Govt Launches SWAMI-2 Fund: 15,000 Cr for 1 Lakh Stalled Homes, Relief for Middle Class

• Government launches SWAMI-2 fund with 15,000 crore to complete 1 lakh stalled middle-class housing projects.
• Aims to provide last-mile financing for residential projects, helping homebuyers get possession despite paying EMIs.
• Initial capital of 1,500 crore was allocated in Budget 2025-26 for the 'Special Window for Affordable and Mid-Income Housing' (SWAMI).
• Fund managed by SBICAP Ventures Limited, sponsored by Ministry of Finance's Department of Economic Affairs.
• Major cities with stalled projects include NCR (Noida, Greater Noida, Gurugram, Ghaziabad), Mumbai, Bengaluru, Thane, and Chennai.

Why It Matters: SWAMI-2 fund offers 15,000 Cr relief to 1 lakh middle-class homebuyers with stalled projects.