Housing blueprint to bail out broken dreams, brick by brick
Ushering in a ray of hope for buyers of stalled housing projects, govt on Saturday announced a fresh Rs 15,000 crore "SWAMIH Fund" for completion of 1 lakh units across various cities.
Now, it's time for SWAMIH Fund-2. So far, 50,000 dwelling units in stressed housing projects have been completed and keys have been handed over to homebuyers. Another 40,000 units will be completed in 2025. "SWAMIH Fund-2 will be established as a blended finance facility with contribution from the govt, banks and investors. This fund of Rs 15,000 crore will aim for expeditious completion of another 1 lakh units," the FM said.
Get real-time updates on Budget 2025 and Income Tax Slabs on Times of India. Check out the latest income tax slabs FY 2025-26.
Budget 2025 Updates
Now, it's time for SWAMIH Fund-2. So far, 50,000 dwelling units in stressed housing projects have been completed and keys have been handed over to homebuyers. Another 40,000 units will be completed in 2025. "SWAMIH Fund-2 will be established as a blended finance facility with contribution from the govt, banks and investors. This fund of Rs 15,000 crore will aim for expeditious completion of another 1 lakh units," the FM said.
Get real-time updates on Budget 2025 and Income Tax Slabs on Times of India. Check out the latest income tax slabs FY 2025-26.
Popular from India
- Delhi elections: 8 AAP MLAs join BJP days before polls
- ‘We will leave Uttarakhand, may be even get out of India’
- 'I pray to Lakshmi to bless poor, middle class': PM Modi on Budget
- Hyderabad tragedy: Siblings live with mother's corpse for ten days in grief-stricken state
- DGCA penalises Air India Rs 30 lakh for having a pilot without required recency operate a flight
end of article
Trending Stories
- Income Tax Slabs 2025-26 Budget 2025 Live Updates: Will FM Sitharaman provide income tax relief to salaried taxpayers?
- Budget 2025 Live Updates: Union Budget speech by FM Nirmala Sitharaman today; all eyes on income tax relief, GDP growth
- Taylor Swift dragged back into Blake Lively-Justin Baldoni drama as new video of Blake sparks backlash, ahead of the Super Bowl
- NBA Player Draymond Green's Wife Hazel Renee Cheers For a Philadelphia Eagles Star's Possible Super Bowl Return
- Budget 2025 tightens tax rules for NRIs: What Indian students and professionals abroad must brace for
- From pardon to prison: January 6 rioter Emily Hernandez sentenced to 10 years for fatal drunk driving crash
- WWE Royal Rumble 2025 Kickoff Show Date, Venue, How to watch in India and US, Location and More
Visual Stories
- 10 most beautiful sea animals
- 10 simple and practical ways to achieve internal happiness
- 10 ways to add fiber-rich cabbage in daily diet
- 10 South Indian dishes that are easy to make for breakfast
- From Lion to Butterfly: 10 animals and what do they symbolise
UP NEXT
Start a Conversation
Post comment