SWAMIH to invest Rs 100 crore in Imperia's residential project.

Special Window for Affordable and Mid-Income Housing (SWAMIH), a government-financed stress fund, would invest about Rs 100 crore to finish a residential project in Gurgaon.

Imperia Group is developing this project. Realty consultant JLL India promoted the deal, which would benefit 450 stuck home purchasers.

SWAMIH Investment Fund I would finance the Phase II residential project of Imperia, The Esfera in Gurgaon.

The amount sanctioned for the investment is not disclosed yet, but according to the media reports, investment by the SWAMIH fund would be nearly Rs 100 crore.

The amount sanctioned for the investment is not disclosed yet, but according to the media reports, investment by the SWAMIH fund would be nearly Rs 100 crore.

SBICAP Ventures manages the fund, a 100% subsidiary of SBI Capital Markets, a wholly-owned subsidiary of the State Bank of India (SBI).

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