Technical view Image of the Property
In Chandigarh’s dynamic retail landscape, a showroom’s ownership structure significantly determines the business’s operational control, financial responsibilities, and overall strategic direction. For any investor considering commercial real estate in this well-planned city, it is critical to understand the intricacies of 100% ownership (all three floors), 50% + 50% (two floors), and 33.33% + 33.33%+33.33% (three floors).
Three-Story Showrooms (100 % Ownership )
When an individual or company owns 100% of the shares of a showroom in Chandigarh, they have absolute control over all aspects of the business. This exclusive authority extends to all operational decisions, including day-to-day management, strategic planning, and long-term vision. The owner has the unrestricted right to determine renovations, lease agreements, and the subsequent sale of the property. This level of autonomy is particularly advantageous in a dynamic market like Chandigarh. It allows the owner to quickly adapt to changing consumer preferences and market trends without the need for collaborative consultations.
In Chandigarh, where commercial real estate is in high demand, 100% ownership means maximum flexibility. The owner can customize the showroom design, layout, and amenities to meet their specific business objectives, maximizing profitability potential. This unrestricted control allows for the smooth implementation of innovative strategies and the rapid deployment of resources, providing a significant competitive advantage.
However, this absolute control is inextricably linked to absolute responsibility. The 100% owner bears the entire financial burden of the showroom. This includes, among other things, property taxes, maintenance costs, insurance premiums, and any unforeseen liabilities.
Take mobile No. email id before showing these documents.
- Agreement to sell
- Allotment Letter.
- Transfer letter.
- Sale Deed (Conveyance deed) .
- Permission to sell .
- Authority Letter for Legal Search
- Map
Two -Story Showrooms (50 +50 % Ownership per floor)
This situation represents a distinct variation on a 50% stake in a Chandigarh showroom. While the legal documents issued by the Chandigarh Housing estate provide for equal ownership, the practical arrangement provides for co-ownership and separate operational responsibilities for each partner. This hybrid model seeks to combine the advantages of shared legal ownership with the autonomy of individual management of each floor. While the legal framework reflects a standard equal partnership, the operational reality resembles a condominium-type division, where each partner effectively manages their assigned floor. This requires a carefully drafted partnership agreement that not only recognizes equal legal ownership but also clearly defines the operational boundaries, responsibilities, and financial obligations of each level. This agreement must also address potential conflicts arising from the shared use of common areas, maintenance, and general management of the building, ensuring a harmonious and legally sound arrangement, consistent with both the legal documents and the operational circumstances of the showroom.
Loan Documents & Loan Possibility
Take mobile No. email id before showing these documents.
- Agreement to sell
- Allotment Letter.
- Transfer letter.
- Sale Deed (Conveyance deed) .
- Permission to sell .( as per share )
- Authority Letter for Legal Search
- Map
Three -Story Showrooms (33.33+33.33% +33.33% Ownership per floor )
Three-Story Showrooms (33.33% Ownership Per Floor)
Some showrooms in Chandigarh have three floors (ground, first, and second floors) with ownership shares divided at 33.33% per floor. Unlike the four-story showroom model, these showrooms do not have a basement, making the ground floor even more valuable due to direct street access. The ground floor of these buildings typically houses retail stores, restaurants, or banks, as these businesses benefit most from customer traffic.
On the first and second floors of three-story showrooms, the ownership ratio (33.33%) is also higher compared to four-story models, providing owners with more space and financial benefits. Businesses such as corporate offices, fitness studios, clinics, and fashion boutiques frequently utilize these floors and make efficient use of the available space. Since ownership is divided among three shareholders instead of four, each investor’s stake is greater. This makes this option attractive for those who want a larger commercial presence in a prime location.
Loan Documents & Loan Possibility
Take mobile No. email id before showing these documents.
- Agreement to sell
- Allotment Letter.
- Transfer letter.
- Sale Deed (Conveyance deed) .
- Permission to sell .( as per share )
- Authority Letter for Legal Search
- Map
Four-Story Showrooms (25% +25% +25% +25% Ownership per floor )
Chandigarh’s commercial market offers a structured approach to showroom ownership. It is divided into two types, primarily based on the number of floors and ownership layout. These showrooms are either four-story buildings with a basement, ground floor, first floor, and second floor, or three-story buildings with a ground, first, and second floor. The main difference is the ownership structure. For four-story showrooms, each floor, including the basement, is allocated 25%, while for three-story showrooms, each floor is allocated 33.33%.
Four-story showrooms (25% ownership per floor)
Four-story showrooms in Chandigarh consist of a basement, ground floor, first floor, and second floor. In these types of showrooms, ownership is divided equally among four shareholders, with each share owning 25% of the total space. Depending on the type of business, the basement is often used as a warehouse, parking lot, or wholesale business. Since basements are generally not ideal for walk-in customers, they are often used by businesses that need storage space or service areas.
The ground floor is the most valuable space in any commercial property due to high customer traffic and good visibility. Businesses such as retail stores, banks, or fast-food chains generally prefer the ground floor for their operations. The first and second floors, each representing 25%, are typically occupied by offices, medical practices, or showrooms that do not require direct street access. These floors can be used for corporate offices, consulting firms, or other businesses accessible by stairs or elevators. The 25% ownership structure ensures that each floor owner has an independent share of the property while still using common facilities such as entrances, stairs, and parking spaces.
Loan Documents & Loan Possibility
Take mobile No. email id before showing these documents.
- Agreement to sell
- Allotment Letter.
- Transfer letter.
- Sale Deed (Conveyance deed) .
- Permission to sell .( as per share )
- Authority Letter for Legal Search
- Map