Tata Realty and Infrastructure Limited (TRIL) is incorporated and registered in Mumbai — its registered office sits at the Voltas Premises in Chinchpokli, Mumbai City. Incorporated on 2 March 2007, the company is a 100 percent subsidiary of Tata Sons, giving it the balance-sheet depth and brand credibility of the wider Tata Group behind every project it undertakes across India. For the financial year ending March 2025, TRIL reported revenue of ₹2,010 crore, with revenue growing at a compounded rate of 24 percent year-on-year — numbers that reflect the scale at which the company now operates across cities.
TRIL's cumulative portfolio spans 53 projects, delivered and under construction, across residential, commercial, and retail asset classes. The company has developed and handed over approximately 9.4 million sq ft of commercial assets and maintains an operational commercial portfolio of 7.6 million sq ft, with a further 16.7 million sq ft in planning or active development. Every project TRIL has built — from affordable townships to Grade-A offices — carries a green certification from the Indian Green Building Council, making sustainability a structural commitment rather than a marketing choice.
TRIL's Mumbai presence divides cleanly into two registers. On the commercial side, Intellion Park in Ghansoli, Navi Mumbai, represents its most ambitious single investment in the region. TRIL is developing 7 million sq ft of IT, commercial, data centre, and high-street retail space across a 47.5-acre parcel, with a total investment commitment of over ₹5,000 crore in partnership with UK-based investment firm Actis. The project is planned as Navi Mumbai's largest IT campus, located opposite Ghansoli station with dual access via Thane-Belapur Road and Central Road. The Navi Mumbai commercial corridor commands monthly rentals of ₹60–70 per sq ft and absorbs 2–3 million sq ft of new leasing annually — the market context into which TRIL is delivering this campus. Across TRIL's existing commercial portfolio, key Intellion assets — Intellion Park, Intellion Edge, and Intellion Square — together cover over 6.3 million sq ft and run at over 94 percent occupancy, predominantly leased to Fortune-500 clients.
TRIL also has a separate commercial asset in Mumbai's western suburbs: Intellion Square, a premium Grade-A freehold building located within Infinity IT Park in Goregaon, one of western Mumbai's established IT corridors. Between Ghansoli and Goregaon, TRIL covers both the established office belt and the city's fastest-growing commercial nodes.
On the residential side, TRIL's footprint in the Mumbai Metropolitan Region extends north into Palghar district, where its subsidiary Tata Value Homes has delivered Tata New Haven Boisar II — a township on Boisar East that the company began executing through Smart Value Homes (Boisar) Private Limited.
Tata New Haven Boisar II is a delivered green township in Boisar East, Betegaon, District Palghar, spanning 64 acres with approximately 2,200 units across 21 towers. The project was developed in two distinct phases. Phase I, covering towers 3 to 16 and 24 to 27, carries MahaRERA registration number P99000000811. Phase II, covering towers 28 to 30, carries MahaRERA registration number P99000000997. Occupation Certificates were progressively issued by the Collector of Palghar: for towers 3–9, 26, 27, and the Community Centre in July 2019; for towers 11–14 in July 2019; and for towers 10, 15, 16, 24, 25, 28, 29, 30, and the clubhouse in July 2020. All phases are delivered and the project is ready to move in.
Unit configurations span 1 BHK, 1.5 BHK, 2 BHK, and 2.5 BHK apartments, with carpet areas ranging from 351 sq ft to 722 sq ft. The clubhouse includes a swimming pool and gymnasium, with dedicated kids' play areas, a senior citizen's corner, jogging and strolling tracks, outdoor tennis courts, an aerobics room, a dance studio, a canopy walk, manicured lawns, piped gas, RO water systems, rainwater harvesting, power backup, and 24x7 security. The scale and specification of amenities reflect TRIL's township model: self-contained, managed communities rather than standalone apartment blocks.
Boisar is not a peripheral afterthought in TRIL's Mumbai strategy — it is a calculated entry into one of the MMR's structurally strongest affordable residential micro-markets. Boisar sits approximately 100 km north of Mumbai in Palghar district and is part of the Mumbai suburban Western Railway line, with local trains connecting directly to Virar, Dadar, Andheri, and Churchgate. The town hosts Maharashtra's largest MIDC industrial zone, with anchor employers including Tata Steel, JSW, Camlin, Viraj, and Lupin, as well as the Tarapur Atomic Power Station — India's first nuclear power station. The combined industrial base generates consistent housing demand from both white-collar and blue-collar professionals.
Three infrastructure changes are now accelerating Boisar's transition from an industrial suburb to a mixed-use residential hub. First, Boisar is a confirmed station on the Mumbai–Ahmedabad Bullet Train corridor; once operational, the bullet train is projected to cut travel time between Boisar and Bandra-Kurla Complex to approximately 36 minutes. Second, the proposed ₹76,000 crore Vadhavan Port — described as India's largest planned container port — would position Boisar as a maritime and logistics hub, generating large-scale economic activity and jobs. Third, the Delhi–Mumbai Expressway will pass through Palghar district, and Boisar is slated for inclusion in the Delhi–Mumbai Industrial Corridor.
Property price data confirms measured but real appreciation: Boisar recorded approximately 5 percent capital value growth over the most recent three-year window, and broader estimates from 2025 sources cite a 6–9 percent CAGR in key micro-markets over the past five years. The average asking price in Boisar currently runs around ₹5.7–5.9 thousand per sq ft — a significant discount to Mumbai's congested inner suburbs, and the primary reason demand from first-time buyers and salaried workers continues to grow.
TRIL's decision to enter Boisar through Tata Value Homes — a subsidiary created specifically to serve the affordable-to-mid-income segment — reflects a deliberate product segmentation. Rather than deploying a single product formula across cities, TRIL uses separate vehicles for different income bands, reserving the core TRIL brand for commercial assets and premium residential, and channelling the Tata Value Homes vehicle for accessible township formats. Boisar is the MMR example of this model: a township at scale (64 acres, 2,200+ units), financed in part by Axis Bank, and executed through a structured subsidiary, with MahaRERA registration in place before sales opened.
TRIL's broader sustainability commitment is also visible at New Haven. Every TRIL project is built to green certification standards, a discipline the company established with its first commercial project — Xylem in Bengaluru, which received LEED Gold — and has since scaled across its entire portfolio. The Ramanujan Intellion Park in Chennai holds the distinction of being the first campus in India to receive the EDGE Zero Carbon certification from the International Finance Corporation, and TRIL holds the largest EDGE-certified commercial portfolio in the country. That design rigour filters down into the Boisar township through features like rainwater harvesting, piped gas, and power backup infrastructure baked into the project from the ground up.
The Boisar East location gives residents practical day-to-day liveability alongside the investment thesis. The town has reputed schools, colleges, and technical institutes serving its expanding residential base. Supermarkets, theatres, and retail hubs are within the town's commercial core. Natural and heritage attractions — Nandgaon Beach, Asava Fort, and Kaldurg Fort — sit within short driving distance, as does the Tarapur coastal belt. A 150-bed ESIC hospital near the Tarapur industrial area has been planned by the government to strengthen healthcare capacity. For investors, rental yields in Boisar currently range between 2.8 and 3.5 percent annually, supported by stable demand from MIDC and Tarapur-area employees.
| Project | Location | Asset Type | Scale | Status |
|---|---|---|---|---|
| Tata New Haven Boisar II | Boisar East, Palghar | Residential Township | 64 acres, ~2,200 units, 21 towers | Delivered (OC issued 2019–2020) |
| Intellion Park | Ghansoli, Navi Mumbai | IT / Commercial / Data Centre | 47.5 acres, 7 million sq ft planned | Under development |
| Intellion Square | Goregaon, Mumbai | Grade-A Commercial Office | Freehold building, Infinity IT Park | Operational |
