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SWAMIH Fund for Strike Real Estate Projects Delivers 23,000 Homes

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Special Window for Completion of Affordable and Mid-Income Housing

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SWAMIH Fund for struck real estate projects delivers 23,000 homes and unlocks liquidity worth Rs 35,879 crore.

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Funding stuck projects across the country has delivered 23,000 houses since its inception three years ago.

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The fund backed by the government aims to deliver 20,000 more homes by the year's end across Tier 1 and 2 cities.

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The Rs 15,530 crore fund is backed by the government and managed by SBICAP Ventures Ltd.

Hopes to deliver 20,000 more homes by the year's end, taking the total to 43,000 across Tier 1 and 2 cities.

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The Fund has given final approvals for 131 projects, unlocking liquidity worth Rs 35,879 crore.

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The deal size committed across 131 projects is Rs 13,600 crore.