Tuesday, 7 July 2015

Fee Structure

Service Charge Details

Rental Transaction

Services in Locating a Property :
  • Identify suitable properties matching to Tenant’s requirement.
  • Participate in negotiations of the Lease terms with the Owners.
  • Assist in preparation of Lease Deeds.
  • Advice Tenants on the Market Trends.
Services in Fixing a Tenant :
  • Identify suitable Tenants who qualify your requirement.
  • Participate in negotiations of the Lease terms with the Tenants.
  • Assist in preparation of Lease Deeds.
  • Advice owners on Market Trends.

 Fees For Rentals

Commercial with or without fit out/ Industrial*One month rent each from both parties
Renewal of Lease ( if required , optional )Half month rent from the approaching party.

Temporary Rentals

Up to 3 months
4 - 6 months
Any lease beyond 6 months
¼ month rent as commission from both parties
½ month rent as commission from both parties
1 month rent as commission from both parties.
Example - If the Rent is 10,000/- per month and you plan to use the premises for a period of 3 Years (10,000 * 36 Months ), the fee you pay us for the transaction is 10,000/- that is more or less close to 3% of the transaction value.

However, If you use the premises for a period of 5 years (60 Months ) the amount we get paid as fees will be less than 2% of the transaction value.

This is a pay for results model. You pay a small percentage of a successful transaction.

There is NO registration charges, site visit charges or any other upfront costs of any sort.

No matter how much effort we take, if we don't deliver results, you don't pay us.
Please contact us only if you need a professional support. We try our best to provide best value for the fee we receive from you. However we know it is statistically impossible to please everyone, we put our sincere effort to be useful and nice to people who reach out to us.

Fee is decided based on volume of transactions in the Trivandrum Local Market. 

Real Estate is hyper local in nature. If you are someone from outside Trivandrum and the real estate transaction fee is different in your local market - we do not abide to that.

Sale Transaction

Our Services in Sale of Property:
  • Identify suitable Buyer who qualify your requirement.
  • Participate in Negotiations of the Sale Agreement.
  • Advice on steps involved in Property Transfer.
Our Services in Purchase of Property:
  • Identify suitable properties matching your requirement.
  • Participate in Negotiations of the Sale Agreement.
  • Advice on steps involved in Property Transfer.

Brokerage Charges

City Limits*3% on the sale consideration from the client we represent
Outside City Limits*3% on the sale consideration from the client we represent
Sale of Industrial Land , Building *3% on the sale consideration from the client we represent
Joint Venture Development3% commission each from the developer / owner on the total transaction value. 

Trivandrum

As someone born and brought up here and someone who now earns a living doing commercial real estate in Trivandrum , I will admit upfront, I ...