As global real estate pivots toward sustainability, Tata Realty and Infrastructure Ltd has taken a significant leap by securing ₹825 crore in funding from the International Finance Corporation (IFC). This capital will go toward refinancing one of its key assets — Ramanujan Intellion Park in Chennai — a green-certified business park built with long-term environmental goals in mind.
Located along Chennai’s Old Mahabalipuram Road in the Taramani district, the sprawling campus covers 25 acres and is home to a blend of Special Economic Zone (SEZ) spaces and commercial zones. Designed with green building principles, the park is engineered to deliver over 42 percent energy savings and reduce the consumption of water and raw materials by more than 20 percent.
What sets the project apart is its scale and mixed-use infrastructure. Hosting over 40,000 professionals daily, Ramanujan Intellion Park features six premium office towers, a luxury hotel under the Taj brand offering 112 serviced residences, and a 1,500-seat convention facility, creating a self-contained business environment.
Sanjay Dutt, Managing Director and CEO of Tata Realty, noted that the funding from IFC is a strategic move to deepen the company’s sustainability initiatives. He emphasized that green infrastructure isn’t just a value-add anymore — it’s a necessity for future-proof development.
For IFC, which is part of the World Bank Group, this investment signals confidence in India’s evolving green real estate market. Imad N Fakhoury, IFC’s Regional Director for South Asia, stated that innovative and environmentally conscious business parks like this are essential for pushing the industry toward low-carbon growth.
A wholly owned subsidiary of Tata Sons, Tata Realty has already delivered 17.6 million square feet of commercial real estate and is actively working on another 16.7 million square feet across India. With this new capital infusion, the company plans to further integrate sustainable technologies into its developments and continue leading the green building movement in the country.
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