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ACCOMMODATION
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CHENNAI.....Good investment opportunities in all the segment of the city. Commercial rentals is on fast trek. Residential segment also having very good demand from rural areas. Outskirts of the city is now more costly then CBD residential areas.   AHMEDABAD..... ..... Huge NRI funds were recently invested in residential segment of the city. Commercial too is feeling the heat. Residential rates are marginally up by 20% since last quarter. The trend is likely to continue.   BANGALORE...... ...IT and ITES are again in the buying spree. Residential complexes are getting good demand. NRIs investments are up again. Service apartment concept is catching up in the city. Commercial lease rentals are rising.   PUNE.... ... Pune is poised as IT centre by the developers. In fact many leading IT brands are in the city. It has enhanced the residential rates. Outskirts like Viman Nagar, Pimpari and Chinchwad also now having great demand. Good time ahead.   DELHI .... ...The market is slow for residential units. Noida and Gurgaon also have touched historic level. New zones are in the competition. Faridabad and Merut along with Rohtak are busy catering for demand in Delhi and NCR    MUMBAI.. ..... ..Realty Fund and investors of large real estate holdings are still maintaining the price level. Developing zones are feeling heat. Small pocket developers are also panic in the market. Residential prices stagnated as of now.

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Real estate Agents fees

when renting out residential property


 

Andorra                                                                                 1months’s rent

Argentina                                                                               10% of total amount of rent (O/L : 50/50)

Australia                                                                                 3 months’ rent (T)

Belgium                                                                                 10% of annual rent (O)

Canada                                                                                 2 months’ rent (negotiable)

Colombia                                                                              1 month’s rent (O)

Denmark                                                                              8% of first year’s rent (O)

Finland                                                                                 1 months’ rent (O)

France                                                                                  10% of rent exclusive of maintenance charges for the                                                                                         period   of the lease (O/T : 50/50)


Greece                                                                                 4% of annual rent (O/T : 50/50)

India                                                                                     2 months’ rent (T)

Indonesia                                                                             5% of rent for the period of the lease (O)

Ireland                                                                                     10% of annual rent (O)

Israel                                                                                 10% of annual rent (O/T : 50/50)

Italy                                                                                     155 of annual rent (0: 10% and T : 5%)

Japan                                                                                     1 months’ rent (T)

Luxembourg                                                                         1 months’ rent + 12 % VAT (T)

Mexico                                                                                 10% of annual rent (O/T : 50/50)

Netherlands                                                                         6% of annual rent + 20% VAT (O) or payable by the tenant if he use an agency

Nigeria                                                                                     5% of annual rent (O)

Norway                                                                                 0.5% to 3% of annual rent (T)

Pakistan                                                                                 2 months’ rent (O/T : 50/50)

Singapore                                                                             1 month’s rent for a 2 year lease (O)

Spain                                                                                     2 months’ rent (O/T : 50/50)

Sweden                                                                                10% of annual rent for the first year

Switzerland                                                                         7% to 10% of annual rent

Taiwan, R.O.C.                                                                     1 months’ rent

U.S.A. Generally                                                                     6% of annual rent (O)

W. Germany                                                                         2 months’ rent (T)


 

(O) = Owner (T) = Tenant