Tag urban housing

SWAMIH: Catalyzing Economic and Affordable Housing Transformation

SWAMIH: Catalyzing Economic and Affordable Housing Transformation

A competent workforce from tier II and tier III has moved to satellite towns as a result of the hybrid method of work which has increased the need for affordable and mid-income housing in these areas. However the crunch in funds results in stalled projects that delay the delivery of homes to buyers. To address this issue, the government introduced the SWAMIH investment fund in 2019. Despite the strict eligibility criteria to get the funding, it plays a huge role in completing the government’s objective of ‘Housing for All’.