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SALE TRANSACTIONS
City limitsĀ - Residential/Commercial 2% from Seller and 1% from Buyer and GST
Outside City limits 3% from Seller and 1% from Buyer and GST
Sale of Industrial Land/Building and Agricultural Land 4% from Seller and 2% from Buyer and GST
Joint Development 2% from Developer & Owner on the land value and GST
Goodwill/ Pagadi 2% and 1 month rent on either side and GST
RENTAL TRANSACTIONS
On Rental 1 month rental form both parties and GST
On Renewal of Rent 15 days for any renewal of lease from the Lessor and Lessee or the approaching party and GST
SHORT-TERM RENTAL ACCOMODATION
Up to 3 months 1/4 month's rent from both parties and GST
Up to 6 months 1/2 month's rent from both parties and GST
Any lease beyond 6 months 1 month's rent from both parties and GST
Rental Deposit exceeding 15 months 2% from both parties and GST
LEASE TRANSACTIONS
Long Term or more than 11 months 2% from both parties and GST

NOTE:

  • The above Terms are applicable for all sectors - Residential/Commercial/Industrial
  • Either side is referred to as representing party
  • Both Parties are referred to as Owner & Tenant