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Tata Realty has obtained a Rs 825 crore loan from the International Finance Corporation (IFC) to refinance its green commercial project in Chennai, Tamil Nadu. The funding supports the strategic refinancing of Ramanujan Intellion Park, a sustainable real estate development that achieves emission reductions through renewables and carbon offsets. Located on Old Mahabalipuram Road in Taramani, Chennai, the 25.27-acre park includes a special economic zone (SEZ) processing area and a non-processing zone, emphasizing energy savings and environmental sustainability.
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Note: The above-mentioned news was first published by us in our ProjectX India | 1st August 2024 edition.. Get this issue or any of our editions by clicking here…
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