DBS Bank, Tata Realty Team Up for Green Loan Initiative

Tata Realty & Infrastructure (Tata Realty or TRIL) and DBS Bank India announced the signing of a ₹1,280 crore Green Loan Facility, reinforcing their focus on sustainable development and India’s transition to a low-carbon economy. DBS Bank India acted as the Sole Advisor and Green Loan Coordinator for the transaction.

The facility has been availed by a special purpose vehicle (SPV) developing Intellion Park, Gurugram, a 2.1 million sq. ft. campus comprising four towers under Tata Realty’s Intellion office spaces. The green loan will be deployed toward certified green assets meeting globally recognised sustainability standards. The Intellion campus incorporates high-performance green building features including energy-efficient systems, rooftop solar installations, advanced water recycling using membrane bioreactor technology, biophilic design elements, and a vehicle-free podium.

Santanu Mitra, Managing Director & Country Head – Corporate Banking (Large and Midcap), DBS Bank India, said, “Real estate and infrastructure is a key focus for DBS Bank India, and we have supported several sustainable projects across the country. Leveraging our expertise in structuring green loans along with local market understanding, DBS worked with Tata Realty & Infrastructure on this Green Loan Facility. This transaction highlights how financial solutions can support environmental outcomes with structures enabling clients to achieve their business and sustainability objectives.”

Sanjay Dutt, CEO Tata Realty & Infrastructure, said, “We appreciate DBS Bank’s support on this transaction, which sets a benchmark for large-scale green financing in India. At Tata Realty, we aim to build sustainable, future-ready commercial assets that contribute to India’s net-zero goals. This green-loan facility reflects the Tata Group’s commitment to social and environmental responsibility at a time when India’s commercial real estate sector and GCC ecosystem are expanding.”

India’s commercial real estate market is experiencing growth driven by economic fundamentals, increasing institutional participation, and a shift toward sustainability. DBS continues to support transition financing and sustainability-linked solutions across sectors. Tata Realty builds on its sustainability efforts, with Intellion Park in Chennai becoming India’s first IFC EDGE Zero Carbon certified campus.

Tata Realty’s 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 recognitions reflect Tata Realty’s focus on environmental responsibility and sustainable commercial real estate.

DBS received multiple recognitions at the Euromoney Real Estate Awards 2025, including World’s Best Real Estate Bank and APAC’s Best Real Estate Bank. In 2025, DBS Bank India was named Best Bank for Corporate Banking and Best Bank for Corporate Cash Management in India by CRISIL – Coalition Greenwich. DBS was also named Best Bank for Sustainable Finance – India by Global Finance in 2024.