Mumbai Property Dealers.com
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It is our endeavor to bring before you, accurate details on incidental expenditure you will incur on property transactions. We hope this will serve to give you a true indicator of the different issues involved in such deals and help you make an optimal choice.

On purchase of property the Government has imposed stamp duty charges. Additional to that, in a registered society, transfer charges are applicable, approximate figures are mentioned below.  

Commmission / Brokerage

Commission / Brokerage Charges Payable by You to us for all types of Properties
Ownership
Brokerage Equivalent to 2% of the Purchase / Sale Value
Rental (For 24 / 36 Months)
Brokerage Equivalent to Two Months Rent and 2% of the Security Deposit Value.
Rental (For 12 Months)
Brokerage Equivalent to one Month Rent and 1% of the Security Deposit Value.
For Lessees / Landlords
Brokerage Equivalent to One-Month Rent and 1% of the Security Deposit Value.
Advance Rent Transactions (24 / 36 Months)
Brokerage Equivalent to Two Months Rent.
Advance Rent Transactions (12 Months)
Brokerage Equivalent to One Month Rent.
Brokerage on renewal

For licensee / tentents brokerage ( Beyond 36 months ) Equivalent to One Month Rent.

For licensor / landlord brokerage ( Beyond 36 months ) Equivalent to Half Month Rent.

A 12.36 % Government service tax is applicable on all the above brokerages, w.e.f. 1st April 2007.