Tag: Dwarka Expressway

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…

NEW DELHI: ATS Infrastructure has repaid ₹190 crore to the Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I. This sum includes ₹133 crore as the principal amount and ₹57 crore in interest for its ATS Marigold residential project on the Dwarka Expressway in Gurugram. The project encountered construction delays due to the NBFC crisis in 2018 and interruptions from the COVID-19 pandemic. It saw a revival through last-mile funding from the government-backed stress resolution fund. The project is now complete, with all six towers receiving occupation certificates (OCs) from the authorities. When the fund invested in February…