FM holds review meet for residential projects to boost realty investment

The meeting was conducted with the secretaries of the ministries of Finance and senior management teams

Finance and Corporate Affairs Minister Nirmala Sitharaman on Thursday held a meeting to review the performance of the special window for affordable and mid-income housing (SWAMIH).

The meeting was conducted with the secretaries of the ministries of Finance and senior management team of the State Bank of India, SBI capital markets limited and SBICAPS ventures limited (SVL).

The fund has so far approved 81 projects with an investment of Rs 8767 crore, said the release.

The SWAMIH Investment Fund has progressed from a policy announcement to an operational initiative on the ground. It has approved 81 projects that will enable