SWAMIH Fund

The Special Window for Affordable and Mid-Income Housing fund was launched by the Indian Government in 2019 to provide financial backing for stalled housing projects whose net-worth is positive. It will provide funding for stressed affordable and middle-income housing projects, including those that are declared as NPAs or having pending proceedings before the NCLT. The first residential project – Rivali Park in Mumbai – has been completed recently using this fund.

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