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Valumax Advisors Gurgaon: + 9811-895-557
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Frequently Asked Questions


Q: What is the difference between Leasehold & Freehold?

Ans:Leasehold owernship fundamentally means long tenancy-the right to own,occupy and use the place for long period of time.This can be for anytime between 99-999 years.Freehold ownership means that the owner has complete and absolute ownership of the property, and all the buildings that stand on that land.The owner of the freehold property is therefore in position to do what they wish to do with the property,in accordance with the local planning regulations.

Q: What is IT/ITES office space?

Ans:IT stands for Information & Technology and ITES stands for Information Technology Enabled Services.IT is a form of outsourced service which has emerged due to involvement of IT in various fields,like Banking,Finance,Telecom,Insurance etc.Some of the examples of ITES are medical transcription,back-office accounting,insurance claim,credit card processing and many more.

Q: What is FSI/FAR?

Ans:FSI stands for Floor Space Index & FAR stands Floor Area Ratio.The FAR or FSI is the ratio of the total area of the buildings on a certain location to the size of the land of that location,or the limit imposed on such ratio.

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