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81 stalled housing projects approved for funding under special window

They will collectively be able to complete 60,000 houses with Rs 8,767 cr investment

housing
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Applications from 353 stressed projects are under examination for provision of assistance.

Indivjal Dhasmana New Delhi
A special funding window has approved an investment of Rs 8,676 crore for 81 stuck housing projects, in a move that will enable the completion of almost 60,000 homes.

Additionally, the window is actively evaluating options to provide relief to 15,000 homebuyers in certain stalled projects which are pending before the Supreme Court for resolution.

The figures were disclosed during the review of the Special Window for Affordable and Mid Income Housing (SWAMIH) by finance minister Nirmala Sitharaman on Thursday. 

These projects are spread across a mix of markets including large cities such as the National Capital Region, Mumbai Metropolitan Region, Bengaluru, Chennai,

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