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Commercial Real Estate

Commercial Real Estate Legal Services in Chennai for Businesses, Landlords and Developers

Property law for businesses: leases, development agreements and land for operations.

Commercial leasesJoint development agreementsLand for business useProject documentation

Short answer: commercial real estate work covers the property needs of a business rather than a household — leasing offices, shops and warehouses, buying land for a factory, or a landowner entering a joint development agreement with a builder.

If you are an individual buying a flat, resolving a family property share or facing a property dispute, our property lawyer page is the right starting point. This page is for businesses, landlords of commercial premises and landowners dealing with developers. Our office is at No. 1 Karaneeswarar Koil Street, Saidapet, Chennai 600015. Call or WhatsApp 073580 88817, Monday to Saturday, 9.30 am to 6.30 pm.

Commercial Real Estate

What this covers

Property law for businesses: leases, development agreements and land for operations.

Commercial leases

Office, retail, warehouse and industrial leases: lock-in, escalation, fit-out, maintenance, stamp duty and registration.

Joint development agreements

Landowner-side review of JDAs, sharing ratios, timelines, power of attorney and exit terms.

Land for business use

Title diligence, land-use and approval checks before acquiring land for operations.

Project documentation

Review of approvals, TNRERA registration status and sale documentation for commercial units.

Lease exits

Termination, renewal and handover terms, including security deposit recovery.

Who we act for

  • Companies leasing offices, showrooms or warehouses in Chennai
  • Owners of commercial premises letting them out
  • Landowners approached by developers for joint development
  • Businesses acquiring land for a factory or warehouse
Process

How the engagement runs

Every matter is scoped and priced in writing before work begins.

1. Commercial terms

We start from the agreed commercial terms or term sheet.

2. Title and approvals

Checks on ownership, encumbrances, land use and building approvals relevant to the deal.

3. Drafting and negotiation

Lease, JDA or purchase documentation negotiated with the other side.

4. Stamping and registration

Guidance on stamp duty and registration so the document is enforceable.

What to bring to the first consultation

Not every item is needed on day one — bring what you have, and we will tell you what else to obtain.

  • Title deeds and recent encumbrance certificate
  • Building plan approval and completion details, where relevant
  • Draft lease, JDA or term sheet
  • Company or LLP authorisation for signing

Frequently asked questions

Does a commercial lease in Chennai need to be registered?
Leases for more than eleven months generally require registration under the Registration Act, and stamp duty is payable under the Stamp Act as it applies in Tamil Nadu. Unregistered or under-stamped leases can be hard to rely on in a dispute.
What should a landowner check in a joint development agreement?
The builder's track record and finances, the sharing ratio, timelines with consequences for delay, the scope of any power of attorney, and what happens if the project stalls.
Is this different from your property lawyer service?
Yes. This page covers business and development property. Individual purchases, family property and property disputes are covered on our property lawyer page.
Can you review a lease before we sign the letter of intent?
Yes, and it is better to. Terms agreed in a letter of intent are often hard to reopen later.

Discuss your matter with LexNova Legal Associates

Speak with a lawyer in Saidapet, Chennai. Consultations are available in person, by telephone, by video call or on WhatsApp, Monday to Saturday, 9.30 am to 6.30 pm IST.

Speak with our team about your matter.

Visit
No. 1 Karaneeswarar Koil Street, Saidapet, Chennai 600015
Online
lexnovalegalassociates.com