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Shop The Rent Agreement Template Online With Documents and Benefits
A shop rent agreement is a pivotal document that outlines the terms and conditions between a landlord and a tenant for the rental of commercial property. It delineates the responsibilities of each party, ensuring a clear understanding and smooth commercial occupancy. This contract serves
Written by Priyanka Saha
Published on January 31, 2025
Municipal Tax on Commercial Property: Understanding and Management
Property taxes in India serve as a vital revenue source for the government at various levels, fuelling local infrastructure and services. Among these taxes, understanding Municipal tax on commercial property holds particular significance for property owners. Let’s dive into the intricacie
Written by Nivriti Saha
Published on January 31, 2025
Triple-Net Leases in India: How NNN Can Help You Maximise Profits
Landlords and tenants have various lease options to consider in the Indian commercial real estate market. While traditional gross leases place most operational costs on the landlord, triple-net leases (NNN) offer a unique structure with distinct advantages and disadvantages for both parti
Written by Prakhar Sushant
Published on January 31, 2025
GST on Commercial Property: Tax Rates, Rules and Exemptions in India 2025
Goods and Services Tax (GST) started in India on the 1st of July, 2017 to simplify indirect taxes. GST on commercial property applies to renting, leasing or buying under construction spaces. As per the new GST rate, commercial rent or lease attracts 18%, under construction sales are charg
Written by Priyanka Saha
Published on January 31, 2025
