Swamih Fund Invests in Hubtown's Ghatkopar Project

05 Apr 2024 CW Team

The Swamih Investment Fund, supported by the government, has made a significant investment in Hubtown's project located in Ghatkopar, Mumbai. This investment underscores the fund's commitment to fostering affordable housing development and addressing the housing needs in urban areas.

The investment by the Swamih Fund in Hubtown's Ghatkopar project reflects its strategic focus on supporting real estate projects that align with the government's vision of providing affordable housing to all. The fund aims to catalyse private sector investment in the affordable housing segment and contribute to the government's goal of 'Housing for All' by 2022.

Hubtown's project in Ghatkopar is strategically located and offers a mix of residential and commercial spaces. The investment from the Swamih Fund is expected to boost the project's development and enable Hubtown to expedite construction activities, thereby enhancing housing supply in the region.

The Swamih Fund's investment in Hubtown's Ghatkopar project highlights the importance of public-private partnerships in addressing the housing shortage in urban areas. By leveraging government-backed funds, developers like Hubtown can access capital and resources to accelerate the development of affordable housing projects.

The partnership between the Swamih Fund and Hubtown signifies a collaborative effort towards achieving the shared objective of providing quality housing solutions to urban residents. It demonstrates the potential of innovative financing mechanisms to drive sustainable urban development and improve housing affordability in Indian cities.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..