The SWAMIH Investment Fund, backed by the government, is set to provide more than one lakh homes nationwide, benefiting over four lakh individuals trapped in delayed housing projects. Launched in November 2019 with approval from Prime Minister Narendra Modi, the SWAMIH Fund aims to offer last-mile funding to stalled housing projects, supported by the Ministry of Finance. By December 5, 2025, the fund had fully utilized its investible corpus.
Investing in 145 housing projects across 30 cities, SWAMIH has become India’s largest residential stress resolution platform. Over 61,000 homes have already been handed over in 110 projects by December 15, 2025, with a focus on rehabilitating economically weaker sections. This progress has brought relief to numerous homebuyers awaiting possession for years.
Managed with robust governance and monitoring, SWAMIH has seen 55 full exits and 44 partial exits, unlocking more than Rs 37,400 crore across 127 projects nationwide, covering 90 million square feet of development area. A significant portion of this area caters to low and mid-income housing, contributing to economic growth.
The revival of stalled projects has not only provided housing solutions but also economic benefits. The fund has created over 36,000 jobs, including 3,500 permanent positions, and contributed more than Rs 6,900 crore in revenues to the government through taxes and other dues. Additionally, the construction activity has boosted demand for materials like cement and steel, while also enhancing green cover with the planting of over one lakh trees.
