Charges

 

 

SERVICE1:FEE FOR PROPERTY MANAGEMENT(PM)

Annual Rental income rangePercentage of fee
< Rs.3,00,0008.0% or determined after analysis
Rs. 3,00,001 - Rs.6,00,0007.5%
Rs.6,00,000 - Rs.10,00,0006.5%
Rs.10,00,000 - Rs. 20,00,0006.0%
Rs. 20,00,000 - Rs.30,00,0005.5%
Rs.30,00,000 and above5% or determined after analysis

Note: Property Management fee is charged at the beginning when the contract is signed. A yearly renewal fee is at the beginning of the financial year ( April 1st).

SERVICE 2:MAJOR REPAIRS AND RENOVATIONS
9.5% of the total project cost.
a) Role of the Company or its representative(s) will be like Project Manager role, will over see the work/project which is being carried by different departments/vendors. All planning, coordination and execution of the work will be carried.We Will act like EARS & EYES of the Owner
b) Company or its representatives will NOT be making any decisions or would handle the money while executing the project(Renovation tasks).
c) Company or its representatives would act like ears & eyes of the property owner.
d) Company would arrange the vendor(s) and negotiate the prices on the owner behalf. The final authority in selecting the vendor lies on the property owner.

SERVICE 3: SELLER FEE
a) TYPICAL PROPERTY SALE

Transactional ValueFee
< Rs.1 crore2% of the transactional value
Rs. 1 Crore and above1.5% of the transactional value

b) PROPERTY SALE + TAXATION + IT CLEARANCE + MONEY REPATRIATION (End-to-End Services)
3.0% of the transactional value and any incidental expenses & CA fee are extra.

SERVICE 4: RENTAL FEE
a) TENANT FINDING FEE (Collected From Property Owner)

Duration in finding a tenantFee
Less than 3 months15 days rent or ½ month rent
More than 3 months1 month

b) PROPERTY FINDING FEE (Collected From the Tenant)

Rental valueFee
Less than 15,000/-1 month rent
More than 15,000/- and above15 days rent or ½ month rent

SERVICE 5: OBTAIN DOCUMENTS AND DOCUMENT VERIFICATION SERVICES
$4.99 per hour
Note: We obtain any required documents for the buyer (On seller behalf), any government fee, incidental expenses & travel charges are extra. We also get the documents verification done for the buyer (On buyer behalf)

SERVICE 6: PLOT AND LAND MONITORING
Charges will be determined based on the requirements like: Simple monitoring(4 times in a year), etc.
Note: A non-refundable enrolment fee of $99 is charged before the property is visited for the first time.

SERVICE 7: BUYER SERVICES
a) BASIC SERVICE FOR BUYER

Transactional ValueFee
< Rs.1 crore1.5 % of the transactional value
Rs. 1 Crore and above1.0% of the transactional value

b) EXTENDED SERVICES : BUY PROPERTY + TAXATION + LEGAL CLEARNACE + PROPERTY REGISTRATION (End-to-End Services)

2.0% of the transactional value and any incidental expenses & Legal fee are extra.