Parksyde Flats and Condominiums, Luxury Living within the Budget

Parksyde Homes - Nashik

The industrialization and progress of various cities in India continues. Condominiums and flats are rising fast as companies generate better jobs with good income that can improve the living condition of the locals. The lives of the people changes as well as their preference in choosing their permanent residence as their purchasing power get stronger.

We all wanted hotel accommodation because the services are superb and the amenities are great but it is definitely not good in our budget and thus, staying in a hotel while working in the city may not be a good idea. What we want is to get a better lifestyle without having to spend more.

Parksyde Homes located in Nashik may be a good investment. While the city is on the era of industrialization and people are investing in this city, why not invest in good homes while the prices are still affordable. Nashik is a promising city. If you are looking for an affordable yet simple and relaxing place to stay in India, this city is for you. Think of communing with nature and the various amenities being offered by Parksyde Homes. Luxury living can be achieved if we make the right decision today. Invest in properties today. Parksyde Homes has wide range of flats to choose from.

We need to look for our permanent residence and Nashik could be the place you may want to check. Companies continuously expand in the city because the weather condition is great. It is ideal for any type of business. In fact, most IT companies as well as engineering established their offices in the city, and thus many locals benefited from employment. Many entrepreneurs are investing in Nashik because the location is good. They rest along the river making water supply adequate for the residence. Since the development of the city, the pockets of slums in the area were converted and rehabilitated. People in Nashik have good income generating jobs as the result of the rehabilitation thus lowering the crime rate and creating a safe and secured community.

Getting employment in Nashik is not a problem as there are many companies who are openly accepting applicants in the area. You can even strive to a higher position by getting good education because Pune is just a few block away. Parksyde Homes believe that good community is essential in luxury living and their property is located in good location that will surely appreciate in value in the coming years.

An Insight into REITs and its Benefits

Last year marked a period of celebration for the real estate sector when the finance ministry cleared hurdles related to formation of Real Estate Investment Trust also known as REITs. This trust will largely benefit investors and builders. These trusts operate like mutual funds wherein one can invest in income-generating properties. In addition, the units can be traded in the same way as stocks since they are listed on exchanges.

Parksyde Homes - Nashik

Launch of REITs will open the gate for small developers owing to access to economical resources and also allow individuals to invest in small quantities in the realty market. A major advantage is that it will improve the liquidity status of developers whose projects are often stuck due to financial crunch. Furthermore, the large pool of resources put in REIT by different financiers will also aid builders in generating capital for new ventures. It will promote speedier monetisation of rented assets.

The opaque functioning of the real estate industry is not hidden from anybody. The REITs will accomplish an important task which is the need of the hour i.e. fighting corruption in various sectors and ensuring transparency in transactions. This will happen because of SEBI's involvement and regulations monitoring the program. As a result, all the people operating the trust, builders and investors will be bound by strict regulations related to financial disclosure. Therefore, this will make the entire realty funding procedure transparent and free of any illegitimate dealings. In addition, it could also encourage capital inflow from global companies.

As of now, it is expected that the price of 1 REIT unit could be around Rs. 1 lakh whereas the minimum subscription sum will be approximately Rs. 2 lakh. However, these amounts might gradually decrease once this program gets popular. REIT is a move welcomed by not just the management at Parksyde, but by real estate firms throughout the country.

Though there's no denying the fact that REIT will provide immense benefits to stakeholders and developers, the success of this program largely depends on the kind of regulations framed by SEBI. We are hoping for high dividends along with some tax reductions which will make the REITs fruitful and bring about a significant turnaround in the real estate sector. Parksyde has a variety of on-going projects in Nashik, but with the help of this trust and its ample resources, we can guarantee our patrons world-class houses and facilities.