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Property

Effective rent

Understanding the financial terms related to leasing property is crucial for occupiers. One such term is the gross rent, which accounts for the base rent, maintenance charges, and imputed costs of loss of interest on the security deposit and rental advance. However, the effective rent is what truly matters, as it reflects the total amount an occupier pays each month for leasing a property. It is important to keep these terms in mind when considering a lease agreement.

Premium rent

As a knowledgeable professor of finance, let me introduce you to the concept of 'rack rent'. This refers to a rent that is above the current market rate for a property. In c...

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Pugree

In finance, we often come across the term 'interest free security deposit'. This is a common practice in India, where tenants give a refundable deposit to landlords at the b...

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Capitalisation

Understanding the concept of present value involves converting a series of future net receipts into their equivalent capital worth at a given date. This involves taking into...

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Kiosk

Kiosks, often found in public areas or shopping centers, are compact retail spaces that typically do not have restroom access. These outlets are designed to cater to peak pe...

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