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SWAMIH Fund Revives Housing Sector, Protects Homebuyers

RR Team, January 9, 2026January 9, 2026
The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund, launched in November 2019, has successfully protected homebuyers’ interests while reviving stalled housing projects and boosting the economy. Managed by SBI Ventures Limited, SWAMIH provides last-mile financing to distressed residential projects, easing the burden on middle-class families.

Key Achievements of SWAMIH Fund

  • Portfolio spans over 145 projects across 30 cities, with more than 1 lakh homes planned.
  • 61,000 homes delivered as of December 15, 2025, including 7,000 units for Economically Weaker Sections (EWS).
  • Unlocked ₹37,400 crore+ capital across 127 projects, covering over 90 million sq. ft., with 44% dedicated to LIG and MIG housing.
  • Generated 36,000+ jobs, including 3,500 permanent positions.
  • Contributed ₹6,900 crore+ in GST, government dues, and stamp duties to central and state governments.
  • Revived projects using 20 lakh tonnes of cement and 5.5 lakh metric tonnes of steel, planting over 1.06 lakh trees as green cover.
  • Returned nearly 50% of drawn capital to investors, including ~₹3,500 crore from the government’s ₹7,000 crore contribution.

SWAMIH Fund-2: Continuing the Momentum

Following the success of SWAMIH Fund-1, the Union Finance Minister announced SWAMIH Fund-2 on February 1, 2025, as part of Budget 2025-26. With a corpus of ₹15,000 crore contributed by the government, banks, and private investors, the new fund aims to expedite the completion of another 1 lakh housing units, ensuring more homebuyers benefit from timely project delivery.

Social Impact and Governance

SWAMIH Fund operates with strong governance, active asset management, and rigorous oversight. The fund has executed 55 full exits and 44 partial exits while balancing social impact and financial prudence. By facilitating affordable housing and supporting middle-class families, SWAMIH stands as a model for government-backed social impact investments in India.

News #AffordableHousing#EconomicGrowth#EmploymentGeneration#GovernmentInitiative#Homebuyers#HousingProjects#HousingSector#InfrastructureDevelopment#LastMileFinancing#MidIncomeHousing#RealEstateRevival#SBIventures#StalledProjects#SWAMIHFund#UrbanDevelopment

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