India: Shapoorji Affordable Housing Project

Nonsovereign Project | 48341-001

Project Name Shapoorji Affordable Housing Project
Project Number 48341-001
Borrower / Company Joyville Shapoorji Housing Private Limited
Country / Economy India
Location
Type or Modality of Assistance
7452 Equity Ordinary capital resources INR 2,170.00 million Committed
Strategic Agendas Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Water and other urban infrastructure and services / Urban housing

Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Equity Investments Unit
Responsible ADB Officer Singh, Samarendra
Project Sponsor(s) Shapoorji Pallonji and Company Private Ltd (SPCPL)
Description
Objectives and Scope To develop a portfolio of affordable housing projects across India.
Status of Operation/Construction The company is currently developing six (6) subprojects under the platform with expected construction completion dates from June 2024 to March 2026.
Linkage to Country/Regional Strategy The Project supports the Government of India's priority of promoting affordable housing. The Plan calls for private sector involvement in the housing sector.
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects No significant adverse environmental impacts are anticipated. Potential impacts include vegetation clearance, storm water management, dust, noise, solid and liquid wastes generation, and increase in local traffic due to operation of construction vehicles and equipment onsite. All these are site-specific and can be mitigated with proper mitigation measures.
Involuntary Resettlement No involuntary resettlement impacts are expected.
Indigenous Peoples Impacts on indigenous peoples are not expected as there is no likelihood of concentrations of scheduled tribes occupying or utilizing the sites within the metropolitan cities.
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 10 Nov 2014
Credit Committee Meeting -
Approval 07 Jul 2015
Last PDS Update 22 Apr 2022

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Title Document Type Document Date
Shapoorji Affordable Housing Project: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Jun 2015
Shapoorji Affordable Housing Project: Report and Recommendation of the President Reports and Recommendations of the President Jun 2015

Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

Title Document Type Document Date
Shapoorji Affordable Housing Project: Manjari Project Environmental and Social Monitoring Report (April 2020-March 2021) Environmental and Social Monitoring Reports Jun 2021
Shapoorji Affordable Housing Project: Howrah Project Environmental and Social Monitoring Report (April 2019-March 2020) Environmental and Social Monitoring Reports Jun 2020
Shapoorji Affordable Housing Project: Virar Project Environmental and Social Monitoring Report (April 2019-March 2020) Environmental and Social Monitoring Reports May 2020
Shapoorji Affordable Housing Project: Hinjawadi Project Environmental and Social Monitoring Report (April 2019-March 2020) Environmental and Social Monitoring Reports May 2020
Shapoorji Affordable Housing Project: Gurugram Project Environmental and Social Monitoring Report (April 2019-March 2020) Environmental and Social Monitoring Reports Apr 2020
Shapoorji Affordable Housing Project: Hinjewadi Project Environmental and Social Monitoring Report (April 2018-March 2019) Environmental and Social Monitoring Reports May 2019
Shapoorji Affordable Housing Project: Howrah Project Environmental and Social Monitoring Report (April 2018-March 2019) Environmental and Social Monitoring Reports May 2019
Shapoorji Affordable Housing Project: Virar Project Environmental and Social Monitoring Report (April 2018-March 2019) Environmental and Social Monitoring Reports May 2019
Shapoorji Affordable Housing Project: Virar Project Environmental and Social Monitoring Report (April 2017-March 2018) Environmental and Social Monitoring Reports May 2018
Shapoorji Affordable Housing Project: Howrah Project Environmental and Social Monitoring Report (April 2017-March 2018) Environmental and Social Monitoring Reports Apr 2018
Shapoorji Affordable Housing Project: Howrah Project Environmental and Social Monitoring Report (April 2016-March 2017) Environmental and Social Monitoring Reports May 2017
Shapoorji Affordable Housing Project: Virar Project Environmental and Social Monitoring Report (April 2016-March 2017) Environmental and Social Monitoring Reports May 2017

Evaluation Documents See also: Independent Evaluation

None currently available.


Related Publications

None currently available.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

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