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Credvest, a real estate management solutions firm, announced the launch of its latest investment vertical, Parking Capital. As a proptech platform, Parking Capital is set to revolutionise the alternative investment landscape by making asset-backed investments accessible to a broader audience.
Recognising a critical gap in the real estate market, Credvest has designed Parking Capital to serve developers and investors. Developers gain access to essential capital and resources necessary for land acquisition, fostering growth in micro-markets.
Simultaneously, investors can enjoy the opportunity to earn passive income through lucrative returns from real estate bonds offered by Parking Capital. Parking Capital is committed to thorough due diligence, encompassing financial, legal, and physical aspects. With pre-determined exit strategies tailored to individual investment capacities, investors can choose from monthly, quarterly, or annual interest payout options, ensuring flexibility and reliability.
To ensure the safety and integrity of investments, all transactions are processed through escrow accounts. Additionally, Parking Capital has partnered with trusted legal experts, including Khaitan & Co. to oversee the legal facets of the business, further enhancing the platform's credibility.
With the backing of Credvest's robust reputation and numerous developers already on board, Parking Capital is poised to launch its first unlisted NCDs that are fully supported by regulatory frameworks. This new venture reaffirms Credvest's commitment to innovation and excellence in the investment sector.
