India - Property

Commercial Sale Deed

Legal document for transfer of commercial property ownership including shops, offices, and showrooms.

Fill Your Details

Seller/Company Name *

Seller Aadhaar/Company PAN *

Seller Address *

Buyer/Company Name *

Buyer Aadhaar/Company PAN *

Buyer Address *

Property Type (Shop/Office/Showroom) *

Property Description *

Property Address *

Carpet Area (sq. ft.) *

Sale Consideration (INR) *

Advance Amount Paid (INR) *

City *

Date *

Optional Sections

Include Witnesses Section Include Verification Section Include Schedule/Annexure

Page Size

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Instructions

How to execute a Commercial Sale Deed:

1. Verify commercial use permission and approved building plan.
2. Check for any pending trade license or commercial compliance issues.
3. Obtain NOC from building management/association.
4. For company transactions, ensure proper board resolutions.
5. Verify GST registration status and any pending dues.
6. Register at the Sub-Registrar office with applicable commercial stamp duty.
7. Stamp duty for commercial property is typically higher than residential.

Frequently Asked Questions

Is stamp duty different for commercial property?

Yes, commercial properties typically attract higher stamp duty rates than residential. Check your state's specific rates.

What additional documents are needed?

You need commercial use permission, fire safety certificate, building completion certificate, and association NOC in addition to standard documents.

Can I convert it to residential use?

Conversion requires approval from local authorities and may involve change of land use fees.

Are there TDS implications?

Yes, if the sale value exceeds Rs. 50 lakhs, the buyer must deduct 1% TDS and deposit with the government.