FIXED COMMISSIONS ON REAL ESTATE TRANSACTIONS

SALE TRANSACTIONS - Bangalore
City limits - Residential/Commercial 2% from seller, 1% from buyer
Outside city limits ( Beyond 50 Km of MG road) 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

* Note : Service tax at 10% and an education cess at 2%  is leviable on all commissions.

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