Tata Realty & DBS Bank India sign ₹1,280 Crore Green Loan Facility

DBS Leads as Sole Advisor & Green Loan Coordinator

The facility has been availed by a special purpose vehicle (SPV), which is behind the development of Intellion Park, Gurugram, an ultra-modern 2.1 million sq. ft. campus comprising four towers under Tata Realty’s flagship Intellion branded office spaces. The green loan exemplifies the company’s ESG vision, with the funds being deployed towards certified green assets that meet globally recognised sustainability benchmarks. The Intellion campus integrates high-performance green building standards, including energy efficient systems, rooftop solar installations, advanced water recycling via membrane bioreactor technology, biophilic design elements, vehicle-free podium for pedestrian-friendly spaces.

Santanu Mitra, Head of Large Corporate Banking, DBS Bank India, said, “Real estate and Infrastructure is a key focus for DBS Bank India, and we have supported several innovative, sustainable projects being developed across the country. Leveraging our global expertise in structuring green loans as well as our local market experience in the sector, DBS was proud to be a trusted partner to Tata Realty & Infrastructure on its Green Loan facility. This marquee transaction underscores how responsible financial solutions can drive beneficial environmental outcomes, with customisation that enables clients to achieve both their business and sustainability ambitions.”

Sanjay Dutt, CEO Tata Realty & Infrastructure Ltd., said, “We appreciate DBS Bank’s support on this milestone transaction, which sets a new benchmark for large-scale green financing in India. At Tata Realty, we are committed to building sustainable, future-ready commercial assets that create long-term value and advance India’s net-zero goals. This green-loan facility reflects the Tata Group’s legacy of social and environmental responsibility and comes at a time when India’s commercial real-estate sector and GCC ecosystem are rapidly expanding. Initiatives like this strengthen India’s global standing and reinforce our commitment to responsible growth."

India’s commercial real estate market is witnessing robust growth, driven by strong economic fundamentals, rising institutional participation, and a decisive shift toward sustainability. Against this backdrop, DBS continues to champion transition financing and pragmatic sustainability-linked solutions for clients across sectors. Tata Realty builds on its established sustainability leadership, exemplified by Intellion Park in Chennai becoming India’s first International Finance Corporation (IFC) EDGE Zero Carbon certified campus, setting the tone for low-carbon, future-ready development across the Intellion portfolio.

Tata Realty’s entire office portfolio spanning 9.4 million sq. ft. across Mumbai Metropolitan Region (MMR), Chennai, and Gurugram—has earned a 5-star GRESB (Global Real Estate Sustainability Benchmark) 2025 rating, with all developments receiving green certifications. These accolades reflect Tata Realty’s commitment to environmental stewardship and social responsibility as well as its leadership in sustainable commercial real estate, backed by a brand purpose of ‘inspiring progress by building spaces responsibly and nurturing communities’.

DBS was recently recognised in multiple categories at the Euromoney Real Estate Awards 2025 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 consecutive year. Also in 2025, DBS Bank India was recognised as the Best Bank for Corporate Banking and Best Bank for Corporate Cash Management in India by CRISIL - Coalition Greenwich. Reinforcing its focus on responsible banking and business practices, DBS was also honoured as Best Bank for Sustainable Finance – India by Global Finance in 2024 by Euromoney.

About Tata Realty and Infrastructure Limited

Tata Realty and Infrastructure Limited (Tata Realty), a wholly owned subsidiary of Tata Sons Private Limited, is one of India’s leading institutional real estate developers. Guided by the Tata Group’s commitment to nation-building, the company develops smart, secure, and sustainable spaces across residential and commercial segments.

Its 19.6 msf commercial portfolio, branded as Intellion, comprises 9.4 million sq. ft. of operational Grade A office spaces and future potential/ under development 10.2 million sq. ft.. The portfolio hosts over 102 global and Indian enterprises and includes India’s first IFC EDGE Net Zero Carbon campus at Intellion Park, Chennai.

The residential arm, Tata Housing, has 34+ projects across major cities and the Maldives, spanning value to luxury housing. Together, Tata Realty and Tata Housing deliver responsible, future-ready developments that shape India’s built environment.

For more information, visit https://tatarealty.in/ or https://www.intellion.in/ or https://www.tatahousing.com/

About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia, and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. In 2025, CRISIL Ratings reaffirmed its ‘CRISIL AAA/Stable’ rating on the corporate credit facility of DBS Bank India Ltd (DBIL). The rating on the certificate of deposits programme was also reaffirmed at ‘CRISIL A1+’. 

Recognized for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney, and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025. DBS Bank India was recognized by CRISIL - Coalition Greenwich as the Best Bank for Corporate Banking and Best Bank for Corporate Cash Management in India in 2025. In the same year, Euromoney also named DBS Bank India the Best Digital Bank for SMEs in India.  

As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. 

DBS Bank has been present in India for more than 30 years, opening its first office in Mumbai in 1994. DBS Bank India Limited is the first among the large foreign banks in India to start operating as a wholly owned, locally incorporated subsidiary of a leading global bank. As a trusted partner, DBS provides a range of banking services for large, medium, and small enterprises and individual consumers in India, focusing on a seamless customer experience that helps them ‘Live more, Bank less’. In November 2020, Lakshmi Vilas Bank was merged with DBS Bank India Limited. DBS Bank India is now present in ~350 locations in 19 Indian states. 

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience. 

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com. 

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