Tata Realty & Infrastructure Ltd (Tata Realty) and DBS Bank India have entered into a ₹1,280 crore green loan agreement aimed at supporting the development of a large sustainable commercial campus in Gurugram, marking a significant step in India’s transition toward low-carbon infrastructure.
DBS Bank India acted as the sole advisor and green loan coordinator for the facility, which has been extended to a special purpose vehicle developing Intellion Park, a 2.1 million sq ft office campus comprising four towers under Tata Realty’s Intellion brand.
Focus on sustainability
The loan will be used to fund certified green assets that meet globally recognised sustainability standards. The Gurugram campus incorporates a range of environmentally focused features, including energy-efficient systems, rooftop solar, advanced water recycling through membrane bioreactor technology and pedestrian-centric design with a vehicle-free podium. The project forms part of Tata Realty’s broader ESG strategy.
Santanu Mitra, Managing Director and Country Head for Corporate Banking at DBS Bank India, said the transaction underlined the bank’s long-standing support for sustainable real estate and infrastructure development. “Leveraging our global expertise in structuring green loans, DBS is proud to partner with Tata Realty on a facility that enables clients to achieve both business and sustainability ambitions,” he said.
‘A new benchmark for green financing’
Sanjay Dutt, CEO of Tata Realty, described the deal as a “milestone transaction” that strengthens India’s ambitions for sustainable development. He said the loan reflects the Tata Group’s commitment to environmental responsibility and comes as India’s commercial real-estate and global capability centre (GCC) sectors continue to expand.
Tata Realty has built a strong sustainability track record, with its Intellion Park campus in Chennai recognised as India’s first IFC EDGE Zero Carbon certified development. The company’s 9.4 million sq ft office portfolio across Mumbai, Chennai and Gurugram has also received 5-star ratings under the 2025 Global Real Estate Sustainability Benchmark.
DBS, meanwhile, continues to grow its presence in sustainable finance and has received multiple international recognitions, including being named the World’s Best Real Estate Bank at the Euromoney Real Estate Awards 2025.
