TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Abrasion Marks Found On Kolkata Gang-Rape Survivor's Body: Medical Report

    From Campus Leader to Accused: The Disturbing Story of Monojit ‘Mango’ Mishra

    Air India Plane crash: Possible Sabotage angle under investigation

    Air India Plane crash: Possible Sabotage angle under investigation

    man detained who offered namaz in temple complex

    Muslim Man Detained for Offering Namaz Inside Hindu Temple in Uttar Pradesh’s Badaun

    Modi Government Tightens Trade Pressure

    Bangladesh Jute Blocked: Modi Government Tightens Trade Pressure

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    CDPLC gives MDL a strategic foothold in the Indian Ocean Region

    India’s Strategic Victory : Mazagon Docks acquires majority stake in Sri Lankan Dockyard

    China's Fertiliser Export Halt to India Raises Strategic Red Flags

    China’s Fertiliser Export Halt to India Raises Strategic Red Flags, Prompts Swift Response

    India’s Economic Engine Accelerates

    India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

    US-Iran Tensions Shake Global Markets

    US-Iran Tensions Shake Global Markets; Oil Prices Surge and Safe-Haven Assets Rise

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    F-35 jet stranded in Kerala

    Grounded British F-35B to Be Shifted to Kerala Hangar for Repairs, UK Confirms

    Indian Navy Was Ready to Strike: A Catastrophic Blow Pakistan Barely Escaped

    Op Sindoor: Indian Navy Was Ready to Strike – A Catastrophic Blow Pakistan Barely Escaped

    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch

    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch, No Takeoff in Sight

    CQB carbine

    DRDO and Indian Army Unveil Indigenous CQB Carbine for Urban Warfare

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Modi Government Tightens Trade Pressure

    Bangladesh Jute Blocked: Modi Government Tightens Trade Pressure

    How Modi Government Protected India’s Chabahar Investment During Iran-Israel Conflict

    India Did What Others Couldn’t: How Modi Govt Kept Chabahar Port Safe Amid Iran-Israel War

    CDPLC gives MDL a strategic foothold in the Indian Ocean Region

    India’s Strategic Victory : Mazagon Docks acquires majority stake in Sri Lankan Dockyard

    durga temple demolished in bangladesh

    Durga Idol Crushed in Dhaka Demolition; India Condemns Bangladesh’s Assault on Hindu Sentiment

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    tamil civilisation

    Tamil Nadu: The Hidden Legacy of An Unbroken Knowledge Civilization

    jagannath yatra 2025 begins

    Jagannath Rath Yatra Begins, Millions Join Sacred Procession in Puri

    indian culture as world civilisation

    The Indian Roots of World Civilizations

    death anniversary of shyama prasad mukherjee

    From Sacrifice to Sovereignty: How Modi’s India Is Realizing Shyama Prasad Mukherjee’s Vision

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    South Indian cuisine is a celebration of flavour,

    South India’s Guilt-Free Delights: 5 Low-Calorie Snacks That Taste Like Pure Joy

    check how old your aircraft is

    Curious About Your Aircraft’s Age? Here’s How to Find Out in Under a Minute

    brain health boosting exercises

    10 Fun Brain Exercises to Keep Your Mind Sharp and Delay Cognitive Decline

    A Deep Look into Mucormycosis and Throat Cancer

    A Deep Look into Mucormycosis and Throat Cancer

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Abrasion Marks Found On Kolkata Gang-Rape Survivor's Body: Medical Report

    From Campus Leader to Accused: The Disturbing Story of Monojit ‘Mango’ Mishra

    Air India Plane crash: Possible Sabotage angle under investigation

    Air India Plane crash: Possible Sabotage angle under investigation

    man detained who offered namaz in temple complex

    Muslim Man Detained for Offering Namaz Inside Hindu Temple in Uttar Pradesh’s Badaun

    Modi Government Tightens Trade Pressure

    Bangladesh Jute Blocked: Modi Government Tightens Trade Pressure

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    CDPLC gives MDL a strategic foothold in the Indian Ocean Region

    India’s Strategic Victory : Mazagon Docks acquires majority stake in Sri Lankan Dockyard

    China's Fertiliser Export Halt to India Raises Strategic Red Flags

    China’s Fertiliser Export Halt to India Raises Strategic Red Flags, Prompts Swift Response

    India’s Economic Engine Accelerates

    India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

    US-Iran Tensions Shake Global Markets

    US-Iran Tensions Shake Global Markets; Oil Prices Surge and Safe-Haven Assets Rise

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    F-35 jet stranded in Kerala

    Grounded British F-35B to Be Shifted to Kerala Hangar for Repairs, UK Confirms

    Indian Navy Was Ready to Strike: A Catastrophic Blow Pakistan Barely Escaped

    Op Sindoor: Indian Navy Was Ready to Strike – A Catastrophic Blow Pakistan Barely Escaped

    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch

    UK’s F-35 Jet Grounded in Kerala for 10 Days Over Engineering Glitch, No Takeoff in Sight

    CQB carbine

    DRDO and Indian Army Unveil Indigenous CQB Carbine for Urban Warfare

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Modi Government Tightens Trade Pressure

    Bangladesh Jute Blocked: Modi Government Tightens Trade Pressure

    How Modi Government Protected India’s Chabahar Investment During Iran-Israel Conflict

    India Did What Others Couldn’t: How Modi Govt Kept Chabahar Port Safe Amid Iran-Israel War

    CDPLC gives MDL a strategic foothold in the Indian Ocean Region

    India’s Strategic Victory : Mazagon Docks acquires majority stake in Sri Lankan Dockyard

    durga temple demolished in bangladesh

    Durga Idol Crushed in Dhaka Demolition; India Condemns Bangladesh’s Assault on Hindu Sentiment

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    tamil civilisation

    Tamil Nadu: The Hidden Legacy of An Unbroken Knowledge Civilization

    jagannath yatra 2025 begins

    Jagannath Rath Yatra Begins, Millions Join Sacred Procession in Puri

    indian culture as world civilisation

    The Indian Roots of World Civilizations

    death anniversary of shyama prasad mukherjee

    From Sacrifice to Sovereignty: How Modi’s India Is Realizing Shyama Prasad Mukherjee’s Vision

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    South Indian cuisine is a celebration of flavour,

    South India’s Guilt-Free Delights: 5 Low-Calorie Snacks That Taste Like Pure Joy

    check how old your aircraft is

    Curious About Your Aircraft’s Age? Here’s How to Find Out in Under a Minute

    brain health boosting exercises

    10 Fun Brain Exercises to Keep Your Mind Sharp and Delay Cognitive Decline

    A Deep Look into Mucormycosis and Throat Cancer

    A Deep Look into Mucormycosis and Throat Cancer

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY FOR MORE QUERIES AND NEWS CONTACT US ON THIS EMAIL: INFO@MASHABLEPARTNERS.COM

Modi govt’s Rs 22.9 Cr SWAMIH scheme to fast track stalled real estate projects is a noble move

Abhishek Kumar Singh by Abhishek Kumar Singh
11 December 2021
in Economy
SWAMIH Scheme, Modi, Government,
Share on FacebookShare on X

Housing for all has been one of the most perennial problems for India. People from poor sections face a funds crunch while those having funds constantly face mismanagement and harassment from builders of their real estate projects. After launching affordable housing for the poor, the Modi government has embarked on a mission to fast-track the delivery of houses to independent homebuyers.

1.41 lakh houses to be completed by the Modi government:

Narendra Modi led Union government has approved a huge line of funding to an alternative investment fund (AIF) to complete erstwhile stuck housing projects in the country. In totality, Rs 22,972 crores have been allotted to make 243 projects see the light of the day.

RelatedPosts

Indian’s Will Never Forget How Constitution’s Spirit Was Violated: PM Modi on Samvidhan Hatya Divas

Tharoor’s Praise for PM Modi Sparks Fresh Fire Within Congress Ranks

PM Modi’s July Diplomacy Drive: Five-Nation Tour to Boost India’s Global Influence

Load More

Out of these 243 projects, 99 projects have been accorded a final approval, and a total of 9,743 crores will be invested in it. Similarly, preliminary approval to invest around 13,229 crores in 144 projects has been provided. Through this huge allotment, the completion of 1,41,045 houses will be fast-tracked across the country.
Read more: Director of Parsvnath Developers gets three years jail time, bad days of dishonest builders ahead

Alternate investment fund and SWAMIH scheme:

According to the definition given by the Security and Exchange Board of India (SEBI), AIF means any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors for investing it in a defined investment policy for the benefit of its investors.

AIF to complete house projects is currently operating under Special Window for Affordable and Mid Income Housing (SWAMIH). In 2019, the Modi government came up with the SWAMIH scheme to finance the completion of stalled projects in order to ensure that the money already invested in the projects is not wasted and the consumers who pumped lifelong savings to purchase a house do not feel cheated.

SWAMIH is largely free from bureaucratic hurdles and does not fully depend on the government for funds:

Under the scheme, the government appointed a special purpose vehicle to generate funding (with initial capital provided by the government), and this body managed to raise 3.5 billion dollars till February 2021 to finance various stalled projects. Earlier the government had pledged a total of only Rs 10,000 crore for the purpose, but since incomplete housing is becoming a menace to people, it has decided to get fully involved in it.

Read more: Many stalled projects completed under SWAMIH scheme; affordable and luxurious living for all

A total of 14 investors have invested in funds which include major players like LIC, HDFC, and State Bank of India (SBI). The Investment Manager of the Fund is SBICAP Ventures, a wholly-owned subsidiary of SBI Capital Markets, which in turn is a wholly-owned subsidiary of SBI.

SWAMIH turning out to be a game-changer:

The scheme is witnessing a huge upsurge in its successful completion of housing projects. First, six months of 2021 witnessed a total of 1,500 projects completed under it. The target is to exponentially increase the completion rate under the scheme. In a tweet, the ministry of finance wrote, “It (SWAMIH) is currently on track to complete at least 10,000 homes every year in the next 3 to 4 years,”

Though Real Estate (Regulation and Development) Act, 2016, (RERA) has come off as a watershed moment in the history of Indian housing, it has also resulted in temporary trouble for erstwhile homebuyers who had already paid. Through the SWAMIH scheme, BJP led NDA government is making sure that no deserving homeowner has to suffer bureaucratic turmoil from crooked developers.

Tags: Housing ProjectsPM ModiSWAMIH schemeUnion Government
Share11TweetSend
Previous Post

Mamata Banerjee’s national ambitions are not panning out as planned, and her frustration is evident

Next Post

Malayali film director Ali Akbar does a Ghar Wapsi. Muslims’ hateful comments on Bipin Rawat were the final trigger

Related Posts

CDPLC gives MDL a strategic foothold in the Indian Ocean Region
Business

India’s Strategic Victory : Mazagon Docks acquires majority stake in Sri Lankan Dockyard

28 June 2025

In a historic move, Mazagon Dock Shipbuilders Limited (MDL) has inked a $52.96 million deal to acquire a controlling stake...

China's Fertiliser Export Halt to India Raises Strategic Red Flags
Economy

China’s Fertiliser Export Halt to India Raises Strategic Red Flags, Prompts Swift Response

26 June 2025

In a move perceived as politically motivated, China has disrupted exports of key specialty fertilisers to India, potentially affecting...

India’s Economic Engine Accelerates
Business

India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

24 June 2025

Backed by a burgeoning middle class, rapid digital adoption, and fiscal discipline, the Indian economy has not only bounced...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

The gulf crossroads: usa stakes, China's money and Iran's nuclear threat.

The gulf crossroads: usa stakes, China's money and Iran's nuclear threat.

00:30:34

HOW NDA IS MAKING IN- ROADS INTO TAMIL NADU?

00:05:57

the ganga treaty is about to expire. What happens next?

00:06:54

India's Rise: Defense and Diplomacy in 2047 Vision

00:22:51

1975 emergency: India's 21 month dictatorship.

00:10:29
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited