Taxes and registration costs can materially change the total cost of a commercial purchase. The treatment depends on the transaction structure, construction and possession stage, seller status, agreement terms and current law, so obtain a written computation before payment.
GST questions
Ask whether GST applies to the transaction, the rate used, whether the unit is under construction, whether completion or first occupation affects the treatment, and whether input-tax-credit assumptions are relevant to your business. The CBIC GST portal should be checked for current official guidance.
Maharashtra stamp duty and registration
Confirm the instrument being registered, market value or ready-reckoner basis, stamp duty, registration fee, rebates or surcharges, payment method and appointment process through the Maharashtra Registration and Stamps Department. Rates and rules can change, so do not rely on an old calculator or verbal quote.
Build a written cost sheet
List base price, GST if applicable, stamp duty, registration, legal fees, brokerage, maintenance deposit, fit-out, utilities, property tax and financing charges. Ask the promoter to identify each charge in the Agreement for Sale and issue tax invoices or receipts as required.
This guide is an information starting point, not tax or legal advice. Have a Maharashtra property lawyer and chartered accountant review the specific transaction.
Practical worksheet
Pune commercial yield example
For an illustrative total acquisition cost of Rs 1.20 crore and monthly rent of Rs 75,000, annual gross rent is Rs 9 lakh and gross yield is 7.5%. If vacancy and owner-paid costs reduce net income to Rs 7.8 lakh, net yield becomes 6.5%.
Calculation: Net rental yield = (annual rent - vacancy - owner-paid annual costs) / total acquisition cost x 100.
- Compare achieved rent, not only advertised rent.
- Inspect access during actual business hours.
- Model at least one vacancy period.
- Include fit-out and common-area charges.
Common questions
Questions property buyers ask
What should I check before buying commercial property in Pune?
Verify title, sanctioned commercial use, MahaRERA details where applicable, carpet area, fire and access requirements, parking, maintenance, fit-out rules, possession terms and realistic tenant demand.
How should I compare Baner, Balewadi, Hinjewadi and Kharadi?
Compare the locations using the intended occupier, peak-hour access, employee and customer catchment, public transport, parking, competing supply, achieved rent, vacancy and total occupancy cost.
How is commercial rental yield calculated?
Gross yield is annual rent divided by total acquisition cost. Net yield should also deduct vacancy, maintenance, property tax, repairs, insurance, brokerage and other owner-paid costs.
Primary references
Official sources to verify
Important: This guide is for general information and is not legal advice. Verify current requirements directly with MahaRERA and consult a qualified property lawyer before signing or paying.