Tata Realty, DBS Bank India Sign ₹1,280 Crore Green Loan Facility for Gurugram Project
Tata Realty & Infrastructure Ltd. (TRIL), the real estate and infrastructure development arm of Tata Sons, has signed a landmark ₹1,280 crore Green Loan Facility with DBS Bank India.
The purpose of this financing is to support the sustainable development of the Intellion Park, Gurugram, a flagship commercial project under Tata Realty's Intellion brand of office spaces.
Key Details of the Transaction:
Amount: ₹1,280 crore.
Borrower: The loan facility has been availed by a Special Purpose Vehicle (SPV) of Tata Realty responsible for developing the project.
Project: Intellion Park, Gurugram, which is an ultra-modern, Grade A office campus spanning 2.1 million square feet and comprising four towers.
Role of DBS Bank India: DBS Bank India acted as the Sole Advisor and Green Loan Coordinator for the transaction.
Use of Funds: The funds will be deployed exclusively towards certified green assets within the project, ensuring they meet globally recognised sustainability benchmarks.
Commitment to Sustainability:
The Intellion Park campus is designed to integrate high-performance green building standards and features, including:
Energy-efficient systems.
Rooftop solar installations.
Advanced water recycling via membrane bioreactor technology.
Biophilic design elements (integrating nature into the architecture).
A vehicle-free podium to create pedestrian-friendly spaces.
This transaction is seen as setting a new benchmark for large-scale green financing in India, reinforcing the shift towards sustainable development in the commercial real estate market.
Quotes from Leadership:
Sanjay Dutt, CEO, Tata Realty & Infrastructure Ltd., commented on the significance of the deal:
“We appreciate DBS Bank's support on this milestone transaction, which sets a new benchmark for large-scale green financing in India. At Tata Realty, we are committed to building sustainable, future-ready commercial assets that create long-term value and advance India's net-zero goals. This green-loan facility reflects the Tata Group's legacy of social and environmental responsibility.”
Santanu Mitra, Head of Large Corporate Banking, DBS Bank India, highlighted the bank's commitment to sustainable financing:
“Real estate & infrastructure is a key focus for DBS Bank India, and we have supported several innovative, sustainable projects being developed across the country. Leveraging our global expertise in structuring green loans as well as our local market experience in the sector, DBS was proud to be a trusted partner to Tata Realty & Infrastructure on its green loan facility.”
Tata Realty's overall commercial portfolio, branded as Intellion, currently spans 19.6 million square feet, with 9.4 million sq ft of operational Grade A office spaces and a further 10.2 million sq ft in the development pipeline. The company continues to invest in expanding its eco-friendly commercial presence aligned with global sustainability norms.