News
Home & Soul to get SWAMIH funding
New Delhi/Noida, February 25, 2022: Home & Soul (a subsidiary of Investors Clinic) today announced that the company will receive fund infusion under SWAMIH Investment Fund from SBICAP Ventures to complete its project – f Premiere on the Yamuna Expressway. The Central Government has announced category II alternative investment fund (AIF) in 2019.
SWAMIH Investment Fund has been formed to complete construction of stalled, brownfield, RERA registered residential developments under the affordable housing / mid-income category. Projects considered under the scheme have to be net worth positive, requiring last mile funding to complete construction.
Sakshee Katiyal, CEO, Home & Soul said, “As a developer, we are really grateful to the Government of India that something revolutionary and encouraging like this scheme has been announced for the stressed real-estate industry. We have our firm commitment to our buyers, and with this infusion through SBICAP ventures, we will be able to deliver on our promises. SWAMIH investment fund has been a boon to lots of developers and in the recent trying times and the fund has exited lots of projects, giving confidence to the industry.”
Home & Soul has five projects under projects under its belt at present- both commercial and residential. The company has already delivered value to more than 600 proud house owners.
-
News3 weeks ago
KW Delhi 6 Mall Onboards New Brands
-
News3 weeks ago
Manasum Senior Living Launches IKIGAI GOA, A Senior Living Community in North Goa, in collaboration with Prescon Homes
-
News2 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News3 weeks ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On
-
News3 weeks ago
Commercial Realty Gets Tech Savvy: Fast Construction, Enhanced Convenience
-
News3 weeks ago
Multipoint Connection – A Definite Boon
-
News2 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News3 weeks ago
Sacred Cities See a Retail Boom as Spiritual Tourism Surge: CBRE Report