Terms and Conditions
Welcome to Savla Real Estate!
These terms and conditions outline the rules and regulations for the use of Savla Real Estate’s Website, located at https://savlarealestate.com.
By accessing this website we assume you accept these terms and conditions. Do not continue to use Savla Real Estate if you do not agree to take all of the terms and conditions stated on this page.
The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and all Agreements: “Client”, “You” and “Your” refers to you, the person log on this website and compliant to the Company’s terms and conditions. “The Company”, “Ourselves”, “We”, “Our” and “Us”, refers to our Company. “Party”, “Parties”, or “Us”, refers to both the Client and ourselves. All terms refer to the offer, acceptance, and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner for the express purpose of meeting the Client’s needs in respect of the provision of the Company’s stated services, in accordance with and subject to, prevailing law of Netherlands. Any use of the above terminology or other words in the singular, plural, capitalization, and/or he/she or they, are taken as interchangeable and therefore as referring to same.
Brokerage
Commission Terms & Conditions
I. SALE / PURCHASE
Where there is any immovable property that is transferred through sale or exchange or by transfer of shares in a Co-operative Society or Company or any other Association of Persons or through any other agreement or arrangement, including Transfer of Development Rights (TDR), FSI, or Long Term Transfer of Development Rights, commission at the following rates on the total consideration amount (inclusive of the loan amount) and /or deferred payments, if any, shall be paid to Deepak Ravilal Savla as under:
(a) Where we act on behalf of both the Buyer and the Seller, commission at the rate of 2 % shall be paid to us by each party.
(b) Where we act only for the buyer or the seller, commission @ 2% shall be paid by the party for whom the member acts.
Any transaction that includes that of immovable property covers all transactions under the definition given in Section 269 U, Chapter XX-C of the Income Tax-Act, 1961, and also under the Transfer of Property Act, 1882.
Note: In the event, a company is taken over, with the express or implied intention of acquiring the immovable property of the company, then 2% of the market value of the property will have to be paid by the Vendor and the Purchaser to the Deepak Ravila Savla as commission.
Terms of Payment
- 25% of the commission shall be payable to us at the time of payment of earnest money or token amount whether simultaneously accompanied by the execution of an Agreement or Deed of Transfer or not, by way of non-refundable service charges and out of pocket expenses.
- 75% of the commission shall be payable to us on receipt of allotment letter or on the signing of the agreement or on possession or on receipt of full payment whichever is earlier.
II. GOODWILL
Commission @ 5% on the total consideration of the property, shall be due and payable to the member by both the Purchaser and the Seller on the Purchaser price/sale price of any premises, where goodwill and/or consideration is payable.
III. (A) LEASE / LEAVE & LICENSE / BUSINESS CENTRE
In the case of Lease / Leave and License / Business Centre Agreement, commission @ 2 months rent and 2% of the deposit amount, becomes due & payable, both by the Lessor / Licensor / Business Centre owner AND by the Lessee / Licensee / Occupier of the Business Centre; to the broker concerned. The above commission is payable irrespective of the period of Lease / Leave and Licensee / Business Centre agreement.
On renewal of Lease / Leave and License / Business Centre, 1 month’s rent and 1% of the deposit amount becomes due and payable both by Lessor / Licensor / Business Centre owner and Lessee / Licensee / Occupier of Business Centre, to the broker concerned on the escalated deposit and rent, etc.
(B) DEPOSIT
The Lessor / Licensor / Business Centre owner and the Lessee / Licensee / Business Occupier shall individually pay to the broker concerned, 2% of the total deposit amount or advance rent, irrespective of the period of Lease / Leave and License / Business Centre. ON RENEWAL of Lease / Leave and License / Business Centre, irrespective of the renewal perios, one percent of the deposit amount becomes due and payable BOTH, by the Lessor / Licensor / Business Centre owner and the Lessee / Licensee /Business Centre occupier, as brokerage, to the broker/brokers concerned.
(C) PAYING GUEST
Commission equivalent to two months compensation shall be payable by Paying Guest to the member and 1 month’s rent from the Owner.
V. MANAGEMENT OF PROPERTIES
Commission @ 10% shall become due and payable to the member of the total amount collected as rent/compensation in respect of properties managed by the members. For additional service rendered extra fees shall be due and payable to the member as may be mutually agreed upon.
VI. (A) FRANCHISING
Commission at twice the minimum monthly income/guarantee or 2 months rent, whichever is higher is payable to the Agent.
In the event anything mentioned in VI a) (i) is not applicable, 2% of the market value of the property shall be payable as a commission by both Franchiser / and Franchisee.
(B) TIME SHARING
In the case of Time-Sharing minimum of 10% or a higher amount as mutually agreed upon, shall be payable as commission, by the Seller / Developer / Time-Share Marketing / Management Company / Resort etc.
NOTE: Commission / Brokerage / Agency Fee / Services Charges / Any Other charges, under any name whatsoever paid to the member for services rendered SHALL NOT BE REFUNDABLE UNDER ANY CIRCUMSTANCES.
GST
The current rate of GST on realty services is 18 %.
Cookies
We employ the use of cookies. By accessing Savla Real Estate, you agreed to use cookies in agreement with the Savla Real Estate’s Privacy Policy.
Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.
Other Website Licenses
Unless otherwise stated, Savla Real Estate and/or its licensors own the intellectual property rights for all material on Savla Real Estate. All intellectual property rights are reserved. You may access this from Savla Real Estate for your own personal use subjected to restrictions set in these terms and conditions.
You must not:
- Republish material from Savla Real Estate
- Sell, rent, or sub-license material from Savla Real Estate
- Reproduce, duplicate or copy material from Savla Real Estate
- Redistribute content from Savla Real Estate
This Agreement shall begin on the date hereof. Our Terms and Conditions were created with the help of the Terms And Conditions Generator.
Parts of this website offer an opportunity for users to post and exchange opinions and information in certain areas of the website. Savla Real Estate does not filter, edit, publish or review Comments prior to their presence on the website. Comments do not reflect the views and opinions of Savla Real Estate, its agents, and/or affiliates. Comments reflect the views and opinions of the person who posts their views and opinions. To the extent permitted by applicable laws, Savla Real Estate shall not be liable for the Comments or for any liability, damages or expenses caused and/or suffered as a result of any use of and/or posting of and/or appearance of the Comments on this website.
Savla Real Estate reserves the right to monitor all Comments and to remove any Comments which can be considered inappropriate, offensive, or causes breach of these Terms and Conditions.
You warrant and represent that:
- You are entitled to post the Comments on our website and have all necessary licenses and consents to do so;
- The Comments do not invade any intellectual property right, including without limitation copyright, patent or trademark of any third party;
- The Comments do not contain any defamatory, libelous, offensive, indecent or otherwise unlawful material which is an invasion of privacy
- The Comments will not be used to solicit or promote business or custom or present commercial activities or unlawful activity.
You hereby grant Savla Real Estate a non-exclusive license to use, reproduce, edit and authorize others to use, reproduce and edit any of your Comments in any and all forms, formats or media.
Hyperlinking to our Content
The following organizations may link to our Website without prior written approval:
- Government agencies;
- Search engines;
- News organizations;
- Online directory distributors may link to our Website in the same manner as they hyperlink to the Websites of other listed businesses; and
- System-wide Accredited Businesses except soliciting non-profit organizations, charity shopping malls, and charity fundraising groups which may not hyperlink to our Web site.
These organizations may link to our home page, to publications or to other Website information so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement or approval of the linking party and its products and/or services; and (c) fits within the context of the linking party’s site.
We may consider and approve other link requests from the following types of organizations:
- commonly-known consumer and/or business information sources;
- dot.com community sites;
- associations or other groups representing charities;
- online directory distributors;
- internet portals;
- accounting, law and consulting firms; and
- educational institutions and trade associations.
We will approve link requests from these organizations if we decide that: (a) the link would not make us look unfavorably to ourselves or to our accredited businesses; (b) the organization does not have any negative records with us; (c) the benefit to us from the visibility of the hyperlink compensates the absence of Savla Real Estate; and (d) the link is in the context of general resource information.
These organizations may link to our home page so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement, or approval of the linking party and its products or services; and (c) fits within the context of the linking party’s site.
If you are one of the organizations listed in paragraph 2 above and are interested in linking to our website, you must inform us by sending an e-mail to Savla Real Estate. Please include your name, your organization name, contact information as well as the URL of your site, a list of any URLs from which you intend to link to our Website, and a list of the URLs on our site to which you would like to link. Wait 2-3 weeks for a response.
Approved organizations may hyperlink to our Website as follows:
- By use of our corporate name; or
- By use of the uniform resource locator being linked to; or
- By use of any other description of our Website being linked to that makes sense within the context and format of content on the linking party’s site.
No use of Savla Real Estate’s logo or other artwork will be allowed for linking absent a trademark license agreement.
iFrames
Without prior approval and written permission, you may not create frames around our Webpages that alter in any way the visual presentation or appearance of our Website.
Content Liability
We shall not be held responsible for any content that appears on your Website. You agree to protect and defend us against all claims that are rising on your Website. No link(s) should appear on any Website that may be interpreted as libelous, obscene, or criminal, or which infringes, otherwise violates, or advocates the infringement or other violation of, any third party rights.
Your Privacy
Please read Privacy Policy
Reservation of Rights
We reserve the right to request that you remove all links or any particular link to our Website. You approve to immediately remove all links to our Website upon request. We also reserve the right to amen these terms and conditions and it’s linking policy at any time. By continuously linking to our Website, you agree to be bound to and follow these linking terms and conditions.
Removal of links from our website
If you find any link on our Website that is offensive for any reason, you are free to contact and inform us any moment. We will consider requests to remove links but we are not obligated to or so or to respond to you directly.
We do not ensure that the information on this website is correct, we do not warrant its completeness or accuracy; nor do we promise to ensure that the website remains available or that the material on the website is kept up to date.
Disclaimer
To the maximum extent permitted by applicable law, we exclude all representations, warranties, and conditions relating to our website and the use of this website. Nothing in this disclaimer will:
- limit or exclude our or your liability for death or personal injury;
- limit or exclude our or your liability for fraud or fraudulent misrepresentation;
- limit any of our or your liabilities in any way that is not permitted under applicable law; or
- exclude any of our or your liabilities that may not be excluded under applicable law.
The limitations and prohibitions of liability set in this Section and elsewhere in this disclaimer: (a) are subject to the preceding paragraph; and (b) govern all liabilities arising under the disclaimer, including liabilities arising in contract, in tort, and for breach of statutory duty.
As long as the website and the information and services on the website are provided free of charge, we will not be liable for any loss or damage of any nature.