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Company History

Richie Rich Real Estate Consultants was established in 1995. Last 11 years of successful real estate experience in and around Bangalore distinct us as a comprehensive answer for all your real estate needs. Whatever they maybe viz. sites, factories, bungalows, houses, offices, lands, industrial sheds and apartments. Our list of clients range from discerning families to big multinationals. We have served the multinationals like IBM, INTEL, ACCENTURE, WIPRO, INFOSYS, AZTEC, HONEYWELL and many property developers like OASIS CONSTRUCTIONS, SHOBHA DEVELOPERS, HARA HOUSING (P) LTD.

Company Focus

  • SUCCESSFULLY MARKETING of homes and unit throughout South and East of Bangalore. This success can be attributed to an extensive personalized marketing plan for every property. Please call for details.  
  • Richie Rich has built an extensive referral system that includes thousands of happy customers and numerous contacts within the real estate industry that will assure you of an enjoyable and profitable transaction.   
  • Taking care of all documentation and legal procedures.   
  • Assistance with housing finance.    
  • Construction of independent homes or flats    
  • Registration and after sales support    
  • Taking care of all your RENTAL NEEDS of apartments, houses, industrial sheds, office spaces and vacant places.

Clients / Customers

RITCHIE RICH has catered to a large number of customers as an individual looking for houses to rent/buy and has also supported many conglomerates of IT and Non IT across the industry.

 

  • The Hong Kong & Shanghai Bank
  • PepsiCo International
  • Gokuldas
  • Arrow /CEC
  • Reliance
  • Standard Chartered Bank
  • IBM
  • Accenture
  • INTEL
  • WIPRO
  • INFOSYS
  • HONEYWELL
  • BFL
  • L&T
  • BIRLA 3 M
  • MICO
  • MOTOROLA
  • GE Countrywide
  • SHOBHA DEVELOPER
  • OASIS CONSTRUCTIONS
  • HARA HOUSING Pvt. LTD.
  • AISHWARYA BUILDERS
  • PIONEER BUILDERS

Commission On Real Estates Transaction

SALE TRANSACTIONS
City limits   Residential/Commercial 2% from seller, 1% from buyer
Outside City Limits 2% from seller, 2% from buyer
Sale of Industrial Land/ Building And Agriculture Land 2% from seller, 2% from buyer
JOINT DEVELOPMENT 2% commission each from the developer/owner on their respective super built share.
GOOD  WILL / PAGADI 2% Commission and one month rent from either side
RENTAL TRANSACTIONS
Residential/Commercial  - with or without / Industrial 1 month rent each from both parties
Renewal of Lease 15 days commission for any renewal of lease from the Lessor and Lessee or the approaching party.
TEMPORARY RENTAL
Accommodation
Up to 0 3 months 15 days rent as commission from both parties
Up to 0 6 months 15 days rent as commission from both parties
Any lease beyond  6 Months 1 Month Rent as commission from Tenant 15 Days Commission from owner.
Property Management Fee
Property management fee 10% of Annual rental value.

Note: All charges attract service tax of 10.2 % of the fee as applicable by the government of India. 

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