Commission on Real Estate Transactions |
SALE TRANSACTIONS |
City limits Residential/Commercial |
2% from seller, 1% from buyer |
Outside City Limits |
3% from seller, 1% from buyer |
Sale of Industrial Land/ Building And Agriculture Land |
4% from seller, 2% from buyer |
JOINT DEVELOPMENT |
2% commission each from the developer/owner on their respective super built share. |
GOOD WILL / PAGADI |
2% Commission and one month rent from either side |
|
RENTAL TRANSACTIONS |
Residential/Commercial - with or without fit out / Industrial |
1 month rent each from both parties |
Renewal of Lease |
15 days commission for any renewal of lease from the Lessor and Lessee or the approaching party. |
|
TEMPORARY RENTAL |
Accommodation |
Up to 0 3 months |
Month rent as commission from both parties |
Up to 0 6 months |
Month rent as commission from both parties |
Any lease beyond 6 months |
1 month rent as commission from both parties |
Rental deposit exceeding 15 months |
2% commission from both parties |
|
Property Management Fee |
Property management fee |
10% of Annual rental value. |
|
Note: All charges attract service tax of 10.3 % of the fee as applicable by the government of India. |