terms and conditions of professional service

These terms govern your engagement with Property Finder Real Estate for property acquisitions, residential leasing, commercial workspaces, and statutory leave and license registration across Mumbai.

1. regulatory status and identity of firm

Property Finder Real Estate is a registered real estate advisory proprietorship founded by Saurav Ganesh Chowdhury on 1 August 2018, operating from Shop Number 2, Ground Floor, Baf-Hira Nagar, Jankalyan Nagar Road, Malad West, Mumbai 400095.

Property Finder Real Estate has not yet obtained MahaRERA real estate agent registration. The proprietor is currently completing MahaRERA training and has not yet applied for registration. Do not interpret this website as a claim that the firm is a registered MahaRERA agent.

2. scope of real estate advisory representation

Our firm acts as an intermediary property advisor providing the following services across Mumbai Western Suburbs:

  • Identification, curation, and physical walkthrough coordination of residential and commercial properties.
  • Market rate benchmarking, ready reckoner valuation analysis, and developer negotiation.
  • Verification of thirty-year chain title deeds, society share certificates, deemed conveyance status, and municipal sanction plans.
  • Facilitation of doorstep biometric leave and license agreement registration through the Maharashtra government electronic portal.
  • Home loan documentation coordination with scheduled commercial banking partners.

Property Finder Real Estate functions as an advisor and facilitator. We do not construct real estate developments, hold title ownership in developer projects, or guarantee construction completion deadlines committed by builders.

3. property listings, carpet areas, and inspection terms

All property measurements published on our portal reflect genuine carpet area as defined under Section 2 k of the Real Estate Regulation and Development Act 2016, excluding common areas, lift lobbies, and external balconies unless specifically noted as usable deck area.

While Property Finder Real Estate conducts preliminary due diligence on society titles and municipal tax records, prospective purchasers and tenants are advised to review original documents with independent legal counsel before executing financial disbursements.

Site visits and inspections arranged by our consultants require prior appointment confirmation. Visitors must observe building society visitor protocols and security clearances at all times.

4. professional brokerage fees and payment terms

By engaging Property Finder Real Estate to inspect properties or negotiate purchase or lease transactions, clients agree to the following professional remuneration schedule:

transaction type brokerage entitlement payment milestone
Primary New Launch Booking Nil from Buyer Paid directly by developer partner
Residential Resale Flat Purchase 1% to 2% of Agreement Value 50% on agreement signing, balance on registry
Residential Tenancy Lease One Month Rent Equivalent Payable upon leave and license registration
Commercial Office or Shop Lease One to Two Months Rent Payable upon execution of lease agreement
Doorstep Agreement Registration Fixed Doorstep Executive Fee Payable on day of biometric capture visit

All professional fees attract statutory Goods and Services Tax at the prevailing rate of 18 percent. Official tax invoices are issued under proprietor Saurav Ganesh Chowdhury.

If a client inspects a property introduced by Property Finder Real Estate and subsequently executes an agreement with the owner or developer directly or through a third-party intermediary within twelve months of inspection, our firm remains fully entitled to claim professional brokerage compensation.

5. leave and license agreement registration protocols

Under Section 55 of the Maharashtra Rent Control Act 1999, registration of tenancy agreements is a statutory requirement. Property Finder Real Estate facilitates e-registration using Department of Registration and Stamps interfaces.

Parties must ensure that provided Aadhaar details, PAN cards, property electricity consumer numbers, and witness identities are authentic and valid. Our firm does not accept liability for delays resulting from government portal downtimes, Aadhaar biometric server timeouts, or document rejections by the Joint Sub-Registrar due to discrepancies in party records.

Government stamp duty and statutory registration fees are paid directly to the state revenue account via eSBTR or GRAS challans and are strictly non-refundable once the government token is generated.

6. limitation of liability and force majeure

Property Finder Real Estate, its proprietor, and consultants shall not be held liable for indirect, incidental, or consequential damages resulting from:

  • Title defects concealed by sellers or landlords in breach of statutory declarations.
  • Delays in developer possession, structural defects, or civic infrastructure delays outside our operational control.
  • Disputes arising between landlords and tenants after physical key handover.
  • Rejection of bank loan applications by financial institutions based on client credit history or internal underwriting norms.

In all circumstances, the aggregate liability of Property Finder Real Estate for any proven claim arising out of our advisory shall not exceed the actual professional consultancy fees received by the firm for that specific transaction.

7. governing law and dispute resolution

These terms and all transactions facilitated by Property Finder Real Estate are governed exclusively by the laws of India, the Real Estate Regulation and Development Act 2016, and the Maharashtra Stamp Act.

Any dispute, controversy, or claim arising out of or relating to our services shall be subject to the exclusive jurisdiction of the civil courts and consumer forums located in Mumbai, Maharashtra, India.

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