Tata Realty Emphasizes Commercial Property Development Strategy

Tata Realty Emphasizes Commercial Property Development Strategy In a significant strategic move, Tata Realty & Infrastructure Limited (TRIL) has announced its intention to pivot towards commercial properties, aiming to increase its share from 50% to 70% over the next three years. This shift marks a departure from its traditional emphasis on residential properties and Real Estate Investment Trusts (REITs) in the Indian market. The company's ambitious plan is underpinned by the launch of its brand 'Intellion' and a commitment to sustainability through the development of environmentally friendly properties certified as 'Green Platinum'. A Paradigm Shift in Indian Real Estate TRIL currently boasts approximately 10 million square feet of built commercial space and is set to augment this by an additional 20 million square feet. This expansion is strategically aligned with mitigating risks associated with residential investments, offering investors a diversified p...