Credvest, a prominent player in real estate management, has launched a new investment vertical, Parking Capital. This initiative aims to broaden access to asset-backed investments, catering to both developers and investors in the alternative investment space.
Parking Capital addresses a significant gap in the real estate market by providing developers with capital for land acquisition and growth in micro-markets. At the same time, it offers investors opportunities for passive income through real estate bonds, which promise competitive returns.
The platform emphasizes thorough due diligence across financial, legal, and physical parameters. With flexible exit strategies and varied interest payout options, investors can select from monthly, quarterly, or annual returns, ensuring adaptability to their investment goals.
Quote from the Founder: Suman Naidu, Chairman and Founder of Parking Capital, stated:
“Many investors find themselves paying off loans without their assets generating returns. Parking Capital bridges this gap by offering access to exclusive real estate deals with high returns and strategic exit options. Additionally, it provides developers with the funding and resources required to achieve Grade A partner status in India. Our platform turns investments into profitable assets while fostering growth in the real estate sector.”
To enhance investment security, all transactions on Parking Capital are conducted through escrow accounts. The platform also collaborates with legal advisors like Khaitan & Co. to oversee compliance and maintain credibility.
Quote from the CBO: Sandeep Prabhudesai, Chief Business Officer of Parking Capital, noted:
“According to SEBI’s annual report for 2023-24, corporate debt bonds constitute nearly 80% of total investments, yet many retail investors miss out on these opportunities. We aim to simplify real estate bond investments by performing all due diligence and presenting the most attractive options to our users, enabling them to achieve solid returns effortlessly.”
Supported by Credvest’s established reputation and a network of developers, Parking Capital is set to launch its first unlisted non-convertible debentures (NCDs), compliant with all regulatory standards. This new venture highlights Credvest’s dedication to innovation and leadership in the investment market.
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By Proptechbuzz
By Ravi Kumar
