• Latest
  • Trending
Tata Realty secures Rupees 825 crore from IFC for advancement in India’s leading green asset

Tata Realty secures Rupees 825 crore from IFC for advancement in India’s leading green asset

8 July 2024
Data Story: Cochin Port achieves highest ever cargo traffic in FY25

Data Story: Vessels at anchorage fall in major Indian ports

1 July 2025
Data Story: NMDC iron ore price revision

Indian iron ore prices unlikely to see uptick on subdued DCE & SGX

30 June 2025
Chara Technologies builds electric motors without rare earths

Chara Technologies builds electric motors without rare earths

30 June 2025
Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director

Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director

30 June 2025
Japanese Telecom firm, NTT plans $864 million data centre REIT in Singapore: Report

Japanese Telecom firm, NTT plans $864 million data centre REIT in Singapore: Report

30 June 2025
Data Story: Coffee Futures Prices – ICE Arabica (New York) & Robusta (Europe) – As of June 6, 2025

Data Story: Indian Coffee exports jump in value term

29 June 2025
Tata Steel commemorates a decade of MOSAIC, its Diversity & Inclusion initiative

Tata Steel commemorates a decade of MOSAIC, its Diversity & Inclusion initiative

29 June 2025
OpenText appoints Kristen Ludgate to Board of Directors

OpenText appoints Kristen Ludgate to Board of Directors

29 June 2025
Cognizant’s Rs 1,583 cr investment in Vizag to generate 8,000 tech jobs

Cognizant’s Rs 1,583 cr investment in Vizag to generate 8,000 tech jobs

29 June 2025
Data Story: Vizhinjam Port handles 7.33 lakh TEUs in first year

Data Story: Vizhinjam Port handles 7.33 lakh TEUs in first year

29 June 2025
Data Story: Zinc prices rise as dollar weakens

Data Story: Zinc prices rise as dollar weakens

28 June 2025
Meta faces backlash over DEI cuts as companies clash on diversity policies

Meta plans to raise $29 billion for AI centres

28 June 2025
Tuesday, July 1, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

Tata Realty secures Rupees 825 crore from IFC for advancement in India’s leading green asset

in Blog
Reading Time: 2 mins read
0
Tata Realty secures Rupees 825 crore from IFC for advancement in India’s leading green asset

DBT Bureau

Pune, 8 July 2024

RelatedPosts

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

The role of Rare Earth metals in everyday technology

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

Tata Realty has secured an INR 825 Crore loan from the International Finance Corporation (IFC). This funding is earmarked for the strategic refinancing of Ramanujan Intellion Park in Chennai, a landmark development in sustainable real estate. As India’s first and largest IFC EDGE Zero Carbon certified asset, this certification recognizes the Park’s design and operational strategies that substantially reduce its carbon footprint, directly contributing to the fight against climate change. Ramanujan Intellion Park has achieved a complete reduction of emissions through renewables or carbon off-sets, saving more than 20 percent on water and embodied energy in materials while attaining over 42% percent of energy savings on-site.

Located strategically along Old Mahabalipuram Road (IT Expressway) in Taramani, Chennai, the 25.27-acre Ramanujan Intellion Park encompasses both a Special Economic Zone (SEZ) processing area and a non-processing zone. This fully owned and operational IT park hosts between 40,000 to 60,000 professionals across its six buildings daily, underscoring its high occupancy rate and vital role in the region’s IT infrastructure. Additionally, the park includes the Taj Wellington Mews Hotel facility, which offers 112 serviced apartments and a 1500 seater convention center in the non-processing zone, operated by Taj Hotels—which is a chain of luxury hotels and a subsidiary of Indian Hotels Company Limited (IHCL). The facility is entirely managed by women, enhancing service quality and championing gender equality and empowerment in the hospitality industry.

This financing initiative is a part of Tata Realty’s broader commitment to advance its sustainability efforts and elevate the standard of green commercial spaces across India. The funds will further integrate state-of-the-art sustainable technologies and practices at this flagship asset, which boasts a total leasable area of approximately 4.67 million sq ft of IT/ITES commercial office spaces.

Sanjay Dutt, MD& CEO of Tata Realty, elaborated on the funding’s impact, stating, “The financing from IFC is a strategic investment in advancing our efforts to enhance the sustainability and climate resilience of Ramanujan Intellion Park. It enables us to continue our leadership in green building practices and reinforces our commitment to developing environmentally responsible assets that align with global sustainability targets.”
TATA Realty and Infrastructure Limited is a 100% subsidiary of Tata Sons and one of the real estate development companies in India with an extensive portfolio of over 50 projects across 15 cities.

Related Posts

Infosys Chairman Nilekani predicts a long journey for enterprise AI Adoption

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

by databiztimes.com
26 June 2025
0

Athira Sethu Kochi, 26 June 2025 Infosys Chairman Nandan Nilekani addressed the company's annual general meeting and reiterated that the...

The role of Rare Earth metals in everyday technology

The role of Rare Earth metals in everyday technology

by databiztimes.com
18 June 2025
0

Athira Sethu Kochi, 18 June 2025 Rare earth metals are crucial to the technology that we use daily. These metals...

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

by databiztimes.com
8 June 2025
0

DBT Bureau Pune, 8 June 2025 Cognizant announced it has been named one of America’s Greatest Workplaces 2025 and one...

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

by databiztimes.com
4 June 2025
0

DBT Bureau Pune, 5 June 2025 In a growing wave of sophisticated cyber threats against the industrial sector, ransomware attacks...

Data Story: Cochin Port achieves highest ever cargo traffic in FY25
Data Story

Data Story: Vessels at anchorage fall in major Indian ports

by databiztimes.com
1 July 2025
0

DBT Bureau Bengaluru, 1 July 2025 Major ports like Paradip Port and Deendayal Port (Kandla) continued to see heavy traffic...

Read moreDetails
Data Story: NMDC iron ore price revision
Data Story

Indian iron ore prices unlikely to see uptick on subdued DCE & SGX

by databiztimes.com
30 June 2025
0

Debasis Mohapatra Bengaluru, 1 July 2025 Tepid iron ore futures price in key commodity exchanges point towards a dim pricing...

Read moreDetails
Chara Technologies builds electric motors without rare earths
Tech

Chara Technologies builds electric motors without rare earths

by databiztimes.com
30 June 2025
0

Athira Sethu Kochi, 30 June 2025 In the last few months, the world auto industry has encountered a new challenge,...

Read moreDetails
Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director
Media Release

Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director

by databiztimes.com
30 June 2025
0

DBT Bureau Pune, 30 June 2025 The Board of Directors of Karnataka Bank has accepted the resignation of the Bank’s...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.