Covid ensured that fly-by-night operators vanished: Tata Realty & Infra MD

'There is clarity globally that employees need to work in a healthy environment in well-certified buildings'

Tata Realty & Infrastructure (TRIL), the real estate arm of Tata Sons, this week signed a joint venture with Canada’s largest pension fund manager, Canada Pension Plan Investment Board (CPP Investments), to develop and acquire commercial properties in the country. Sanjay Dutt, managing director of TRIL and Tata Housing Development Company, spoke to Raghavendra Kamath about the joint venture’s plans and his outlook for the real estate sector. Edited excerpts:

How much growth capital has been committed by CPP Investments in the joint venture with Tata Realty?

CPP Investments has committed growth capital of Rs 1,000 crore and so have we. This