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Edelweiss

Property Gain Tax- Some facts

Property Gain Tax- Some facts
Consumers looking at taking the benefit of the government’s emphasis on the real estate sector, especially the housing sector, need to be aware of the tax implications. These tax implications are related to the sale-purchase of properties particularly when the sale-purchase agreements and their executions are spread over several days/months or even years. The citizens [...] Continue Reading »

PE players set to takeover Care Ratings

PE players set to takeover Care Ratings
A change in the ownership of Care Ratings is imminent in the few days, with private equity players Carlyle and Barings making a bid to take over IDBI and other institutions’ 45 per cent stake on Saturday. On Saturday the auction for IDBI and other financial institutions’ stake in Care Ratings was closed.  As confirmed [...] Continue Reading »

Home sales dropped across country

Home sales dropped across country
Volume of home sales dropped in most micro markets across the country in the first quarter of the year. An Edelweiss research report states that home sales dropped the most in NCR, followed by Chennai and Hyderabad. Most developers across the country reported a seasonal decline. Revenues of 13 listed real estate firms declined by [...] Continue Reading »



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