Q : What is the meaning of Leasehold and Freehold properties?
A : Leasehold properties: A property (plot/ built up) in which perpetual leasehold have been granted by the title paramount in favour of the lessee. The title paramount i.e. president of India in these kinds of properties acts through DDA, L & DO. Leasehold properties are not freely transferable. depending upon the covenants pf. the lease deed prior permission of the lessor (DDA/LDO) is required to transfer the property. One is required to pay charges such as 50 & of the unearned increase and conveyance.

A form of property interest in which the holder of the interest has the right to use or occupy, but not to sell or transfer the property. The holder of a Leasehold property has the right to build on and to occupy land for a specified lease term.

Freehold properties: Property in which ownership is for an indeterminate length of time. In free-hold property the title paramount has conveyed the property in favour of the purchaser by conveyance/ sale deed with no restriction on the right of the holder of the property to further transfer the property. Record of ownership of the freehold property can be ascertained from the office of the sub-registrar. It can be transferred by registration of sale deed. Freehold estates include freehold in deed, a fee simple estate; freehold in law, an inheritable estate; and determinable freeholds, a life estate.

Q : What is 'Maintenance Charge' in renting of a building for a commercial purpose?
A : Maintenance charge is that amount of paid to the society to which the property belongs to, towards the maintenance of the property which includes the running cost of AC & D.G. Sets, Security, Landscaping, etc.

Q : How and after what duration escalation in rent possible?
A : As per the market norms, escalation in rent depends upon the mutual consent of both the parties (the leaser & the lessee). Normally it is 15 to 20% increase after every 3 years or as per the contract between the parties involved.

Q : What are the benefits of getting a leasehold property converted to a freehold property?
A : There are a number of advantages in holding a free-hold property in comparison to that of a leased property. Some such benefits are :

Q : What is the minimum period to rent a residential property and commercial property?
A : The minimum time period to rent a residential property is 12 months and commercial property is 18 months.

Q : How much space in minimum is required to set up a 200 seater international BPO center in NCR?
A : The minimum space require to establish a 200 seater International Call center is 15,000 Sq.ft to 17,000 Sq.ft.

Q : What important aspects one should keep in mind before purchasing of a property which is registered on the name of a company?
A : While purchasing any property, we should verify from the Registrar of Companies that the property is not mortgaged or otherwise collateral security against any loan etc.

Q : What is Jain Oncor?
A : Jain Oncor is a corporation, which guides its clientèle to make opportunity-driven real estate decisions in different markets and cultural environments. The company consists of 50+ progressive, independent commercial real estate companies in markets worldwide. The talents and resources of the company are directed to serve the specific requirements of clients with varied objectives.

Q : How does Jain Oncor work?
A : Jain Oncor constitutes of industry experts & specialists, who work with clients on specific out-of-market real estate requirements. Every project has a project manager who, at the request of the client, directs and participates in every level of the project execution. Jain Oncor carefully selects the on-site specialists from top-notch firms to avail the best service and ensures convenience of its valued customers.

Q : How does Jain Oncor protects service quality?
A : We - Jain Oncor, are a customer driven knowledge rich company. Like every other company we also need to biult the confidence of our clients, understanding every projects conformation with client objectives & business plan. We persistently identify and evaluate all available options and implement the best market-driven solution. Clients assurance is insured in each of the assignment processes. To protect the valued relationship with clients, we have developed a team-building process that matches needs with resources and ensures harmony and success. It recognizes that people and personalities must also be matched.

Q : What distinguishes Jain Oncor from other services providers?
A : As one of the leading real-estate consultation & service providers, we ensure to deliver quality services to our client's on time and also at industry leading price points. Furthermore, certain attributes that distinguish us from our competitors are as follows: