Tag: #Investments

Income Tax Department

Tax benefits on investments in another home will still be available to joint owners of the current apartment: ITAT

April 9, 2024

MUMBAI: It is not unusual for a spouse’s name to appear on a flat title. Many people may find value in a recent ruling made by the Income-tax Appellate Tribunal’s (ITAT) Mumbai branch. The Income-tax (I-T) Act’s section 54-F, which deals with long-term capital gains, states that a spouse who co-owns an asset and then […]

Tax benefits on investments in another home will still be available to joint owners of the current apartment: ITATmore
Commercial Property

Report: Private Equity investments in the real estate sector rose by 3%.

February 13, 2020

According to a report by Cushman & Wakefield India, private equity investments in the real estate sector rose by 3% in 2019 to Rs 43,704 crore, accounting for almost half the shares in investment flows for the office segment. In 2019 the office segment received Rs 21,890 crore from institutional investors, which reflects a 50.1% […]

Report: Private Equity investments in the real estate sector rose by 3%.more

Piramal Capital & Housing Finance funds Rs.200crore to Appaswamy Group Chennai

June 21, 2018

By Realty Quarter Bureau Piramal Capital & Housing Finance, a subsidiary of Piramal Enterprises Limited, has sanctioned an approximately Rs 200 crores facility to the Appaswamy Group (Appaswamy), via a structured equity transaction, to enable the acquisition of 3.34 acres (nearly 60 grounds) of land in Kotturpuram, in the heart of Chennai. Appaswamy acquired this land […]

Piramal Capital & Housing Finance funds Rs.200crore to Appaswamy Group Chennaimore

Inditrade plans to foray into housing finance segment

May 17, 2018

By Realty Quarter Bureau Financial Services firm Inditrade Capital plans to foray into housing finance segment with focus on promoting affordable housing. “We have applied for licence. The applications (are filed) with the regulator National Housing Bank and we are awaiting approval,” Inditrade Group of Companies Chairman Sudip Bandyopadhyay said. Housing finance business will be operated through a separate subsidiary and aims […]

Inditrade plans to foray into housing finance segmentmore

Blackstone buys 49% of Indiabulls office rental business for $60 million

February 21, 2018

By Realty Quarter Bureau Blackstone Group world’s largest private equity firm is all set to buy 49% of stake in the office rental business of Indiabulls Real Estate in a $600-650 million deal taking the entire portfolio around $1.2 billion. This transaction will include landmarks in Mumbai Lower Parel such as One Indiabulls Centre and […]

Blackstone buys 49% of Indiabulls office rental business for $60 millionmore