How do I let out commercial property?

Tenant’s Business Activity If the tenant is carrying out an activity, lets says industrial activity, in your area where industrial business is outside the ambit of law for that locality then you may also be penalized along with the tenant. Understanding the requirement of the tenant is a must.

How do I rent my bank space?

Requirements to rent your property to bank atm or bank branches

1. The property size should be suitable to what bank demands.
2. The property should preferably in a commercial market or commercial mixed market.
3. Property should not be in a legal feud or no dues must be pending.

How is shop rent calculated?

But here’s the catch: fitout rents are not permanent and are payable only for a fixed period (generally five years). So if the base rentis Rs 50 per sq ft and fitout rent is Rs 30 per sq ft, the tenant will pay Rs 80 per sq ft (Rs 960 per sq ft per year).

How do I rent out a store ATM?

The shop/place should be closer to the main road. The property should be commercial and if it is not, one has to approach the municipal authorities for approval. Generally, 6KVA load is required for 1 machine installation. You have to get the connection accordingly for the number of ATMs you want to get installed.

How do I give my property for rent?

Giving Your Property On Rent? This Checklist Would Come Handy

1. Fix the rent. The first step towards renting your property is to fix a rent amount.
2. Rent agreement.
3. Marketing the property.
4. Hire a broker.
5. Details of furnishings.
6. Advance and rent increase.
7. Police verification.
8. No commercial usage.

How do I give my shop a rent?

Answer ( 1 )

1. You should own a commercial space with a minimum 25 square feet of lobby space or 50 square feet area.
2. Your shop should be located in a busy market area.
3. In order to rent your shops to the banks or NBFCs, you must submit an application with them.
4. In your application mention the following details: