SBICAP Ventures Ltd.
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SWAMIH Fund explained: How it works, eligibility, and what's next
When a residential project runs out of funds midway through construction, homebuyers are often left paying EMIs and rent simultaneously while waiting for possession. To address such stalled housing projects, the Centre launched the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund in 2019. The government-backed last-mile financing fund provides capital to stressed but viable residential developments, enabling construction to resume and homes to be delivered.