Download the app
← Latest news

Ramky takes over stalled Skylark projects as SWAMIH funds ₹600 crore for Bengaluru homebuyers

Economy
Published on 29 April 2026
Ramky takes over stalled Skylark projects as SWAMIH funds ₹600 crore for Bengaluru homebuyers

A Rs 600 crore lifeline could restart homes for 1800

Ramky Estates will take over Skylark’s stalled residential projects in Bengaluru as the SWAMIH Investment Fund plans to inject up to ₹600 crore. The funding is expected to revive projects and ease delays for more than 1,800 homebuyers who have been waiting for their homes. The move signals a fresh push for completion using stalled-project rescue capital.

  • SWAMIH Investment Fund to inject up to ₹600 crore
  • Ramky Estates to take over stalled Skylark residential projects
  • Over 1,800 Bengaluru homebuyers could see project momentum return
  • Funding aims to address long delays and restart construction
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.