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,