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Govt fund for stalled housing projects to benefit for 1.16 lakh home buyers


Highlights
SWAMIH completes its first residential project.
The residential project - Rivali Park in Mumbai.
New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund will benefit 1.16 lakh home loan borrowers whose housing projects were stalled due to last mile funding issues.
The FM has handed over possession to homebuyers virtually as government’s Special Window for Affordable & Mid-Income Housing (SWAMIH) completes its first residential project.
Addressing the virtual event, Finance Minister Smt. Sitharaman said she is very pleased to see that SWAMIH Fund has completed its first residential project. More so, it is an important achievement since the SWAMIH Fund has worked its way through the difficult period of COVID-19 pandemic, She added. ....

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FM hands over first batch of houses under special window project


FM hands over first batch of houses under special window project
​ By
IANS
|
Published on
​ Thu, May 13 2021 22:21 IST
|
​ 3 Views
 
Union Minister of State for Commerce & Industry, Nirmala Sitharaman. (File Photo: IANS). Image Source: IANS News
New Delhi, May 13 : Union Finance Minister Nirmala Sitharaman on Thursday handed over possession to homebuyers virtually as the Centre s Special Window for Affordable & Mid-Income Housing (SWAMIH) completed its first residential project.
The residential project Rivali Park in suburban Mumbai is the first housing project in India to have received funding under the SWAMIH Fund. The SWAMIH Fund was launched by Sitharaman in November 2019. ....

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