Pune Homebuyers rejoice with delivery of 155 units in SWAMIH funded project; Entire investment of SWAMIH repaid
Project Overview
The Kalpak Homes Ph2 is a residential development with total saleable area of 1.41 Lac.Sq ft and 155 units.
Project being developed by Belvalkar Group (Shubhankar Kalpak Builders Pvt Ltd)
The Location
Project is located in Kirkatwadi market of Pune with excellent connectivity by road, and upcoming metro.
Project History
Project was launched in 2016.
However, delayed due to various reasons such as shortage of funds & low collection.
SWAMIH Investment
Project was launched in 2016.
However, delayed due to various reasons such as shortage of funds & low collection.
SWAMIH Impact
Project completed within ~1.5 years of investment.
Monitoring to ensure no diversion of funds u2013 all inflows are used for project completion.
Contractor/vendors dues cleared. Salaries paid to the employees.
71 new units sold; ~25.0 Cr collected.
121 homebuyers to finally get their homes.
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