Tata Realty & Infrastructure Ltd. has signed a landmark ₹1,280 crore Green Loan Facility with DBS Bank India, marking a significant boost to India’s green commercial real estate landscape. The agreement demonstrates a shared commitment to sustainable development, low-carbon growth, and the country’s wider net-zero ambitions. DBS Bank India served as the Sole Advisor and Green Loan Coordinator for the transaction.
The green loan has been availed by a special purpose vehicle developing Intellion Park, Gurugram—a 2.1 million sq. ft. Grade A office campus featuring four advanced towers under Tata Realty’s Intellion brand. The funding will be deployed exclusively towards certified green assets that align with internationally recognised sustainability standards. The campus integrates high-performance green building features including energy-efficient systems, rooftop solar capacity, membrane bioreactor-based water recycling, biophilic design, and a vehicle-free podium that enhances pedestrian safety and comfort.
Santanu Mitra, Managing Director and Country Head, Corporate Banking (Large and Midcap) at DBS Bank India, said the bank has long prioritised sustainable real estate and infrastructure projects across the country. He noted that DBS leveraged both its global green loan expertise and strong domestic market understanding to support Tata Realty on this transaction. Mitra highlighted that responsible financial solutions can meaningfully advance environmental goals while enabling businesses to achieve commercial and sustainability targets simultaneously.
Sanjay Dutt, CEO of Tata Realty & Infrastructure Ltd., said the partnership with DBS marks an important milestone for large-scale green financing in India. He emphasised that Tata Realty is committed to developing future-ready, sustainable commercial assets that create long-term economic and environmental value. He added that the green loan reflects the Tata Group’s longstanding focus on social and environmental stewardship and comes at a time when India’s commercial real estate and global capability centres are expanding rapidly. Initiatives such as this, he said, bolster India’s international standing and reinforce Tata Realty’s commitment to responsible growth.
India’s commercial real estate sector continues to experience strong momentum, supported by steady economic fundamentals, rising institutional investment and a decisive shift towards sustainability. In this environment, DBS remains focused on championing transition financing and sustainability-linked solutions across industries. Tata Realty, meanwhile, continues to strengthen its leadership in green development—exemplified by Intellion Park Chennai, which became India’s first IFC EDGE Zero Carbon certified campus.
Tata Realty’s entire office portfolio, spanning 9.4 million sq. ft. across the Mumbai Metropolitan Region, Chennai and Gurugram, has achieved a 5-star GRESB rating for 2025, with all developments obtaining green certifications. Collectively, these accolades reflect the company’s commitment to environmental responsibility and its mission of building spaces that inspire progress and nurture communities.
DBS has also earned significant global recognition in recent years, including being named the World’s Best Real Estate Bank for the second consecutive year and APAC’s Best Real Estate Bank for the fifth year in a row at the Euromoney Real Estate Awards 2025. In India, DBS was named Best Bank for Corporate Banking and Best Bank for Corporate Cash Management by CRISIL – Coalition Greenwich, alongside previous honours for sustainable finance.
