TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka's Fire Cess Sparks Backlash: Citizens Question 1% Levy on Multi-Storey Buildings

    Karnataka’s Fire Cess Sparks Backlash: Citizens Question 1% Levy on Multi-Storey Buildings

    From Ganga to Kaveri: Modi Revives Chola Legacy in Tamil Nadu

    PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

    Centre Allows Govt Staff 30 Days Leave to Care for Elderly Parents:

    Central Govt Employees Can Now Take 30 Days Earned Leave for Aged Parents’ Care : Jitendra Singh

    PM Narendra Modia

    Narendra Modi Surpasses Indira Gandhi to Become India’s Second-Longest Serving Prime Minister in an Unbroken Tenure

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Successfully Test-Fires Drone-Launched Precision-Guided Missile at Test Range in Andhra Pradesh

    India Successfully Test-Fires Drone-Launched Precision-Guided Missile at Test Range in Andhra Pradesh

    IAF Seeks 2–3 Squadrons of Foreign Fifth‑Generation Fighters to Bridge Airpower Gap

    IAF Pushes For 2–3 Squadrons of Foreign Fifth‑Generation Fighters to Bridge Airpower Gap

    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Bail Rejected by Chattogram Sessions Court for Chinmoy Krishna Das

    Chinmoy Krishna Das Denied Bail Again Amid Growing Persecution of Hindus in Bangladesh

    India on Alert Amid Strategic Shifts

    Pakistan and Bangladesh Sign Visa-Free Deal for Officials; India on Alert Amid Strategic Shifts

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Narendra Modi Surpasses Indira Gandhi to Become India’s Second-Longest Serving Prime Minister in an Unbroken Tenure

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka's Fire Cess Sparks Backlash: Citizens Question 1% Levy on Multi-Storey Buildings

    Karnataka’s Fire Cess Sparks Backlash: Citizens Question 1% Levy on Multi-Storey Buildings

    From Ganga to Kaveri: Modi Revives Chola Legacy in Tamil Nadu

    PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

    Centre Allows Govt Staff 30 Days Leave to Care for Elderly Parents:

    Central Govt Employees Can Now Take 30 Days Earned Leave for Aged Parents’ Care : Jitendra Singh

    PM Narendra Modia

    Narendra Modi Surpasses Indira Gandhi to Become India’s Second-Longest Serving Prime Minister in an Unbroken Tenure

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Successfully Test-Fires Drone-Launched Precision-Guided Missile at Test Range in Andhra Pradesh

    India Successfully Test-Fires Drone-Launched Precision-Guided Missile at Test Range in Andhra Pradesh

    IAF Seeks 2–3 Squadrons of Foreign Fifth‑Generation Fighters to Bridge Airpower Gap

    IAF Pushes For 2–3 Squadrons of Foreign Fifth‑Generation Fighters to Bridge Airpower Gap

    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Bail Rejected by Chattogram Sessions Court for Chinmoy Krishna Das

    Chinmoy Krishna Das Denied Bail Again Amid Growing Persecution of Hindus in Bangladesh

    India on Alert Amid Strategic Shifts

    Pakistan and Bangladesh Sign Visa-Free Deal for Officials; India on Alert Amid Strategic Shifts

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Narendra Modi Surpasses Indira Gandhi to Become India’s Second-Longest Serving Prime Minister in an Unbroken Tenure

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • 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

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

India Sets Diplomatic Priorities for PM Modi’s UK Visit: Focus on Economic Fugitives, Khalistani Extremism, Strategic Ties

India Demonstrates Military Strength: PM Modi Praises Operation Sindoor Ahead of Monsoon Session

“Remove TMC, Save Bengal”: PM Modi Targets Mamata Government Over Misrule

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

India Bans 25 OTT Platforms
Business

India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

25 July 2025

In a major crackdown on obscene content, the Central government has directed Internet Service Providers (ISPs) to block access...

Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement
Economy

India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

24 July 2025

In a landmark moment that is set to reshape the trajectory of economic collaboration between two major democracies, India...

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India
Finance

What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

23 July 2025

What turns an ordinary stock into a strategic signal for a nation’s future? The share price of Hindustan Zinc...

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

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

00:07:57

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32

Lashkar-e-Taiba on the Run from Muridke: Is Bahawalpur Becoming Pakistan’s New Terror Capital?

00:07:26

Britain’s Million-Dollar Bird Finally Takes Off!

00:06:43

Maharashtra targets crypto christians. fake dalit quota scam exposed.

00:04:16
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©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