SWAMIH fund completes 58,596 stalled homes
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What happened
- SWAMIH, launched in 2019, gives last-mile finance to stalled affordable and mid-income housing; 58,596 homes have been completed so far [PIB].
- More than 1 lakh homes are expected, benefiting over 2.38 lakh people [PIB].
Background
- SWAMIH is a SEBI-registered Category-II AIF sponsored by the Ministry of Finance and managed by SBICAP Ventures.
Why it matters
- Reviving stalled projects protects homebuyers and unlocks credit stuck in them.
How to use this in Mains
- As per PIB (2026-03-13): SWAMIH, launched in 2019, gives last-mile finance to stalled affordable and mid-income housing; 58,596 homes have been completed so far.
- Reviving stalled projects protects homebuyers and unlocks credit stuck in them.
Quotable data pointMore than 1 lakh homes are expected, benefiting over 2.38 lakh people.
PIB: PIB Backgrounder: SWAMIH, 13 Mar 2026
Exam angle
UPSC
Prelims: SWAMIH, AIF.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
SWAMIH launched
Answer (b) & explanation
PIB.
Practice · UPSC
Homes completed
Answer (b) & explanation
PIB.
Practice · UPSC
SWAMIH is a
Answer (b) & explanation
PIB.
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Official source: PIB: PIB Backgrounder: SWAMIH, 13 Mar 2026
facts from cited sources only; faculty review pending