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Govt-backed SWAMIH Fund invests in Hubtown’s project in Mumbai’s Ghatkopar

By Economic Times - 6 months ago
SWAMIH I invested in Hubtown's Rising City project near Eastern Express Highway, benefiting homebuyers amidst regulatory issues, as part of the government's initiative to aid stalled projects. The project was launched in 2013 but was delayed for delivery due to regulatory issues related to height approvals in 2016 while the project was scheduled to be delivered in 2020. However, in 2023, the project received all necessary approvals.

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