The rules, the details, the jargon, the legal work pertaining to leasing an income -generating real estate assets in India can appear daunting to the uninitiated. As a first step, every Landlord should answer the below questions before leasing a place.
- Was I fully aware of the market conditions when I signed my lease?
- Did I make a wise choice of tenant in terms of profile and the assert class?
- What is the negotiation checklist used during negotiation and did I really get what I wanted in the lease negotiation?
- Have I made best use of the space I have leased or intend to lease in terms of probable development potential?
- Have I got a better deal as a Landlord in comparison to the nearby building of same specification or at the least have I saved myself from getting forced on a lower rent than the market rate?
- Can I put my rental income to service a loan that I have taken ,if so what is the feasibility?
- What is the growth potential of the location where my building is situated?
- Are renewal terms and exit strategy without ambiguity and pitfalls?
Never Lease a place without having answers for all the above questions.
In Lease Info, we believe it is simply a case of access to refined actionable market intelligence that will empower to make well-informed real estate decision.
In real estate, what you don’t know can cost a fortune. Take Control.
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