It is a social impact fund that was launched in 2019 by the Ministry of Finance, Government of India. The fund provides financial backing for stalled and stressed mid-income and affordable housing projects across the country. In this article, well delve deeper into what the SWAMIH Fund is, how it operates, and its impact on affordable housing projects across India.
SWAMIH Investment Fund provides funding for brownfield, RERA-registered, and stressed residential projects that fall under the affordable and mid-income housing category. The fund considers projects by first-time developers, established developers with troubled projects, developers with a poor track record of stalled projects, customer complaints, NPA accounts, and even projects with litigation issues.
The Mukundra Hills Tiger Reserve is located in Rajasthans Kota district and has an area of 759.99 km2. It was established in 2004 and comprises three wildlife sanctuaries: Darrah Wildlife Sanctuary, National Chambal Sanctuary, and Jawahar Sagar Wildlife Sanctuary. The reserve is located in the Khathiar-Gir dry deciduous forests and has a rugged and hilly terrain dominated by Dhok (Anogeissus pendula) trees. It is an important ecological zone for wildlife, including tigers, leopards, chinkaras, and crocodiles.
The Ramgarh Vishdhari Tiger Reserve is situated in the southeastern part of the state in Bundi district. It represents both Vindhyan and Aaravalli Elements and is in continuation with the buffer area of Ranthambore tiger reserve in the northeastern side and Mukundara Hills tiger reserve in the southern side. The Mez, a tributary of the Chambal river, passes through the tiger reserve. The terrain is mostly rugged and hilly, and it is part of the Semi-arid Zone of India. The habitat is dominated by Dhok (Anogeissus pendula) trees.