SWAMIH Fund: India's Quiet Infrastructure Revolution Through Affordable Housing
TL;DR
SWAMIH Fund, launched in 2019, provides last-mile funding to complete stalled affordable housing projects in India. It has raised Rs 15,530 crore, financed over 4,500 homes, and supports real estate and infrastructure growth.
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SWAMIH is India's quiet infrastructure revolution, addressing the country's stalled housing projects by providing last-mile funding for affordable and mid-income housing. Launched in 2019, the fund has raised Rs 15,530 crore and clarified its legal position, allowing it to step into distressed projects. Its impact extends beyond homebuyers, supporting ancillary industries in real estate and infrastructure. SWAMIH-I has financed completion of over 4,500 homes and 40 projects, benefiting thousands of homebuyers and supporting India's growth.
