Tata Realty raises Rs 1,280 crore from DBS Bank for Intellion Park Project

Tata Realty and Infrastructure has raised a Rs 1,280-crore green loan from DBS Bank India to develop its Intellion Park project in Gurugram, according to an official statement issued on Thursday.

Intellion Park offers 2.1 million square feet of office space and is part of the company’s larger Intellion-branded commercial portfolio.

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According to the company, the funds will be directed towards certified green assets that comply with global sustainability standards.

DBS Bank India’s head of Large Corporate Banking, Santanu Mitra, said that the bank remains focused on financing real estate and infrastructure projects with strong sustainability credentials.

“We have supported several innovative, sustainable developments across the country,” Mitra said.

Tata Realty & Infrastructure Ltd CEO Sanjay Dutt said, “The funding highlights the Tata Group’s long-standing commitment to environmental and social responsibility. The loan comes at a time when India’s commercial real-estate market and the global capability centre (GCC) ecosystem are witnessing strong growth”.

Tata Realty, a wholly-owned subsidiary of Tata Sons, has a commercial portfolio of 19.6 million square feet, including 9.4 million square feet of operational Grade A office space and 10.2 million square feet under development.

Tata Realty’s commercial portfolio, branded as Intellion, spans 19.6 million square feet, with 9.4 million square feet of operational Grade A office spaces and a further 10.2 million square feet in development.

Beyond commercial real estate, Tata Realty’s residential arm, Tata Housing, has more than 34 projects across major Indian cities and the Maldives. The company’s expansion of certified green assets is consistent with a broader trend in the industry towards sustainable construction and responsible lending practices.