N Chandrasekaran to merge Tata's housing, realty firms in three months

Sanjay Dutt will head the vertical, to be formed as a result of Chairman Chandra's cluster vision

Tata Sons’ subsidiaries Tata Housing Development Company and Tata Realty and Infrastructure (TRIL) will be merged, as part of the larger consolidation exercise at the Tata group under the leadership of Chairman N Chandrasekaran.

Sources said Sanjay Dutt, currently chief executive at Ascendas-Singbridge, will head the vertical comprising realty and infrastructure. He will report into Banmali Agrawala, president, infrastructure, defence, and aerospace at Tata Sons.

Tata Sons, however, refused to comment.

The merger of the two entities, already in the works, will be concluded over the next three months, said a source.  

Brotin Banerjee, managing director and chief