Interstate Realtors

Interstate Realtors is a dedicated team of Competent Real Estate Professionals instrumental in customized and strategic real estate solutions in following specializations: (Retail & Corporate) Leasing : Delhi , NCR, Punjab & Haryana Sale ? Purchase (Commercial & Residential) : North & North-west Delhi Sale ? Purchase (Rented Properties) : Delhi & NCR Residential Leasing : North & North-West Delhi (Industrial, Warehousing & Logistics) Leasing : Delhi & NCR (Bank & ATM) Leasing : Delhi & NCR Franchising Solutions & Revenue Share Module : Delhi & NCR Based and backed with actual need of our clients e.g. ( analyzing their business format, related and overall catchment, their budget, area?s actual footfall, preferences of customer, neighborhood competitors, rate realization, business viability and other related structures), we intend to deliver and execute; strictly matching our client suitability with our expertise. Real Estate Business is heterogeneous in nature due to factors e.g. Non-identical properties, Difference in their location, Age of property, Architectural aspects, Floor plate size, Availability of options in targeted market, Psychological nature of property owner, Legal aspects, Availability of space needed for operational services of retail store and host of other technical and financial features. Bounded to emerge as a Successful and Energetic Company, we firmly believe that Innovation, Uncompromising commitment to quality and Customers satisfaction must be the cornerstones of our success story. Corporate Leasing : Corporate Leasing is a complex process which involves various aspects e.g. Expansion Planning, Location Identification, Viable Property, Economical Lease Rentals, Documentation Procedures, Error Free Execution, Technical Specifications and Financial Specification. Key factors e.g. Easy Accessibility, Nature of business, Requirement of space, Neighboring corporate, Building features, Lift availability, Power Back Up options, Parking facilities, Security, Maintenance charges etc. Retail Leasing : Indian Organized Retail Industry as well as Retail Market (both High Streets and Shopping Malls) is under a phenomenal transformation with rapidly changing trends. The Location, Footfall, Visibility, Accessibility, Buying Pattern of customer, Neighborhood Brands, Competitive Strategy, Market Analysis, Company?s Business Module e.g. Lease Rental - Revenue Share - Franchise - MG Basis, Fit Out period, Incidental Expenses have direct influence in Profitability and Break Even Point of the Concerned Retail Outlet. Thus, both the parties i.e. Entrepreneur and Broker must be efficient and sensitive and shall strict on above objectives to maintain a Win-Win Equation. Residential Leasing : Selection of Likely Property, matching floor preference, flooring , ventilation, checking of water and sanitation system, checking of electrification, security in and outs, white wash in the property, lift availability, prevailing services e,g, (plumbing, electrician, garbage collector, maintenance, cable), prevailing market rent, police verification, NOC from the society and Landlord, registration of the Lease Deed, fixing of time frame, rental escalation, security deposit, past records of the Lessee, its family background, parking facility are the factors to be checked. Transportation facility, nearby market, access to services e.g. hospital, police station, school; community centre etc must be convenient. Sale ? Purchase of Property : In this transaction one must check these concerns e.g. Identification of property matching client needs¸ prevailing market rates, fixing of terms as final price, payment schedule, time of completion etc, examination of all deeds of title related to the property to be purchased, clearance of previous encumbrances and loans, ascertaining (transfer fees, stamp duty and registration charges to be paid on purchase of the property), Ascertaining outgoings to be paid for the property i.e. property tax, water and electricity charges, society charges, maintenance charges, sanctioning of pre-approval letter from the lending institution in case of loan requirement by the purchaser. One shall check Approved plan of the building, building byelaws as applicable, NOC from water, electricity and lift authorities. Broker shall form a formal agreement or document for transfer of the property, signing by both the Vendor and Purchaser for its registration, with the help of legal experts. After payment of the entire sale price, purchaser shall take over legal possession of the property along with documents of title in original from the Vendor of the property. Purchaser shall get its name registered in the records of the society, all related authorities, municipal corporation, Index II etc. In case of sale and purchase of Rented Properties, one shall check these additional points too: Finalized Rent, rental escalation, lock ? in period, covenants of Registered Lease Agreement, NOC from the Lessee, profile of the Lessee and its past records, returns in terms of rents, service tax liability, business taxes liability, a pre-approval from the existing tenant, maintenance charge payment etc. Most importantly, actual rate of the property, if vacated, must be checked so that there is no major difference in sale price of their sale price. (Industrial, Warehousing & Logistics) Leasing : Attributes like area of function, type of manufacturing process, varieties of machinery used, waste disposal system, etc are given due attention. Related government policies, presiding rules & laws, nature of roads, pollution certificate, pillar less hall, structural stability certificate, flooring nature, floor height from the road, ceiling height, manager and staff room , power back up facility, gen set room, staff quarters, convenience facility, prevailing market rates, study of taxes like (CST, Sales Tax), accessibility from the highway, pertaining to the province, NOC from the existing authority, registration of Lease Deed, access to services e.g. (hospital, police station), sanitation and electrification.