In a pure equity transaction, the world’s biggest private equity player in real estate, Blackstone Group, is at an advanced level of talks with Salarpuria Sattva Group to pump in nearly Rs 450 crore in its 30-acre commercial property coming up in Knowledge City, Hyderabad. After being one of the most active buyers of commercial […]
Blackstone real estate Archive
September 29, 2015 10:00 am
Transfer of property to Reits may be exempted from stamp duty
Following representations received by the prime minister’s office (PMO) from both domestic and foreign private equity players in the past two months, Finance Minister Arun Jaitley is expected to consider the issues of scrapping stamp duty on transfer of properties by private individuals and firms to real estate investment trusts (Reits) and making dividend distribution […]