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Category SWAMIH Investment Fund I

30
Jun

2. What is net worth positive criteria?

A project is considered networth positive if the value of sold receivables plus unsold inventory is greater than cost to complete construction and to service the investment by the Fund.

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30
Jun

1. Which project is eligible for funding?

A Project should satisfy the following criteria to be eligible for funding : Is stalled or likely to be stalled if no funding is made available Atleast 90% of the available FSI / FAR is being developed as Affordable Housing units or Mid-Income Housing units; Is networth positive – value of sold receivables plus unsold

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