What is SWAMIH fund? FM explains 6 rules for stalled housing projects in Lok Sabha

Finance Minister Nirmala Sitharaman informed the Lok Sabha that only "viable but stuck" housing projects qualify for SWAMIH funding. She outlined six key conditions, including RERA registration, a focus on mid-income housing, positive net worth, and the need for last-mile funding. The fund aims to complete stalled homes and protect buyers, rather than providing bailouts for unviable developers.
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