NEW DELHI: ATS Infrastructure has repaid ₹190 crore to the Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I, which includes ₹133 crore in principal and ₹57 crore in interest. This repayment pertains to its residential project ATS Marigold located on the Dwarka Expressway in Gurugram.
The project had encountered construction delays due to the NBFC crisis in 2018 and disruptions caused by the COVID-19 pandemic. It was revitalized with last-mile funding from the government-backed stress resolution fund. Currently, the project is fully completed, and all six towers have secured occupation certificates (OCs) from the authorities.
The fund became involved in February 2021, when approximately 4.5 lakh sq ft of the project remained unsold. At that time, the average price ranged from ₹6,000 to ₹6,500 per sq ft. By mid-2025, all six towers, comprising 422 homes, have received OCs, and over 150 families are now residing in the project. Current market prices in the vicinity are reported between ₹13,500 and ₹15,000 per sq ft.
