Tata Realty and Infrastructure (TRIL) has chalked out plans to scale up its operation across major cities, said CMD, Sanjay Dutt. He elaborated that Mumbai-based TRIL currently has 20 mn sq ft of commercial projects at various stages of development and is planning new acquisitions to build residential and commercial projects. TRIL’s realty operations cover corporate offices, IT parks and shopping centres. In the last one year, TRIL and Tata Housing has been operating with a single management team with Dutt heading both the businesses, along with Tata Value Homes. As of now, the company's commercial to residential ratio is around 20:80, but hereon, it will be more focused on commercial real estate and selective residential projects.
📅Published on:
04 July 2019
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