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Buying commercial property is as challenging as purchasing real estate unit. Perhaps, it requires more skills to search for a good commercial unit than to look out for a dwelling place. Parameters like the location, the prominence and the appearance of your commercial property would be influencing your business to great extent. Hence, you must be very tactful while looking out for buying commercial property.
We can offer Real Estate solutions for any Real Estate related requirements for companies like Office Space Mumbai, Commercial Property Mumbai, and Real Estate in Mumbai. Types of companies to whom we can offer our services are Banking, Insurance, Financial and FIIs, Manufacturing Companies, Shipping, Law firms, Infrastructure, Media, IT, Software, Data Centers, Call Centers, Back Office Operations, Trading Companies etc.
Office spaces available with us ranges from 150 Sq.Ft. to 32000 Sq.Ft. in a single floor plate, larger spaces are available on combined floor plates. Types of offices we can offer are: Un-furnished or bare shell offices, Warm shell offices, Fully-furnished or plug and play office spaces
Location of a commercial property is very critical hence we take most care in finding the locations which has development in surrounding areas of the premises. Utilities and infrastructure development is being analyzed to make it perfect location for your business. Also inspect the structural specifications such as Exterior Glass Condition, Roofs, Air Conditioning, Parking Lots etc.
The fundamental base of our existence is personalized Services with complete Transparency along with strong Business Ethics. A team of professionals support every transaction till completion.
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- We have been partnering the investors and have been successfully investing in prominent commercial office spaces with an objective of letting out spaces exclusively to corporate.
- A ‘Stable and fixed income’ objective is achieved by leasing the premises.
- It also facilitates in encashing the property appreciation after a particular year.
Siddhi Realty will ensure profitability and meeting the expectations through our following services for buying or leasing a Commercial property:
- Identify the property you wish to purchase
- Crosschecking of current market rates of property in the vicinity and current market trends.
- Formulating commercial terms.
- Distinguishing between negotiable and fixed terms and conditions of the contract, eg. Price, payment schedule, time of completion etc.
- Check for clear titles of the property. Ask for photocopies of the all deeds of title related to the property to be purchased. Examining the deeds to establish the ownership of the property by seller, preferably through an advocate.
- Ascertain the survey number, village and registration district of the property as these details are required for registration of the sale. Previous encumbrances and loans, if any on the property must be cleared before completion of purchase of the property.
- Finalise commercial terms of purchase of the property. Ascertain transfer fees, stamp duty and registration charges to be paid on purchase of the property.
- Ascertain outgoings to be for the property i.e. property tax, water and electricity charges, society charges, maintenance charges.
- After payment of the entire sale price, take over legal possession of the property and check the receipt of original documents from the Vendor of the property.
- Make sure that property holder’s name is changed in all related records, e.g. society, Electricity Company, municipal corporation, Index II etc.