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Real Estate Consulting Agreement Template for India

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Key Requirements PROMPT example:

Real Estate Consulting Agreement

"I need a Real Estate Consulting Agreement for my firm to provide market analysis and investment advisory services to a large corporate client for their pan-India retail property portfolio, with specific provisions for RERA compliance and data protection."

Document background
The Real Estate Consulting Agreement is essential for formalizing professional relationships in India's real estate sector. This document is typically used when engaging real estate consultants for services such as property valuation, market analysis, development advisory, or investment consulting. The agreement ensures compliance with Indian legislation, including the Real Estate (Regulation and Development) Act 2016, the Indian Contract Act 1872, and relevant state laws. It provides a structured framework for defining the scope of services, professional fees, delivery timelines, and mutual obligations while protecting both parties' interests through appropriate risk allocation and confidentiality provisions. The document is particularly important given the complex nature of real estate transactions in India and the need for clear professional service parameters.
Suggested Sections

1. Parties: Identifies and provides full details of the Consultant and the Client, including registered addresses and company/individual details

2. Background: Establishes the context of the agreement, including the Client's need for real estate consulting services and the Consultant's qualifications

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation

4. Scope of Services: Detailed description of the consulting services to be provided, including specific deliverables and expectations

5. Term and Termination: Specifies the duration of the agreement and conditions for termination by either party

6. Fees and Payment Terms: Details the consultation fees, payment schedule, and any additional charges or expenses

7. Obligations of the Consultant: Lists the consultant's duties, responsibilities, and standard of service

8. Obligations of the Client: Specifies client's responsibilities, including providing necessary information and access

9. Confidentiality: Provisions for handling confidential information shared during the consultation process

10. Intellectual Property: Addresses ownership and usage rights of any materials or reports created during the consultation

11. Limitation of Liability: Defines the extent and limitations of the consultant's liability

12. Force Majeure: Provisions for unforeseen circumstances preventing performance of obligations

13. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and establishes jurisdiction for dispute resolution

14. Notice: Specifies how and where official communications between parties should be sent

15. Entire Agreement: Confirms that the agreement represents the complete understanding between parties

Optional Sections

1. Non-Compete: Restricts consultant from providing similar services to client's competitors - include when dealing with sensitive market information

2. Insurance: Specifies insurance requirements for the consultant - include when high-value properties or significant liability risks are involved

3. Assignment: Addresses whether rights under the agreement can be transferred - include when working with larger organizations

4. Compliance with RERA: Specific provisions relating to RERA compliance - include when consulting involves RERA-registered projects

5. Subcontracting: Terms for engaging third-party specialists - include when consultant may need to involve other experts

6. Data Protection: Specific provisions for handling personal data - include when consulting involves collecting or processing personal information

7. Anti-Corruption: Compliance with anti-corruption laws - include when dealing with government-related projects or public sector

8. Dispute Resolution: Detailed arbitration or mediation procedures - include when parties prefer alternative dispute resolution methods

Suggested Schedules

1. Schedule A - Scope of Services: Detailed breakdown of specific consulting services, deliverables, and timelines

2. Schedule B - Fee Structure: Detailed breakdown of fees, payment milestones, and expense categories

3. Schedule C - Service Level Agreement: Specific performance metrics and service standards

4. Schedule D - Required Documentation: List of documents and information to be provided by the client

5. Schedule E - Key Personnel: Details of key team members and their roles in providing the consulting services

6. Appendix 1 - Consultant's Qualifications: Certificates, registrations, and relevant qualifications of the consultant

7. Appendix 2 - Reporting Templates: Standard formats for progress reports and other regular communications

8. Appendix 3 - Compliance Checklist: List of regulatory requirements and compliance measures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses



































Relevant Industries

Real Estate

Property Development

Construction

Commercial Property

Residential Property

Industrial Property

Retail Property

Hospitality

Infrastructure

Urban Planning

Property Investment

Facility Management

Relevant Teams

Legal

Real Estate

Property Management

Business Development

Operations

Finance

Procurement

Risk Management

Compliance

Facilities Management

Asset Management

Strategic Planning

Relevant Roles

Real Estate Consultant

Property Advisor

Real Estate Analyst

Development Consultant

Investment Advisor

Property Valuation Expert

Real Estate Strategy Manager

Asset Management Director

Facilities Planning Manager

Real Estate Portfolio Manager

Property Development Director

Real Estate Operations Manager

Legal Counsel

Contracts Manager

Chief Financial Officer

Chief Executive Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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