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Commercial land leases typically run longer tenures than built space, with zoning, FSI/FAR permissible, and road width/access among the first things to confirm.
FSI (Floor Space Index) or FAR (Floor Area Ratio) determines how much built-up area you’re permitted to construct relative to plot size — it directly caps your development potential, so confirm the applicable FSI/FAR for the specific zone before committing.
Meaningfully longer than built-space leases — commercial land leases (especially for build-to-suit development) commonly run 15–30 years or more, given the capital investment tenants make in construction.
Typically a company/business registration or GST certificate, PAN, and identity/address proof of the signing authority, plus financials for larger deals. Requirements vary by landlord and deal size.
Commercial security deposits commonly range from 6 to 10 months' lease amount in India, though this is negotiable and varies significantly by city, property type, and landlord.
Yes — leasing out commercial property in India is generally subject to GST (currently 18%), payable by the tenant in addition to the base lease amount.
A lock-in period is a contractually agreed minimum duration during which neither the landlord nor the tenant can terminate the lease — common in commercial agreements to protect both sides' upfront investment.
Carpet area is the actual usable floor area within the walls. Built-up area adds wall thickness and balconies; a further-loaded "super built-up" figure (common in malls and business parks) also includes a share of common areas like lobbies and lifts.
Most commercial space is handed over "as-is," "warm shell," or "bare shell," with the tenant responsible for interior fit-outs — though some landlords offer a fit-out contribution or free fit-out period as part of negotiation.
