April 17, 2018

Terms & Conditions

The Services

We undertake property management on exclusive right to deal with respect to –

  • Commercial and Residential Purchase and Sale and
  • Rental for Exclusive Offices, Residences, Sites, Factories, Godowns, Beach Houses, Residential Bungalows, Apartments, Service Apartments and Showrooms

Our Charges:

  •           Rental – 1 month of the rental value
  •           Sale – 2% of the sale value
  •           Purchase – 1% of the purchase value
Ps: ** Taxes as applicable

Apart from identifying the properties on the above terms, our rich experience helps us in conducting smooth and hassle free transactions for our clients including MNC’s.

We have represented a number of NRI’s and clients from out of the country and have a complete understanding of the requisite laws and procedures.

We also provide additional services (at a separate cost) connected to the sale and purchase of the property like –

  • Drafting Sale Agreement and Sale Deed
  • Getting the Property Tax Assessment
  • Water supply sewage connection transferred in the name of the Purchaser
  • Patta transfers in the name of the Purchaser
  • Maintenance and Redevelopment of properties

The Market

Chennai has witnessed rapid industrial growth over the years, with major global players in the manufacturing industry venturing into the region and big construction projects by national players and rapid infrastructure development in the pipeline. Investors with global exposure and evolved tastes who are looking to make an investment based on fundamental strengths can find a range of options in the area to suit any requirement.

While there are concerns raised today – due to unsold inventory and a lower rate of appreciation compared to previous periods of high growth – with a good representative, these factors can be converted to solid opportunities in terms of a better negotiating position.

Please find attached the details of some properties that might be of interest to you.

Key strengths of our group

  • Transparency and Efficiency: Have managed over 300 transactions without any dispute. We guarantee effective timelines, confidentiality, regular monitoring and prompt action on any issues.

Our firm is registered with the service tax authority & we strictly abide by all the applicable laws.

  • Infrastructure and Market presence: Our area of operation is within the state of Tamil Nadu. We are currently based in Chennai 1000 SQ.FT with a satellite office in Coimbatore.

Fifth Estate is a member of the Chennai Real Estate Agents Association (CREEA) which is affiliated with the National Association of Realtors (NAR).

  • Personnel: Our staff is trained, experienced, efficient & transparent. Customer care operatives have always been friendly yet firm. Our sales force is efficient in communication, with active presence in the market and representation in trade exhibitions.

We request you to let us know if you would be interested in utilizing our services and registering our firm as your realtor.

Why Choose Fifth Estate :

Benefits to an OWNER

  • Manage and Maintain your property with or without rentals
  • Periodic property inspections
  • Liaise for payments to corporation, association and other local authorities
  • Tenancy to meet your specific tenant requirements
  • Tenant information shared to get approval
  • Rent & Security deposit received directly from Tenant
  • High tenant retention ensuring minimum vacancy
  • Expertise and Knowledge of local laws and market
  • You are hiring a team of professionals to manage your property

Benefits to a TENANT

  • No charges for property viewing !!
  • FREE documentation !!
  • Ready to move in homes
  • Rent Agreement signed with Owner
  • Security Deposit payment to Owner directly
  • Rent Payment to Owner directly
  • Reliable and Efficient service 7 days a week
  • Hassle free stay, renewal and termination of rent agreement
  • In case of any further clarification please feel free to write or call us.

In case of any further clarification please feel free to write or call us.