SWAMIH makes real Social Impact; 6000 units delivered and counting
Project Overview
Windspace Amelio is a MAHDA residential redevelopment with total saleable carpet area of 64,735 Sq ft 88 units. There were existing 40 society members.
Project developed by Bini Builders Pvt Ltd
The Location
Project is located D.N. Nagar, Andheri W, MMR.
Project History
Project was launched in 2011-12 and expected to be complete by 2018-19.
However, delayed due to various reasons such as change in regulations, delay approvals and COVID impact.
Overall, the project was delayed by about 3-4 years.
SWAMIH Investment
Project was launched in 2011-12 and expected to be complete by 2018-19.
However, delayed due to various reasons such as change in regulations, delay approvals and COVID impact.
Overall, the project was delayed by about 3-4 years.
SWAMIH Impact
Project completed within ~3 years of investment despite losing 4-5 months in covid lockdowns.
Monitoring to ensure no diversion of funds u2013 all inflows are used for project completion.
Contractor/vendors dues cleared. Salaries paid to the employees.
39 new units sold; ~69 Cr collected.
40 tenants + 88 homebuyers to finally get their homes.
