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SWAMIH Fund Aids Completion of 61,000 Stalled Homes

NEW DELHI: The Special Window for Affordable and Mid-Income Housing, a government-supported stress fund, has successfully completed over 61,000 homes in stalled projects as of December 15. The fund is expected to deliver more than 100,000 homes, benefitting over 400,000 individuals, the Finance Ministry stated. “Demonstrating effective deal execution and responsible capital use, the fund has fully committed its entire investable corpus ahead of the investment period ending on December 5, 2025. “The fund’s portfolio includes over 145 projects across 30 cities, establishing SWAMIH (Special Window for Affordable and Mid-Income Housing) as the largest residential-focused stress resolution platform in the…

Latest StoriesResidential

Govt to Launch SWAMIH-2 Fund for 1 Lakh Stalled Homes

NEW DELHI: The government is in the final stages of shaping the SWAMIH-2 Fund, aimed at providing last-mile financing for the completion of delayed housing projects, according to sources. The introduction of the ₹15,000-crore fund is expected to benefit nearly 100,000 middle-class homebuyers whose investments are in limbo despite ongoing EMI payments on their housing loans. To support this initiative, the government has set aside ₹1,500 crore as seed capital for the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund in the 2025-26 budget. The mandates for the new fund are currently being finalized, with clearance anticipated soon. It…