Sales

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Where should legal review of terms happen?

The legal review of terms in a property transaction is a crucial step that ensures all deal clauses are lawful, enforceable, and aligned with the interests of both buyer and seller. This review must take place in a controlled, neutral, and confidential setting, ideally handled by professionals familiar with real estate law, registration rules, and regional compliance. 1. At a Qualified Legal Office or...

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When is advance payment due?

Advance payment in a property transaction refers to the initial portion of the total sale consideration paid by the buyer to the seller, usually as a commitment to proceed with the deal. Its timing is typically linked to the execution of key agreements and initiation of due diligence or legal processing, depending on the type and scale of the transaction. 1. At the Time of Agreement to Sell In...

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Who should prepare the final sale agreement?

The final sale agreement is a legally binding document that defines the terms, conditions, obligations, and rights of both the buyer and seller in a property transaction. Its drafting requires precision, legal validity, and risk mitigation, making the involvement of qualified professionals essential. 1. Real Estate or Property Lawyer A registered advocate or legal consultant specializing in...

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What payment terms are standard in commercial land sales?

Payment terms in commercial land sales define the schedule, mode, and conditions under which the buyer pays the seller. These terms are designed to ensure security, legal compliance, and transaction transparency while addressing the interests of both parties. Though negotiable, certain patterns are widely accepted as industry standards across commercial real estate deals. 1. Initial Token or Booking...

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 Why do some deals fall through at final stage?

Property and land deals can collapse at the final stage despite months of discussion, due diligence, and negotiation. These breakdowns usually occur just before signing the agreement or registration, and are often triggered by last-minute revelations, unmet conditions, trust issues, or documentation delays. Understanding these causes helps stakeholders minimize risks and structure deals more...

What are fair negotiation margins in this market?

Fair negotiation margins refer to the reasonable room between the quoted price and the final transacted price in a property deal, particularly in commercial and retail real estate markets. These margins reflect current market sentiment, demand-supply balance, asset location, urgency of sale, and valuation clarity, and are essential to establish trust, transparency, and transactional closure. 1. Typical...

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 How does footfall potential impact saleability?

Footfall potential, which refers to the expected number of people passing through or near a commercial location, plays a critical role in determining the saleability, valuation, and investment appeal of commercial land and retail-oriented real estate. It acts as a key performance indicator (KPI) for businesses dependent on direct consumer engagement, such as retail stores, food outlets, service centers,...

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Why do fuel stations require special permissions?

Fuel stations involve the storage, handling, and dispensing of highly flammable substances, making them subject to strict regulatory oversight. Special permissions are necessary to ensure that fuel stations meet safety standards, environmental regulations, land-use norms, and operational compliance set by various government departments. 1. Handling of Hazardous and Inflammable Substances Fuel...

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What is the ideal land size for a standalone store?

The ideal land size for a standalone store depends on the nature of the retail business, brand format, customer volume, and location type (urban, suburban, or highway). It must accommodate not only the built-up retail space but also essential facilities such as parking, signage frontage, storage, utilities, and customer movement. 1. Basic Format Stores (General Retail, Apparel, Electronics) Ideal...

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How does visibility affect QSR land sales?

Visibility plays a crucial role in the sale, valuation, and desirability of land intended for Quick Service Restaurant (QSR) developments. For brands that rely heavily on spontaneous footfalls, drive-in traffic, and brand recall, a highly visible plot becomes a key determinant in decision-making for both leasing and purchase. 1. Brand Exposure and Roadside Recognition High-visibility land ensures...

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