VICTORIA, Seychelles, July 30/APO Group: Defined as a significant milestone in Seychelles’ housing development, the signing of an agreement between the Government of Seychelles and NBCC (India) Limited is designed to implement the first phase of the Île Aurore Housing Development Project, which will deliver 1,008 affordable housing units.
The agreement was signed during a ceremony held at the Office of the Vice President, Sebastien Pillay, by the Secretary of State for Lands, Housing and Infrastructure, Mr Joseph François, on behalf of the Government of Seychelles, and the Executive Director of NBCC (India) Limited, Mr Pradeep Sharma.
The project forms part of the development partnership between Seychelles and India following President Dr Patrick Herminie’s State visit to India in February 2026, during which the Government of India announced a USD 175 million Special Economic Package for Seychelles.
As part of that package, USD 75 million has been earmarked through the Export-Import (EXIM) Bank of India to finance the construction of the affordable housing project and its supporting infrastructure.
Under the agreement, NBCC (India) Limited will provide comprehensive project management and consultancy services for the planning, design, procurement and implementation of the development. It encompasses the construction of 1,008 affordable housing units, associated roads and utility infrastructure, and a new sewage treatment plant that will serve Île Aurore and surrounding areas.
The first phase of the project, expected to be completed by 2029, will comprise modern two- and three-bedroom apartments in multi-storey residential buildings, marking the first high-rise affordable housing development of its kind in Seychelles.
The Île Aurore Master Plan is a flagship national development project that will ultimately accommodate at least 1,800 residential units, alongside schools, commercial facilities, recreational spaces, supporting infrastructure and other public amenities, contributing significantly to the vision of expanding access to quality, affordable housing for Seychellois families.
The agreement on July 30 constitutes another important step in strengthening the longstanding partnership between Seychelles and India while advancing the Government’s commitment to addressing the country’s housing needs and building sustainable communities for future generations.
