Swamih Fund Greenlights Rs.3.40 Bn for Vatika Project in Gurugram

26 Mar 2024 CW Team

The Swamih Investment Fund, which focuses on completing stalled housing projects, has approved funding amounting to ?3.40 billion for a Vatika Group project in Gurugram. This injection of funds is poised to expedite the completion of the project, benefiting homebuyers and stakeholders alike.

The approval from the Swamih Fund signifies a significant step towards addressing the challenges faced by stalled real estate projects in Gurugram. By providing financial support, the fund aims to revive stalled projects and facilitate the timely delivery of homes to buyers.

The funding approval for the Vatika project underscores the Swamih Fund's commitment to promoting confidence and stability in the real estate market. It reflects the fund's strategic approach to resolving issues related to project delays and enhancing transparency and accountability in the sector.

As the Vatika project receives funding from the Swamih Fund, homebuyers can expect accelerated progress towards project completion and possession of their units. The infusion of funds is expected to rejuvenate the project and unlock its full potential, benefiting both buyers and the broader real estate ecosystem in Gurugram.

The Swamih Fund's decision to approve funding for the Vatika project aligns with its mandate to support stalled housing projects across India. The move underscores the fund's role in revitalising the real estate sector and facilitating the timely delivery of homes to buyers, thereby fostering trust and stability in the market.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..