Neovantage Innovation Parks, South Asia's leading private life sciences real estate operator, has secured a significant green loan of INR 300 crores from HSBC India. This marks HSBC’s first green loan in the life sciences real estate sector in India and u
Green LoanNeovantage Innovation ParksHsbc IndiaSustainabilityReal EstateReal EstateOct 07, 2024
A green loan is a type of financial product designed to support environmentally friendly projects and initiatives. These loans are typically used to fund projects that reduce carbon emissions, promote energy efficiency, or have other significant environmental benefits.
Neovantage Innovation Parks is the largest private life sciences real estate operator in South Asia. It is a joint venture between Ivanhoé Cambridge, the real estate arm of CDPQ, and Lighthouse Canton, with a portfolio of eight world-class, Grade ‘A’ facilities in Genome Valley, Hyderabad.
Neovantage Innovation Parks has secured a green loan valued at INR 300 crores (approximately C$ 50 million) from HSBC India.
LEED (Leadership in Energy and Environmental Design) certifications are awarded by the US Green Building Council to buildings that meet rigorous standards for energy efficiency, water conservation, and sustainability. Neovantage Innovation Parks’ buildings have earned Gold or higher LEED certifications for Operations and Maintenance (O+M).
This green loan is significant for HSBC India as it marks their first green loan facility in the life sciences real estate sector in India, highlighting their commitment to sustainable finance and environmental goals.
BJP MLA from Dahisar writes to aviation minister to intervene in redevelopment projects worth ₹7,000 crore involving 10,000 households.
Mumbai's civic body allocates only Rs 800 crore to BEST, falling short of the requested Rs 3000 crore for new buses.
The company plans to enter the Mumbai market this fiscal, with a focus on luxury homes and a revenue potential of ₹1.04 lakh crore.
The Phoenix Mills Ltd, a prominent player in the real estate sector, has announced a 1:1 bonus share issue and a dividend of Rs 5 per share, benefiting its investors.
Pune was abuzz with excitement as Joyville, a premier housing project by Shapoorji Pallonji Real Estate, hosted a mesmerizing live performance by the legendary Sukhwinder Singh. P. Rajendran, Chief Sales and Marketing Officer of Shapoorji Pallonji Real Es
Despite a slight decline, the survey confirms the enduring appeal of luxury real estate as a wealth-building asset among high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs).