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Birla Green Housing

Sector: Residential • Location: India

Source: International Finance Corporation (IFC)

Project
Pending

         The proposed Project involves IFC investment of up to INR 4,200 million (US$50 million equivalent) in wholly owned subsidiaries (“SPVs”) of Birla Estates Private Limited (“BEPL” or “Birla” or the “Company”) for the development of two middle-income housing projects in India (“Project”). The first project is located in Kalwa, Thane and will primarily consist of middle-income housing with so

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The project “Birla Green Housing” is an infrastructure initiative in the Residential sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Status

Original status

pending

Taiyo status

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Description

Description

         The proposed Project involves IFC investment of up to INR 4,200 million (US$50 million equivalent) in wholly owned subsidiaries (“SPVs”) of Birla Estates Private Limited (“BEPL” or “Birla” or the “Company”) for the development of two middle-income housing projects in India (“Project”). The first project is located in Kalwa, Thane and will primarily consist of middle-income housing with some office and retail spaces. The second project will be a middle-income housing project located in Manjri, Pune. The projects will be certified green and will include an estimated development of 6,000 – 9,000 housing units.                                            

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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