The Properties & Real Estate Zone

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Weekly E-Magazine | 2nd Week, September 2019

Publication of

Umar z ne

DIPESH PATEL FOUNDER @

VOKS ASSOCIATES www.voks.in

EASE OF COMMERCIAL DEAL WITH VOKS Interview on Page 6 & 7

PROPERTY GLIMPS

Page 14

UPCOMING EXHIBITIONS

Page 20

News & Updates of Real Estate Industry With Latest Properties

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ASSOCIATES

Types of Commercial Lease in India

DIPESH PATEL Founder @ Voks Associates

VOKS Associates provides perfect advice on commercial, industrial , special purpose . Our objective is simple. We work through the many property investment options available to help clients build a safe profitable portfolio and create wealth through quality investment grade property.

Dipesh Patel Owner of VOKS Associates will provide the professional and courteous service you deserve during this complex transaction. Timely preparation of title documents. Award-winning customer service. Competitive pricing.You have to just call us.

Voks Associates is one of the most respected names in Indian Real Estate market. Our company’s phenomenal growth within two decades of existence can be attributed to our steadfast resolve to create ‘Real’ value for our clients.

For Any Enquiry Call Now

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www.voks.in OR Send Email To dipeshvoks@gmail.com OR Visit Website

Kinds of Commercial Lease in India We know that a Commercial Lease is a kind of contract, which is used when we need to rent a business property to or from another individual or company. The lease gives the tenants the right to use the property for business purposes during the term of the lease in exchange for payment to the owner of the property.

A commercial lease, generally, covers the property owner and tenant’s information, which includes the information about a guarantor, the amount of rent payable, the duration of the lease term and any pertinent information, which constitutes together as a term of the lease.

LIABILITIES OF COMPANY DIRECTORS The longer version of this contract is always inclusive and allows precise specifications to be provided for the terms of the lease. The short version has a more general kind of lease agreement and it does not include any clauses or terms that are unnecessary.

Unlike a residential lease, a commercial lease tends to cost the tenant many times more than a residential lease and is made for a duration that is longer, which often-lasts around 5 years but it can be of a lesser duration or a greater durations against an average of 11months duration in case of residential lease in normal circumstances.

In India, the prevalent commercial leases are usually term based and they would be having a specific time limit after which the lease would be unenforceable i.e. it will expire.

In the olden times, some leases used to be perpetual by nature but it has become a rare practice now as the property value and rents are steadily increasing. Nevertheless, there are other categories of lease apart from the general straight forward leases i.e. master lease/sublease, here the lease gets a further right to lease the property to more persons.

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MASTER LEASE: In this kind of lease, the original

leaseholder or the tenant is the master tenant in case a sublease is created.

SUBLEASE: In this case, the original tenant can as-

sign some or all of his interests in the premises to the third party. Here the original tenant becomes the master tenant and the new tenant becomes the subtenant. The point to be noted here is that the original is not replaced but is responsible for rent and damages for the term of the lease. The only way out for that person is through novation of the original lease agreement with the landlord’s consent.

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INDUSTRIAL GROSS LEASE: As per this cat-

egory, the tenant is also responsible for paying for their share of utilities and janitorial services along with the basic rent of the premises.

FULL-SERVICE LEASE: In this kind of lease,

all the services, including utilities and janitorial services, are included in the rent.

INDEX LEASE: Here, the amount of rate of rent is

dependent on the price index like the consumer price index (CPI). This is a type of neutral percentage rate and neither party has any control over it.

Globally, different types of leases are prevalent, with various nomenclature. Slowly these types of leases are making their mark in India as well with regard to specialized kind of transactions. These types of leases can be listed as under:

PERCENTAGE LEASE: This type of lease is de-

NET LEASE: In this type of lease, the tenant is re-

ies for future years depending on certain factors like gross income, or an annual percentage increase.

sponsible for paying the rent along with property taxes accruing for the premises.

DOUBLE NET LEASE(NN): Here, the tenant has to

pay the rent along with the property taxes and the insurance costs applicable on the premises.

TRIPLE NET LEASE(NNN): In this type of lease,

the burden on the tenant is increased considerably as they have to now pay the rent amount along with their share of property taxes, insurance premium and the operating cost of the premise.

GROSS LEASE: In case of this type of lease, the

tenant has to pay to the landlord one set of rent and in turn, the landlord will pay for the insurance, real estate taxes and bear the maintenance costs.

MODIFIED GROSS LEASE: This type of lease is more or less similar to the gross lease conditions but here the tenant has the responsibility to pay for the janitorial services provided in and around the premises.

pendent on the percentage of the gross sales received by the business. It varies from year to year based on the success of the business.

GRADUATE LEASE: Here, the amount of rent var-

STEP UP LEASE: In this type of lease, the amount of

rent is increased by a pre-set rate or a set amount that is to be paid on a set schedule.

STRAIGHT OR FLAT LEAST: This is the basic type of

lease that is commonly used among the listed leases above. Here the amount of the rent is fixed for the whole term of the lease.

Article Author: Dipesh Patel, Founder @ Voks Associates

For Any Enquiry Call Now

+91-9769070206

OR Visit Website www.voks.in OR Send Email To dipeshvoks@gmail.com

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PROPERTY GLIMPS 1 BHK AT BANDRA WEST FOR RENT

Ground Floor, Area 380 Sqft. Carpet , 2 Bathroom, Ground Floor, Unfurnished, can also be used for commercial purpose. Note: Commercial NOC charges will be required extra near by market, bus depot, railway station, hospital 40 K, deposit 2.5 K.

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ROOM AVAILABLE IN 2BHK FLAT FOR GUY FOR 3 MONTHS IN KOPARKHARAINE

Single occupancy room available for a guy in a 2BHK flat in an awesome society with swimming pool, gym, huge garden, football ground, game room.. all without any extra charge available for 3 months. Immediate possession available. Flat has all ammenites.

Location - FAM Society, Sector 11, Koparkharaine.

Mobile: 8588811497

COLLECTOR APPROVED NA OPEN BUNGLOW 106 ACRE FOR SALE AT SHIROL, SHAHAPUR

Contact: Mr. Faisal Merchant Mobile: 9930920840

Thane collector approved NA open bungalow 106 acer maga township

15000 SQFT. OPEN PLOT IN DAHISAR FOR SALE

15000 Sqft. R Zone ( 7000 Sqft. School Reserved) Open Plot Available in Dahisar for Sale @ 27 Cr. (Brokerage

Contact: Mr. Satish Kedar Mobile: 9867666490

Applicable)

2BHK SALE JUHU VERSOVA LINK ROAD

Distress Sale!!!!!!!!!!!!! Built Up Area :- 750 Sqft. Old Maintained Building With Lift Well Done Up Flat. Open Car Park Price: 1.75Cr.

Contact: Amar Jeet Mobile: 9720744486 Whatsapp: 7021945801 1BHK AT PALGHAR FOR SALE

Situated in the lush greenery of palghar, far away from the chaos of city, a worth location for second home, is available for sale. 1 BHK, 412 carpet area, 589 built up with 2 balconies. 4 floors building with lift,

project. Plot area 1000 Sq.ft total cost of 4 lac plot available on EMI basic monthly 5000 for 36 month. More details contact - Tanv

Mobile: 9867026806

FURNISHED 2 BHK FOR RENT IN SINDHI SOCIETY CHEMBUR EAST

Furnished 2 BHK for rent in residential tower Rent - 52 K... furnished with cupboards, AC, Bed, Sofa, Chair, Dining, Modular Kitchen, Gas..

24hrs water supply, kids playing area, big garden. Location Devkhop, Manor, Palghar east Price 22lakh (negotiable), No brokerage Loan available For more info call on

Mobile: 9833100417

NEED FLATMATES IN LOKHANDWALA, ANDHERI

Ad is in behalf of my friend. 20k for entire room... one month deposit is required. Can shift from 10th september. Have all basic amenities.

Rooms are air conditioned. It’s a rich and clean 2bhk flat in posh location of Lokhandwala.... Close proximity to market, metro station. Rest of the details can be discussed on the call.

Contact: Mr. Raj Mobile: 99304435505

etc. Available on higher floor, Prime location. Live the grand life.

Contact: Mr.Sachin More Mobile: 9022666554 Whatsapp: 9867154949

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62 GUNTHA PLOT FOR SALE CHEAP RATE

Can be used for School, College, Studio, Bungalow, Row Houses, Aashram, Industry/company, Service Center, Godown many more...

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NEW 1BHK PROJECT IN BADLAPUR

*GANPATI Offere* Stamp Duty & Registration free of cost, Brokerage free property, 90% All bank loan is available here, 10% down payment

Mobile: 9819325607

2 BHK FOR SALE AT OSHIWARA MHADA

Located Near Oshiwara Police Station, 2Bhk 860 Sqft Builtup East West Entry Exit, Open Car Parking, Clear Title, Price 2 Cr Brokrage Applicable.

Contact: Amar Jeet Mobile: 9720744486 6 MALE FLATMATE WANTED AT COLABA BEHIND TAJ HOTEL

6 male flatmate required at Colaba in 2 BHK fully furnished flat rent is 15 k deposit 50 k brokerage is 15 k each photos available on request.

Mobile: 9820492732

SALE PRICE REDUCED 2BHK 3.10 CR AT BANDRA

700 crpt 900 sqft. builtup, 2nd floor with lift and security Gr+7 structure, newly painted bldg., 25yrs. old bldg., at Waroda Road

only. GST free property. RERA APPROVED project. For more details & More choice you call me

Contact: Gauri Patil Mobile: 9021074501

1BHK ON RENT AT ANDHERI EAST STATION Bandra West, maintainance Rs.6500 per month, dream housing.

Contact: Javed Jairaj Mobile: 9930406736

WANT TO SALE MY 1 BHK FLAT AT GOREGAON

Sale immediatel, Goregaon East, Flat No. 204, REAR Carpet : 440 sqft.

#30Kto40k Range #Fully Furnished, Semi, Empty Flat Also There #Maintain Towers With Lift As Per Budget #Parking Also There #24Hr Water Supply #Family,Bachlors Welcome *Brokerage Apply 1Month Rent For more information call me.

Contact: Chiragdutt Sharma Mobile: 9892696089 RESIDENTIAL APARTMENT AT BANDRA

Residential Apartment, converted 1 1/2 BHK Semi furnished for Outright sale 1 Bedroom , 2 bathrooms, 1 hall, 1 kitchen with dining area - 2 Airconditioner, geyser, electric chimney hob, water filter and wardrobes furniture etc. Also has a lovely sit out area over looking a beautiful garden space of 500 sqft - Flat is located at Sherly Rajan Road Bandra West Mumbai Maharashtra India. - Flat area is 550 sqft built up on paper with O C, Clear title. - Parking (for 2 wheelers provided inside the building) and other vehicles outside the building - Building has 24*7 Security guards service and is under*CCTV surveillance* - Cosmopolitan ( animal friendly society) - Sale price expected Price : 85 Lac + Government Taxes

Contact: Mr. Vipul Jain Mobile: 9320222786

: 2.75 crores. Negotiable

Contact: Faisal Merchant Mobile: 99309 20840

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2 BHK FLLY-FURNISHED FOR RENT IN KHAR WEST Close to MTNL, all welcome available for bachelors/ families.

Rent: 70k. Please call for inspection.

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1 BED 2 BATHROOMS FLAT FOR RENT, KANDIVALI

Available Furnished Flat on Rent in Lokhadwala, Kandivali, East For

DOUBLE OCCUPANCY MASTER BEDROOM AVAILABLE ON RENT IN KALINA FOR GILRS

Fully-furnished. Gym, New tower. Prime location. Immediate possession. Rent: 19k

Mobile: 8850189046 URGENTLY REQUIRED 1RK OR 1BHK UNFURNISHED ON RENT FOR FAMILY IN KOPAR KHAIRNE FAM SOCIETY ONLY

Located Near Oshiwara Police Station, 2Bhk 860 Sqft Builtup East West Entry Exit, Open Car Parking, Clear Title, Price 2 Cr Brokrage Applicable.

Contact: Mr. Varun Mobile: 7506430082

more inquiries call us.

Contact: Sky Reality Mobile: 9867000931 1BHK BRAND NEW FLAT AVAILABLE FOR SALE IN MIRA ROAD IN 52 LACS PACKAGE This is Spacious 1BHK New constructed flat for sale at Mira Road

ROW HOUSE FOR SALE IN ANDHERI WEST 4 BUNGLOW

MHADA Allotted Row Hosue For Sale. Four Bunglow Mhada Andheri west. 40 sqft MTR. 400 sqft Ground floor 400 sqft 1st floor Transfer-

able from MHADA. Road Facing. Good for Office cum residence. Shop Cut residence. Good Investment as Redevelopment chances soon. Call for inspection. BROKRAGE Application

Contact: Mr. Amar Jeet Mobile: 9820744486 Whatsapp: 7021945801 2 BHK FOR SALE IN KOPARKHAIRANE With a Nice Tower with all ammenities @ 1.75 Cr.

Contact: Mr. Jasmin Shah Mobile: 9821354901

Samruddhi Society, Price : 52 Lacs inclusive all. Carpet : 450 Sqft Total floors : 22 For more details please contact us

Contact: Sonam Enterprises Mobile: 7977639269

1 BHK FOR SALE AT RAM MANDIR

Building - Sangvhi Builders, Carpet area - 430 sq.ft. Floor - 3rd, Maintenance - 800 Parking - yes, Location - Ram Mandir, Near Station (West)

Contact: Shivam Real State - Mr. Satyam Soni Mobile: 9167154771

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AN INTERVIEW WITH DIPESH PATEL

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Dipesh Patel: Support from local bodies and govt . But Rera has been new hope for industry.

TradeZippy.Com: How has the real estate business changed over the years and what do you feel a realtor in 2019 will be like?

Dipesh Patel: Unmannered business is now becoming crystal clear and transparent also technology is giving it speed . 2019 as realtor i feel it will be more competitive year and voks Associates loves competition.

TradeZippy.Com: Are you planning to write any book in future on real estate sector?

Dipesh Patel: Not yet decided . Good suggestion will think over it.

TradeZippy.Com: Can u please give an introduction of you and your company?

TradeZippy.Com: One way you think realtors could be better organised?

Dipesh Patel: Hi I am BSCI Graduate and I had started Voks Associates in 2013 as Real Estate Company .

TradeZippy.com: How did you get in to the real estate consultancy business?

Dipesh Patel: Before starting voks i was working for sykes and ray equities as branch manager and i had hunt n closed deal for my company and it was 4 to 5 branches then it gave me future path as my friends were in this industry but it was all unmannered so i came in this industry from that till today going great northward.

TradeZippy.com: How would you say your academic background has helped you in the business?

Dipesh Patel: Yes team work and organized approach is the best way .

TradeZippy.Com: Do you use any tools or applications to organize your list of properties?

Dipesh Patel: Yes TradeZippy.Com: Can you describe the most challenging issues you faced and what you did to overcome the same?

Dipesh Patel: Every deal have different challenges and different issues so handle it with differently and never get down with unsuccess because it is leason for next deal.

Dipesh Patel: Yes what i had learned i had used in my professional life and still today i am on learning mode TradeZippy.Com: What all activities did you take part in during your time at school & college?

TradeZippy.Com: A young couple is looking to buy an apartment.

What kind of houses would you suggest to them? How would your approach be different from other cases?

Dipesh Patel: First i will understand there requirements for there drea. Home and then will suggest them with pics and details.

Dipesh Patel: I was sport person and also was part of ncc and ncs .

TradeZippy.Com: What are the top 3 challenges one faces in the real estate business?

Dipesh Patel: 1. Unmannered and discipline 2. Lack of real estate knowledge 3. Corporate model n understanding requirements of clients. I had worked on this which help me lots.

TradeZippy.Com: What are the biggest challenges faced by Real Estate Consultant and Property Developers?

TradeZippy.Com: How is the demand in real estate segment? What are the growth drivers for real estate segment?

Properties Available With Voks Associates Enquiry +91-9769070206 or visit www.voks.in

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OMKAR SUMMIT WEH METRO STATION ANDHERI EAST 3000 SQFT FULLY FURNISHED OFFICE SPACE FOR LEASE OR SALE

NESCO IT PARK OFFICE SPACE AVAILABLE FROM BKC BANDRA KURLA COMPLEX STANDALONE 10000 SQFT TO 5LAC SQFT FOR LEASE OR RENT BUILDING, OFFICE SPACE FROM 500 SQFT TO 10 LAC SQFT DIRECT LISTING

BOSTON HOUSE 8000 SQFT OFFICE FULLY FURNISHED AT 120RS PER SQFT FOR LEASE OR RENT TIME SQAURE MAROL ANDHERI EAST OFFICE SPACE ON RENT 10000 SQFT

Properties Available With Voks Associates Enquiry +91-9769070206 or visit www.voks.in

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11000 SQFT OFFICE SPACE NEAR D-MART DAHISAR WEST FOR LEASE OR RENT

KANAKIA WALL STREET OFFICE SPACE AVAILABLE HUB TOWN SOLARIS OFFICE SPACE ON RENT 10000 WITH FITOUT FROM 1000 SQFT TO 25000 SQFT SQFT FULLY FURNISHED OFFICE ANDHERI EAST

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Aahilya

Properties Finding the right commercial place is just one piece of your real estate search. Ensuring you know as much as possible about where you’re planning to move can help you make smarter decisions about the area you choose to move into. Aahilya Property is the place to begin your search for real estate, whether you are looking to buy or sell your commercial property.

Whether you’re a first time buyer, thinking of moving up, or you’re an experienced investor, Aahilya Property has the experience and resources to help you buy or sell your next business place. Dedication, knowledge of the area and personalized service combine to make us an outstanding resource for all your real estate needs. We work extensively to help Buyers and Sellers meet their real estate goals.

UDAYRAJ CHAVAN Founder @ Aahilya Properties

The founding member udayraj chavan is a real estate consultant, with two decades of entrepreneurial experience. A notable real estate thought leader with a remarkable portfolio of building brands through business strategic inputs, project planning, feasibility study, operation & finance, funding expertise, marketing insights and an exemplary leadership quality.

Udayraj chavan is a master of marketing and management.

Udayraj chavan strategic proficiency goes much deeper than merely fanciful powerpoint presentations; what he believes to bring on the table is an end-to-end solution to make a brand meet its marketing and communication objectives. His in-depth understanding of the real estate markets with the ability to strategies & implements marketing solutions is a result of his 20+ years in real estate space with large corporate houses. Udayraj chavan started his career as real estate consultant where he contributed to make successful business deals.

For Any Enquiry Call Now OR Visit

+91-9867178101 / 9769678101 www.aahilyaproperty.com

We take immense pleasure in introducing our Real Estate Consultancy firm, operating from Andheri (East) engaged mainly in COMMERCIAL PROPERTIES. Our Database comprises of more than 1000 plus furnished / unfurnished premises located all over Mumbai. We assure you that we will be a position to cater to all your real estate requirements with a professional approach.

Aahilya Property spear headed by Mr. Udayraj Chavan and Mr. Sanjay Chavan We have been meeting real estate requirements of many prestigious clients for the last 14 years.

Aahilya Property is a professionally managed firm of marketing activities like rent / accommodation etc.

We specialize in doing marketing for renting and leasing industry. We have done it for many reputed brands across India.ahilya Property is an organized real estate consultant company catering to the demands of MNC’s and retail sector for providing services for property on rent / lease. We are one of the leading property rent and leasing consultants catering all over the world and are capable of locating the best sites for MNC’s and retail sector etc.

Aahilya Property pride itself on providing exceptionally professional and personalized services to corporate and individual clients requiring. Our motto is drawing upon that influence to identify best in class providers and negotiate unique and tailored solutions for our clients.

The number of commercial place buyers using the Internet to research information on properties is growing each day. Reports state that approximately 80% do their initial land search on the web. The Internet now outpaces classified advertising for attracting buyers to properties.

Our website provides useful information on the Buying and Selling process and is intended to be easy to use and consumer friendly. The site makes it convenient for you to preview available properties and narrow your search before feeling pressured to contact us. Of course, when you are ready to discuss your real estate needs and goals, or if you have any questions, we’re always available to help.

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COMMERCIAL OFFICE SPACE 3000 SQFT FOR RENT RS.3,00,000 IN OMKAR THE SUMMIT, CHAKALA ANDHERI EAST COMMERCIAL OFFICE SPACE FOR RENT RS.1,20,250 IN CITI POINT, JB NAGAR, ANDHERI EAST

COMMERCIAL OFFICE SPACE FOR RENT RS.5,62,500 IN LOTUS CORPORATE PARK, GOREGAON EAST, JOGESHWARI EAST

COMMERCIAL OFFICE SPACE FOR RENT RS.60,000 IN JAISINGH BUSINESS CENTRE SAHAR ROAD ANDHERI EAST

UDAYRAJ CHAVAN COMMERCIAL OFFICE SPACE FOR RS.2,40,825 IN PINNACLE BUSINESS MAHAKALI ROAD,ANDHERI EAST

LEASE PARK,

Founder @ Aahilya Properties

Andheri West, Mumbai, India

+91-9867178101 / 9769678101

info@aahilyaproperty.com www.aahilyaproperty.com facebook.com/aahilyaproperties

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Commercial Office/Space for Lease/Rent at Rs.5,75,900 in Hiranandani Gardens Powai This is a good commercial building with fully furnished office. Work stations, Cabins and Car Parking available.

Fully Furnished Commercial Office Space On Lease at Rs.5,00,000 in Bandra Kurla Complex This commercial office space is a fully-furnished property with well-designed interiors. The tenants will have dedicated reception area, boss’s cabin, meeting rooms, work stations, pantry space and dedicated washrooms.

UDAYRAJ CHAVAN

Founder @ Aahilya Properties

Andheri West, Mumbai, India

+91-9867178101 / 9769678101

info@aahilyaproperty.com www.aahilyaproperty.com facebook.com/aahilyaproperties

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