Real Estate Transactions
Tata Realty & Infra raises Rs.1,280-Cr in green loan from DBS Bank
Mumbai-based Tata Realty and Infrastructure Ltd (TRIL) has raised a green loan of INR 1,280 crore from DBS Bank India for a commercial project in Gurugram. DBS Bank India also acted as the sole advisor and green loan coordinator for this transaction.The loan facility was availed by Tata Realty's special purpose vehicle, which developed the commercial project 'Intellion Park' in Gurugram, a Grade A office campus with 2.1 million square feet of office space.The funds from the green loan are meant for certified green assets that meet global sustainability benchmarks, aligning with financing objectives for projects that provide environmental benefits.
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