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Service Charges: Fixed commissions on real estate transactions

Service Charges on Sale Transactions
City limits - Residential/Commercial2% from seller, 1% from buyer
Outside city limits3% from seller, 1% from buyer
Sale of Industrial land/building and agricultural land4% from seller, 2% from buyer
Service Charges on Rental Transactions
Residential/ Commercial/ Industrial 
On Rental1 month rental form both parties
On renewal of lease15 days commission for any renewal of lease from the Leassor & lessee or the approaching party.
Service Charges on Temporary Rental Accommodation
Upto 3 months1/4 month's rent as commission from both parties
Upto 6 months1/2 month's rent as commission from both parties
Any lease beyond 6 months1 month's rent as commission from both parties
Rental deposit exceeding 15 months2% commission from both parties
Service Charges on Joint Development
2% commission from the developer/owner on their respective super built up share
Service Charges on Property Management
10% of Monthly rental value
 
Note: All charges attract service tax of 12.24 % of the fee as applicable by the government of India.



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