Swamih Fund

Data showed that Western India (Mumbai, Navi Mumbai, Thane and Pune) accounted for 55 percent of the total homes delivered in FY25, a rise from 53 percent in FY24 while Southern India (Bengaluru, Chennai and Hyderabad) accounted for a 30 percent share, a rise from 28 percent in FY24.

Explained: SWAMIH Fund and how it will benefit homebuyers of stressed projects

According to data by PropEquity, as of August 2024, as many as 1,981 real estate projects comprising 5.08 lakh units across 42 cities are stalled. This includes 1,636 projects totalling 4,31,946 units in 14 tier I cities and 345 projects totalling 76,256 units in 28 tier II cities.

Government announces SWAMIH fund 2.0 of Rs 15,000 crore for completion of 1 lakh units in Union Budget 2025

Sitharaman said that under SWAMIH Fund scheme 50,000 dwelling units in stressed housing projects have been completed and keys handed over to homebuyers and another 40,000 units will be completed in 2025 further helping middle class families who are paying EMIs on loan taken for apartment and also paying rent for current dwelling units.

SWAMIH Fund for stuck realty projects delivers 23,000 homes, unlocks liquidity worth Rs 35,879 crore

The SWAMIH Fund backed by the government aims to deliver 20,000 more homes by the year-end in Tier 1 and 2 cities. So far, the fund has given preliminary approval to about 1.1 lakh units and final approval to 83,000 homes

Govt infuses Rs 5,000 crore in SWAMIH Fund; final close at Rs 15,530 crore for stressed realty projects platform

The fund set up under the Special Window for Affordable and Mid-Income Housing is India's largest social impact fund, according to a statement, which said the government recently infused Rs 5,000 crore.

MC Explains: Why was it necessary to issue cancellation notices to around 3,000 Amrapali buyers?

This was needed as without there being clarity over unclaimed inventory, the flats could not be sold to raise funds for completion of unfinished units. This will also help the court receiver in implementing swapping of units.

SWAMIH Fund achieves completion of Panchsheel Greens 2 in Greater Noida

SWAMIH Fund has already completed more than 4,000 homes in the last 12 months. It is currently on track to complete at least 10,000 homes every year in the next three to four years, the finance ministry tweeted.

SWAMIH Fund delivers 9,000 homes; Expects to hand over about 12,000 units every year in next 3-4 years across stalled projects

It has received a soft commitment to increase the size of the Fund to about Rs 15,000 crore, a senior SBICAP official said at the FICCI Summit on real estate

Budget 2022: Allocate more capital to fund that provides relief to homebuyers of stalled projects

Tax relief for buyers of second homes can also propel growth and make real estate more attractive for investment

SWAMIH Fund achieves closure of housing project in Bhiwadi, Rajasthan

SWAMIH Fund has completed more than 1,500 homes in the last six months. It is currently on track to complete at least 10,000 homes every year in the next three to four years, the finance ministry tweeted

SWAMIH Fund exits from its investment in Mumbai's housing project CCI Rivali Park

The fund achieved it’s twin targets – of completing the project and redeeming its investment successfully, the finance ministry tweeted

SBICAP Ventures completes 1,100 stuck homes in five stressed projects

SBICAP Ventures, the manager for the government's Rs 25,000 crore stressed-asset fund, plans to complete 10,000 homes by the end of the financial year.

SWAMIH’s lifeline to Amrapali shows way for other stranded housing projects

Success can bring relief to lakhs of homebuyers stuck in many housing projects across the country

Naredco-UP urges FM Nirmala Sitharaman to amend guidelines of SWAMIH Fund

Seeks one-time rollover and restructuring of disbursed project loans

SWAMIH Fund to deliver over 12,600 housing units spread across 26 projects within the next one year

Of the 26 housing projects, nine are located in Mumbai, seven in Delhi-NCR and the rest are spread across other Tier 1 and Tier 2 cities

SWAMIH Fund for stuck housing projects to benefit 1.16 lakh homebuyers: FM

Rivali Park Wintergreens is the first investment by the Swamih Fund and is also the first project to get completed. It is a large project spread over 7 acres consisting of 708 units of various configurations

Mumbai-based real estate company CCI Projects to deliver around 700 housing units in April completed with SWAMIH funding

The project was sanctioned Rs 180 crores by the fund as the last mile funding for completion. CCI Projects hopes to realise significantly more than the amount from the sale of unsold units

SWAMIH Fund to deliver over 6,000 housing units by end of FY22; 1,310 to be completed by April 2021

The trust has so far given approvals to 164 projects involving an investment of more than Rs 15,000 crore, which will help complete around 1,00,000 homes

Exclusive | At least 13 Delhi-NCR projects accorded final approval under SWAMIH Fund

A majority of the projects considered for stress funding had RERA and NCLT cases pending against them

Mantri Developers becomes first project in Bengaluru to secure funding from SWAMIH Fund

The funding will be utilized for the construction and completion of its project Mantri Serenity.