Knowing about real estate brokerage

This guide explains the real estate commission rates in India, including typical brokerage fees for buying, selling, and renting properties. Learn how real estate commission rates in India are calculated, what brokers usually charge, and practical tips to negotiate brokerage costs effectively.
Brokerage, in simple terms, refers to the amount paid to a real estate agent or property broker in order to get a deal between a buyer and a seller or a landlord and a tenant. This fee is normally computed as a percentage of the value of the deal or on a lump sum basis.