Tata Realty secures Rs 825 crore loan from IFC to refinance its green IT park project, Ramanujan Intellion Park, in Chennai.

Tata Realty & Infrastructure secured a Rs 825 crore loan from IFC for refinancing its green IT park project, Ramanujan Intellion Park, in Chennai. The park, spanning 25.27 acres, features a Special Economic Zone (SEZ) processing area and a non-processing zone, aiming to contribute to Chennai's IT sector growth. The funding will support Tata Realty's efforts to integrate sustainable technologies and practices at the flagship asset, which hosts 40-60k professionals daily.

July 08, 2024
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