The standard commercial real estate transaction in India involves a broker. And the standard brokerage fee is 1–2 months' rent, paid by the tenant.
On a medium-sized office lease, that's ₹10–30 lakhs. Paid upfront. At Grey Hammer, our clients pay zero brokerage — ever. Here's exactly how that works, and why it matters for your company.
The broker system in India persists because of a simple information gap. Building owners don't widely advertise available spaces. Tenants don't know who owns which building. Brokers bridge that gap — and charge 1–2 months' rent for doing so.
Grey Hammer operates differently. We work directly and exclusively with building owners — particularly in Mohali's IT corridor — as their trusted leasing and property management partners. We handle the leasing process on behalf of owners. That means our fees come from the owner side, not from you as the tenant.
Several of the buildings Grey Hammer manages in Mohali are not available through any other broker or agent. We work exclusively with these building owners — managing their properties, maintaining tenant relationships, and handling all leasing activity directly.
What this means for you as a tenant:
| Example: 15,000 sq ft office, ₹70/sq ft/month | |
|---|---|
| Monthly rent | ₹10,50,000 |
| Standard brokerage (2 months) | ₹21,00,000 |
| Security deposit (6 months) | ₹63,00,000 |
| Upfront cash with a broker | ₹84 lakhs |
| Upfront cash with Grey Hammer | ₹63 lakhs |
That ₹21 lakhs saved is real capital that stays in your business — not handed over to a broker before you've moved a single desk.
Grey Hammer's deepest relationships are in Mohali's IT corridor — Sector 67, Phase 8A, Phase 8B, Sector 83A, Sector 101A (IT City), and the Aerocity Business Corridor. This is where we have spent years building direct, exclusive relationships with the building owners who matter.
In Mohali specifically:
Step 1 — Tell us your requirement
Share your team size, preferred location, area needed, and move-in timeline. A call with our founders typically takes 20–30 minutes to understand exactly what you need.
Step 2 — We shortlist from our exclusive inventory
Within 24–72 hours, we present matched options from buildings we manage directly. No filler options. No secondhand information.
Step 3 — Site visit, direct
We arrange your visit to the shortlisted buildings. You meet the people who actually manage the space — not a broker who's seen it once.
Step 4 — Negotiation and lease
We handle the negotiation with the building owner directly and structure terms around your growth plan — lease tenure, escalation, fit-out period, and security deposit.
Step 5 — Move in
If you need a plug-and-play fit-out, our in-house interior team handles it. One team, one handover, no third parties.
At no stage is brokerage charged to you.
Whether you work with Grey Hammer or explore other options, here are the questions that matter:
If your company is evaluating office space in Tricity — whether you're expanding out of Delhi NCR, setting up a new development centre, or relocating your operations — start with Mohali.
The combination of Grade-A infrastructure, competitive pricing, deep engineering talent, and a dramatically better quality of life for your team makes Mohali the rational choice for most IT and technology operations.
And with Grey Hammer's exclusive inventory in IT City, Sector 67, and Phase 8 — you'll find options that simply aren't available anywhere else.
Zero brokerage. Honest pricing. Direct access to Mohali's best buildings.
Zero brokerage. Exclusive inventory. Shortlisted options in 24 hours.
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