Prashanth Panchmukh
Newhouse Properties
About Us
| Company Name | : | Newhouse Properties |
| Company Email ID | : | info.newhouseproperties@gmail.com |
| Company Phone No | : | 9769135866 |
| Nature of Business | : | Real Estate Consultant |
Hello, I’m Prashant Panchmukh, Founder of Newhouse Properties.
At Newhouse Properties, we specialize in the real estate domain, offering expert assistance for all your buying, selling, or renting needs. Whether you're looking for residential properties, commercial spaces, or both—whether ready-to-move-in or under construction—we have the right solutions for you.
With 25 years of experience in renowned companies within the corporate IT sector, I have developed a strong foundation in business strategy, technology, and client-focused solutions. Driven by a passion for entrepreneurship, I decided to venture into real estate and founded NEWHOUSE PROPERTIES. As a techno-savvy consultant, I am dedicated to providing a seamless and efficient experience for my clients. My expertise lies in ensuring you close profitable deals with ease. My goal is to make your real estate journey smooth, well-informed, and ultimately successful, leveraging my experience and technological insights to achieve the best outcomes for you.
I look forward to the opportunity to work with you and help you achieve your property goals!
Thanking you
PRODUCTS / SERVICES
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EnquiryOur Services & Fee Structure
*Our Services and Fee Structure*
Thank you for your interest in our services! Here’s a breakdown of our offerings and fee structure:
### Builder Purchase
Our services are *FREE OF COST* (i.e., ZERO PERCENT Fees) for the buyer/purchaser, provided the Builder/Developer/Seller is willing to pay *2% Commission* on the purchase of commercial or residential premises. Please note that some Developers/Builders may only pay *1% Commission; in such cases, our fee will be **1%* of the total monetary components.
### Resale
We charge a *2% commission* on the total sale/purchase value, including all monetary components for commercial or residential properties.
### Lease / Leave & License
Our rental commission structure for Leave and License properties is as follows, based on the total agreement tenure including the lock-in period:
-*1 year Agreement* – 1 Month’s Rent as Fees
-* 2 years* - 1.5 Month's Rent as Fees
- *3 to 5 years* – 2 Month’s License Fees
- *5 to 7 years* – 3 Month’s License Fees
- *(And so on)*
*Payment is due immediately* at the time of signing the agreement or at registration, whichever is earlier.
### Renewal of Leave & License Agreement
The Licensor/Licensee agrees to pay commission on the renewal of the agreement. The commission structure is the same as for the initial Leave & License agreement. *Payment is due immediately* at the time of signing or registration.
### Goods and Services Tax (GST) and T.D.S.
- *GST* is applicable at *18%*. We will provide you with a GST tax invoice.
- If *T.D.S.* is deducted, please furnish the T.D.S. certificate or online details immediately if processed through the government portal.
### Payment
Payment is due when the agreement is signed. Registration of the agreement deed is highly recommended.
If you have any questions or need further assistance, please feel free to reach out!
Best regards,
Prashant Panchmukh
9920944155 | 9769135866
Newhouse
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