On the completion of the primary residential venture of the federal government’s Special Window for Affordable and Mid-Income Housing or SWAMIH fund, Finance Minister Nirmala Sitharaman on Thursday, May 13, handed over possession to house patrons by way of a digital occasion. According to a press release launched by the Ministry of Finance, the residential venture – ‘Rivali Park’, located in suburban Mumbai, was the primary housing venture within the nation to have acquired funding underneath the federal government’s SWAMIH Fund, managed by the SBICap ventures.
FM Smt. @nsitharaman as we speak carried out the ceremonial handing over of keys to 650 homebuyers of #RivaliPark, Mumbai. This is the primary stalled venture accomplished with funding by GOI’s Special Window for Affordable & Mid-Income Housing Fund managed by SBICap Ventures.#SWAMIH
— Ministry of Finance (@FinMinIndia) May 13, 2021
The Special Window for Affordable and Mid-Income Housing fund was launched by Finance Minister Nirmala Sitharaman in November 2019.