Govt Fund Transforms 61,000 Stalled Homes; Announces SWAMIH Fund-2
India
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CNBC TV1808-01-2026, 20:14

Govt Fund Transforms 61,000 Stalled Homes; Announces SWAMIH Fund-2

  • SWAMIH Investment Fund deployed full capital, completing 61,000 homes across 110 projects in 30 cities.
  • The fund unlocked ₹37,400 crore capital, contributing ₹6,900 crore in government revenues and generating demand for construction materials.
  • SWAMIH recorded 55 full and 44 partial exits, returning nearly 50% of drawn capital to investors, including ₹3,500 crore to the Government of India.
  • The government plans to launch SWAMIH Fund-2, a ₹15,000 crore blended finance facility, to complete another one lakh housing units.
  • SWAMIH provides last-mile financing for distressed, brownfield, and RERA-registered residential projects affected by disputes or weak balance sheets.

Why It Matters: SWAMIH Fund successfully revived 61,000 stalled homes, with a new ₹15,000 crore fund planned for more.

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