About the Scheme
SWAMIH 2.0 is a government-backed social impact fund announced in Budget 2025-26 to complete stalled RERA-registered housing projects. Budget: ₹15,000 crore. Target: 1 lakh additional homes. SWAMIH 1.0 delivered 50,000 homes across 130+ projects. Managed by SBICap Ventures. Provides last-resort financing to distressed affordable and mid-income housing projects.
Target Beneficiaries: Middle-class homebuyers in stalled housing projects; builders of RERA-registered stalled projects
Key Features
- Government-backed social impact fund; last-resort financing for distressed projects
- Target: 1 lakh additional stalled housing units completed
- Budget: ₹15,000 crore (SWAMIH 1.0 had ₹15,530 crore; ₹3,500 crore returned to government)
- SWAMIH 1.0 track record: 50,000 homes delivered; 130+ projects in 30 cities
- Manager: SBICap Ventures (largest domestic real estate PE)
- Eligibility: stressed brownfield RERA-registered affordable and mid-income projects
- Social impact: relieves 4+ lakh homebuyers stuck in stalled projects