CAO Cases

Arne Hoel, The World Bank

South Asia

India / Shapoorji Pallonji-01/Pune

Complainant
Individual
Date Filed
December 08, 2020
Concerns
Land ownership dispute
Case Status
Open - Ombudsman
 

Synopsis

Project Overview
IFC has an active equity investment of $34.44 million with Shapoorji Pallonji Company Limited (SPCL) in Pune, India to fund the development of affordable housing units. The IFC investment was made in 2015 and it is part of a $200 million financial platform called Joyville that was established by SPCL.

 

Complaint
In December 2020, CAO received a complaint from an individual raising concerns that his farmland was forcibly and illegally taken from him and sold to develop and sell affordable housing units. Pending legal disputes over ownership of the land were also cited.

 

CAO Action
CAO found the complaint eligible for further assessment in December 2020 and has begun an assessment of the complaint.

 

Status
An assessment of the case is underway.

 

Note: A CAO assessment does not entail a judgment on the merits of complaints.  Rather, the aim is to listen to people's concerns, understand the different perspectives, and determine what options are available to address the complaint through CAO's Dispute Resolution and Compliance functions.

 

Status as of March 24, 2021

Project information

Institution
IFC
Project Name & Number
SPAH 34628
Department
Manufacturing & Services
Company
Shapoorji Pallonji
Sector
Construction and Real Estate
Region
South Asia
Country
India
Environmental Category
B
Commitment
$34.44 million equity

Case Tracker

Ombudsman

  • Eligible: Completed
  • Assessment Period: In Process

Compliance