The extension of the Swamih Fund is set to inject much-needed liquidity into stressed real estate projects, promoting infrastructure development and fostering equitable real estate growth across the country.
Swamih FundReal EstateInfrastructure DevelopmentLiquidityProject RevivalReal EstateFeb 03, 2025
The Swamih Fund is a government initiative designed to provide financial assistance to stalled housing projects and address the liquidity crisis in the real estate market. It is managed by a consortium of banks and financial institutions.
The Swamih Fund provides financial assistance to projects that are facing financial difficulties, ensuring that they can be completed. This helps in delivering homes to buyers and boosts the overall real estate market.
Projects must demonstrate a viable business plan and a commitment to completing the project within a stipulated time frame to be eligible for funding from the Swamih Fund.
The extension is expected to inject fresh momentum into the real estate sector, promote infrastructure development, and create new real estate hotspots, leading to a more balanced and vibrant market.
The Swamih Fund addresses the financial distress of small and medium-sized developers by providing them with the necessary financial support to complete their projects, especially in tier-II and tier-III cities.
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