Context: Recently, Nirmala Sitharaman handed over the first set of homes that were completed using capital provided by GoI’s Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund.
Challenges in the real estate sector:
Significance of SWAMIH: Adopting a unique financial structure that enables builders to complete projects in the interest of both builders and homeowners.
Conclusion: The SWAMIH fund provides us with an innovative financing structure that must be replicated across several capital-intensive industries.