8/7/2024, 1:45:07 pm

TATA Realty secures Rs 825 crore loan from IFC

Tata Realty has secured a ₹825 crore loan from the International Finance Corporation (IFC) to refinance its Ramanujan Intellion Park in Chennai, a 4.67 million sq ft green commercial space. The loan will support Tata Realty's sustainability efforts, aiming for net-zero carbon buildings. The company plans to launch 9 million sq ft of residential inventory in the next four years.