporting the development of Intellion Park, Gurugram — a modern 2.1 million sq ft office campus comprising four towers under the company’s flagship Intellion brand. The funding has been availed through a dedicated special-purpose vehicle (SPV).

DBS Bank India served as the sole advisor and green-loan coordinator for the transaction. Santanu Mitra, Managing Director and Country Head – Corporate Banking (Large and Midcap), said the deal demonstrates how responsible financial solutions can simultaneously enable sustainability goals and business growth, highlighting DBS’s customised approach to green financing.

Sanjay Dutt, CEO of Tata Realty & Infrastructure Ltd, said the green-loan facility reflects the Tata Group’s long-standing commitment to environmental and social responsibility. He added that the investment comes at a crucial time, as India’s commercial real-estate sector and global capability centre (GCC) ecosystem continue to expand, strengthening the country’s global position and reinforcing the group’s push for sustainable development.

Tata Realty & Infrastructure Ltd has secured a Rs 12.8 billion green-loan facility from DBS Bank India, supporting the development of Intellion Park, Gurugram — a modern 2.1 million sq ft office campus comprising four towers under the company’s flagship Intellion brand. The funding has been availed through a dedicated special-purpose vehicle (SPV). DBS Bank India served as the sole advisor and green-loan coordinator for the transaction. Santanu Mitra, Managing Director and Country Head – Corporate Banking (Large and Midcap), said the deal demonstrates how responsible financial solutions can simultaneously enable sustainability goals and business growth, highlighting DBS’s customised approach to green financing. Sanjay Dutt, CEO of Tata Realty & Infrastructure Ltd, said the green-loan facility reflects the Tata Group’s long-standing commitment to environmental and social responsibility. He added that the investment comes at a crucial time, as India’s commercial real-estate sector and global capability centre (GCC) ecosystem continue to expand, strengthening the country’s global position and reinforcing the group’s push for sustainable development.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code