Vassa Properties

Commercial property for rent and sale in Chhatrapati Sambhajinagar

Shops, showrooms and office space in Chhatrapati Sambhajinagar (formerly Aurangabad), available on rent and for sale. Commercial property needs checks a home does not, so the sections below cover zoning, agreements, licences and duty.

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What makes a property commercial

A shop or office is commercial only when the plot falls in a zone that permits commercial use and the sanctioned building plan says so. A residential flat does not become an office because a board goes up outside. Ask for the development plan remark, the approved plan and a title search. Shop Act registration and the municipal trade licence are separate: they are issued to your business, not to the premises, and you arrange them yourself.

Renting a shop or office

Shops and offices are usually let on leave and licence, which lets you use the premises for a fixed term without creating a tenancy. A lease transfers an interest in the property and is drafted and stamped differently. Before signing, settle the lock-in period, the yearly escalation, the deposit and its refund, and who pays property tax, maintenance and society charges. In Maharashtra the agreement has to be in writing and registered. Use the enquiry form on a listing to ask for its terms.

Buying a shop, showroom or office

Inside Chhatrapati Sambhajinagar municipal limits stamp duty is 5% plus 1% LBT, charged on the agreement value or the ready reckoner value, whichever is higher. The reduced 4% rate for women is for residential property only, so a woman buying a shop or office pays the same as anyone else. GST applies to an under-construction unit but not to one sold after the occupancy certificate. If the project is under construction, check its MahaRERA registration at maharera.maharashtra.gov.in.

Frequently asked questions

Can I run a shop from a residential property in Chhatrapati Sambhajinagar?

Only if the zone allows commercial use and the sanctioned building plan permits it. Running a shop from residential premises without that permission can bring action from the municipal corporation, and the property tax rate for commercial use is different. Check the development plan remark for the plot and the approved plan before you take possession.

What is the difference between leave and licence and a lease?

A leave and licence lets you occupy the premises for a fixed period without creating a tenancy in your favour, and it is the usual arrangement for shops and offices. A lease transfers an interest in the property for its term. The two are drafted and stamped differently, so read what the document says rather than what it is called.

Do women get the stamp duty concession on commercial property?

No. The reduced 4% stamp duty rate for women applies to residential property only. A woman buying a shop, showroom or office inside Chhatrapati Sambhajinagar municipal limits pays 5% stamp duty plus 1% LBT, the same as any other buyer, on the agreement value or the ready reckoner value, whichever is higher. Rates change by government notification, so check igrmaharashtra.gov.in.