Owner: Investment Fund I have completely exited my investment in Construction NS CCI Rivali Park Wintergreen in housing project Mumbai. NS first exit For the fund, which has achieved its twin objectives – complete the project and successfully redeem its investment, the finance ministry said in a tweet.

The Finance Ministry in its tweet said, “The project was started in 2010 and stalled due to paucity of funds. There is no hope for desperate home buyers till Swamih Investments in Feb-2020. The project will be completed in April 2021 for two Covid-19 months.” Occupation certificate received despite the lockdown.”

Swamy has approved 95 projects worth over Rs 9,500 crore that will complete over 57,700 houses. It has already completed over 1500 houses in 7 projects and is on track to complete at least 10,000 houses every year.

Swamy is now India’s largest social impact fund. This SBICap Ventures managed fund has one of the largest domestic real estate private equity teams focused solely on financing and monitoring stressed housing projects.