IndustryLatest Stories

Tata Realty & DBS Bank India ink ₹1,280 crore green loan

Representative AI image NEW DELHI: Tata Realty & Infrastructure (TRIL) in collaboration with DBS Bank India has secured a green loan facility worth ₹1,280 crore. In this transaction, DBS Bank India served as the sole advisor and green loan coordinator. The loan has been obtained by a special purpose vehicle (SPV) focused on developing Intellion Park in Gurugram. As India’s real estate sector expands, ESG-linked and climate-focused financing tools are becoming increasingly vital. A new white paper from Sundaram Alternates indicates that the real estate market is responsible for nearly 40% of global energy-related CO₂ emissions, underscoring the importance of…

CommercialLatest Stories

Smartworks Leases 557,000 Sq Ft at Intellion Park, Mumbai

NEW DELHI: Smartworks Coworking Spaces, a managed office platform, has secured over 5.57 lakh sq ft at Intellion Park, Navi Mumbai, developed by Tata Realty and Infrastructure. This acquisition brings the company’s total leased area in Mumbai to over one million sq ft. Neetish Sarda, the managing director and founder, stated, “Intellion Park, our largest managed office campus in the city, is tailored for enterprises seeking scale, speed, and seamless experience all under one roof.” Smartworks currently operates four campuses, each exceeding five lakh sq ft. The company has established a total footprint of 12 million sq ft across 14…