The SWAMIH Fund has delivered a major breakthrough for homebuyers across India. This government-backed stress fund has successfully completed over 61,000 homes in stalled projects as of December 15. It is a significant step toward resolving a long-standing crisis in the real estate sector.
The fund’s impact is expected to grow even further. Official statements indicate it is on track to deliver over one lakh homes in total. This achievement will provide much-needed relief to more than four lakh people awaiting their dream homes.
Strong execution has been key to this success. The SWAMIH Fund fully committed its entire investible corpus before the end of its investment period on December 5, 2025. This disciplined capital deployment reflects efficient management and a clear focus on results.
The scale of the fund’s operations is truly national. Its portfolio includes more than 145 projects spread across 30 different cities. This makes the SWAMIH platform the largest residential-focused stress resolution entity in the country.
Deliveries are happening across a wide range of projects. Approximately 61,000 homes have been handed over across 110 projects. This includes a notable focus on affordable housing, with over 7,000 units delivered under rehabilitation and Economically Weaker Sections categories.
Governance has been a cornerstone of the fund’s strategy. It has been managed with strong oversight, active asset management, and rigorous standards. This approach has already yielded 55 full exits and 44 partial exits from investments.
The economic ripple effects are substantial. The SWAMIH Fund has unlocked a staggering Rs 37,400 crore of capital across 127 projects nationwide. This infusion is revitalizing construction and development activities on a massive scale.
A vast area is now under active development. The fund’s portfolio encompasses over 90 million square feet of construction. A significant portion, 44 percent, is dedicated to Low-Income Group and Middle-Income Group housing, aligning with its affordable mandate.
Job creation is another critical outcome. The initiative has generated over 36,000 skilled and unskilled jobs so far. This includes the creation of approximately 3,500 permanent positions, providing stability for many families.
The fiscal contribution to governments is impressive. The SWAMIH Fund has contributed an estimated Rs 6,900 crore in revenues to central and state coffers. This revenue comes from GST, government dues, and stamp duties associated with the revived projects.
Every completed home represents a fulfilled promise. For thousands of families, the SWAMIH intervention has turned uncertainty into security. The fund has demonstrated that structured, government-backed solutions can tackle complex market failures.
The success of the SWAMIH Fund offers a blueprint for future interventions. Its focus on affordable and mid-income housing addresses a core need in the Indian market. The model proves that patient capital and strong governance can unlock stalled assets.
Momentum continues to build as more projects near completion. With a target of one lakh homes, the fund’s work is far from over. Its continued progress will bring hope to even more homebuyers in the coming years.
The story of the SWAMIH Fund is one of tangible progress. It shows how strategic financial tools can have a profound human impact. Transforming stalled sites into livable communities is its enduring legacy.