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

Zomato Leases 2.7 Lakh Sq Ft Office in Gurugram

Eternal Ltd’s Zomato has secured a lease for 270,000 sq ft at Tata Realty and Infrastructure’s Intellion Park in Gurugram to expand its office space in the area, according to two sources familiar with the situation. The food delivery service is also in advanced discussions to lease around 1 million sq ft more in Gurugram, with the potential to double this space, which could become one of the largest office leasing agreements in the country. Zomato already occupies a significant office space in the Pioneer Group building within the same vicinity. Details regarding the monthly rent remain undisclosed. Both Zomato…