Tata Realty And Infrastructure Limited - Company Overview
Infrastructure and Real Estate are recognized as critical sectors for facilitating growth and TATA Sons has setup Tata Realty and Infrastructure Limited (“TRIL” - a 100% subsidiary) as an infrastructure & real estate development company. The company was established in March 2007.
To finance these initiatives, TRIL has set up a US$ 750 Million offshore Real Estate Fund, and is looking to set up another offshore Infrastructure Fund for approximately US $ 1 Bn by end 2009.
To develop world-class Infrastructure and Real Estate projects which contribute to national economy and enhance the quality of life.
Tata Realty and Infrastructure Limited (TRIL) is currently evaluating opportunities in the real estate sector and is also actively participating in projects in the infrastructure sector. With demand for large commercial spaces and retail malls driving rapid development of available land, TRIL will focus on long term projects of national significance, as well as shorter term projects in real estate.
As is with all Tata Group companies, selection of projects is a specialized process, with the eventual selection list scoring high not only on business objectives, but also on the guiding Tata values and group policies.