SWAMIH Fund II rollout underway, Rs 15,000 crore boost for stalled housing, says Nirmala Sitharaman

The SWAMIH Investment Fund II is being launched to help homebuyers with stuck investments. This fund aims to complete stalled housing projects across India. SWAMIH has already delivered over 63,000 homes and is reviving buyer confidence. The initiative provides priority debt financing for affordable and mid-income housing projects in distress. It acts as a last resort for developers facing challenges.