|
FIXED COMMISSIONS 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 agricultural land |
4% from seller, 2% from buyer |
| JOINT DEVELOPMENT |
2% commission from the developer/owner on their respective super built up share |
| GOODWILL/PAGADI |
2% commission and one month rent on either side. |
| RENTAL TRANSACTIONS |
|
| Residential/Commercial/Industrial |
|
| On Rental |
1 month rental form both parties |
| On renewal of lease |
15 days commission for any renewal of lease from the Leassor and lessee or the approaching party. |
| TEMPORARY RENTAL ACCOMMODATION |
|
| Upto 3 months |
1/4 month's rent as commission from both parties |
| Upto 6 months |
1/2 month's rent as commission from both parties |
| Any lease beyond 6 months |
1 month's rent as commission from both parties |
| Rental deposit exceeding 15 months |
2% commission from both parties |