Kaagazaat

Token / Booking Receipt for Commercial Space

At a glance

Price: ₹99 · GST included
Stamp duty: As a plain acknowledgement of money, this receipt is chargeable under Article 53 of Schedule I to the Indian Stamp Act, 1899 — a revenue stamp of Re. 1, affixed and signed across, wherever the sum received exceeds Rs 5,000.
Registration: Not registrable.
Witnesses: Not legally required for a receipt of this kind — no statute demands attesting witnesses for an acknowledgement of money.

₹99

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

Guided questions, full draft on screen, download in Word.

See all prices

Also called

Booking Receipt for Commercial Space
Token Money Receipt for Commercial Premises
Commercial Booking Advance Receipt
Shop Booking Receipt
Office Space Booking Receipt
Showroom Booking Receipt
SCO Booking Receipt
Advance Booking Receipt for Commercial Property

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

Fill this one in

Why you need it

When you need it

A landlord or developer has agreed, in principle, to hold a specific office, shop, showroom or other commercial unit off the market for a prospective business tenant, and the tenant has paid a token or booking amount to secure that hold while a term sheet and then a registered Lease Deed or Rent Agreement are worked out. Use this receipt to record exactly what was received, for which premises, for how long the hold runs, and — the two questions a booking dispute actually turns on — what happens to the money if the lease goes ahead, and what happens to it if either side does not proceed. This is a short, narrow document. It is not the term sheet and it is not the Lease Documents: it does not fix the rent, the term or any other condition of the tenancy, and it gives the Prospective Tenant no possession of, or access to, the Premises. If those things are already settled and both sides are ready to sign, draft the Lease Documents instead of this receipt. Do not use it for a residential letting — a landlord letting out a flat or house has its own receipts for an advance or a security deposit. Do not use it where money is changing hands toward buying the Premises rather than leasing them — that is a token or earnest money receipt for a purchase, a different transaction with different tax and stamp consequences. And do not use it once the Prospective Tenant has been let into the Premises, even only to measure up or begin a fit-out: the moment possession passes, a rent figure and a term are effectively being fixed by conduct, and this receipt is the wrong document for what has actually happened — a Lease Deed or Rent Agreement, properly stamped and, where the term or the rent requires it, registered, is what the transaction now needs.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

As a plain acknowledgement of money, this receipt is chargeable under Article 53 of Schedule I to the Indian Stamp Act, 1899 — a revenue stamp of Re. 1, affixed and signed across, wherever the sum received exceeds Rs 5,000. Receipts are taxed the same way under this Article wherever in India they are signed, so the figure at a counter in Ludhiana is the same as at a counter in Sector 17, Chandigarh. Section 30 of that Act entitles the Prospective Tenant to demand a duly stamped receipt. The risk this receipt is drafted to avoid is being read as something bigger than a receipt. An instrument that itself grants a right to occupy immovable property, or otherwise reads as an agreement for a lease, can be charged as a lease under Article 35 of Schedule I as applied to Punjab, and a lease of more than a year, or reserving a yearly rent, then has to be registered under section 107 of the Transfer of Property Act, 1882 and section 17(1)(d) of the Registration Act, 1908. Clauses 4.2 and 4.3 keep this receipt out of that category: it gives no possession, fixes no rent and creates no right to occupy — it only holds the Premises off the market and records what happens to the money. Keep it that way: adding a rent figure, a term or a floor plan to this receipt to save a step is what turns it into an instrument the Sub-Registrar looks at differently. The cheap insurance is to print this receipt on non-judicial stamp paper of Rs 100 or Rs 500, in addition to the revenue stamp; it removes the argument for the price of a modest lunch. E-stamping is available in both jurisdictions through the Stock Holding Corporation of India Ltd as Central Record Keeping Agency (shcilestamp.com), with a licensed stamp vendor the route for a small denomination in Punjab and a dedicated lower-denomination form available in Chandigarh for amounts up to Rs 200.

Registration

Not registrable. An acknowledgement of money that holds a property off the market, without giving possession or fixing rent, is not one of the documents listed in section 17 of the Registration Act, 1908, so there is nothing to present at a Sub-Registrar's office and no time limit to meet. Keep the original with the Prospective Tenant. What comes after this receipt is a different matter. A registered Lease Deed, or a Rent Agreement reserving a yearly rent or for a term of a year or more, must itself be registered under section 107 of the Transfer of Property Act, 1882 and section 17(1)(d) of the Registration Act, 1908 — before the Sub-Registrar of the tehsil in Punjab, or the Sub-Registrar, U.T. Chandigarh at 30 Bays Building, Sector 17 — and an unregistered instrument of that kind cannot be used under section 49 of that Act to prove the tenancy. None of that falls due on this receipt; it falls due on the Lease Documents this receipt is written to lead up to.

Notarisation

Not required by law. This receipt is valid once signed by both parties, stamped and preferably witnessed. Notarisation before a notary appointed under the Notaries Act, 1952 is optional and is commonly done for comfort, because it creates an independent record of the date and of who appeared. It does not cure a stamp duty shortfall and does not make an unenforceable term enforceable — choosing between paying for notarisation and paying for proper stamp paper, buy the stamp paper.

Witnesses

Not legally required for a receipt of this kind — no statute demands attesting witnesses for an acknowledgement of money. Two witnesses are nonetheless provided for below, because a booking dispute is usually one side's word against the other's, and a witness who can be produced before the Civil Judge to say the money changed hands and on what terms is worth more than the wording of any clause. Use adults who are not related to either party, and record full names and addresses so that they can actually be found later. Both parties should sign every page, and the Landlord should sign across the revenue stamp so that it cannot be lifted and reused.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

KAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASED

TOKEN / BOOKING RECEIPT FOR COMMERCIAL SPACE

Amount received: ₹3,00,000 (Rupees Three Lakh only)

Place: Mohali, Punjab

Date: 1 April 2026

1. The parties

1.1 The Landlord

Name: Sethi Estates Private Limited
Address: SCO 45, Sector 34-A, Chandigarh 160022
PAN: AABCS1234K
Capacity: the sole owner of the Premises.
Signing for the Landlord: Ramandeep Kaur, Director, authorised by board resolution dated 3 March 2026

1.2 The Prospective Tenant

Name: Northline Analytics Private Limited
Address: Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055
PAN: AAECN5678L

1.3 The Landlord and the Prospective Tenant are together called "the parties".

2. The premises

2.1 This receipt relates to the following commercial premises ("the Premises"):

Unit 212, Second Floor, Tower A, Bestech Business Tower, Sector 66, S.A.S. Nagar (Mohali)

2.2 The Premises are at S.A.S. Nagar (Mohali), in the State of Punjab. They are held for use as: Retail showroom for readymade garments.

2.3 Where the Landlord holds the Premises jointly with others, under an allotment from a development authority or the Estate Officer, or under a head lease, the Landlord confirms that holding the Premises off the market and receiving this token on the terms below needs no consent, permission or no-objection certificate that has not already been obtained.

3. The token money received

3.1 The Landlord acknowledges having received from the Prospective Tenant a sum of ₹3,00,000 (Rupees Three Lakh only) as token or booking money, on 2 April 2026, by way of Bank transfer (NEFT / RTGS / IMPS / UPI). Payment reference: UTR HDFC2609180231.

4. What this receipt is, and what it is not

4.1 This money is paid and received solely so that the Landlord holds the Premises off the market for the Prospective Tenant, on an exclusive basis, until 3 April 2026 ("the Hold Period"), pending the signing of a written term sheet and, after it, a registered Lease Deed or Rent Agreement (together, "the Lease Documents").

4.2 This receipt is not the term sheet and is not the Lease Documents. It does not fix the rent, the term, the security deposit or any other condition of the tenancy, and none of those is to be inferred from it. Neither the Landlord's receipt of this money, nor anything else in this receipt, obliges the Landlord to lease the Premises to the Prospective Tenant, or obliges the Prospective Tenant to take the Premises on lease, on any particular terms or at all — that obligation, if any, arises only when the Lease Documents are signed.

4.3 No possession of, or access to, the Premises — including for measurement, inspection, fit-out or storage — is given or agreed to be given under this receipt. Possession will pass only under the Lease Documents.

Questions about this document

Does the Token / Booking Receipt for Commercial Space need stamp paper or stamp duty in Punjab and Chandigarh?

The risk this receipt is drafted to avoid is being read as something bigger than a receipt. An instrument that itself grants a right to occupy immovable property, or otherwise reads as an agreement for a lease, can be charged as a lease under Article 35 of Schedule I as applied to Punjab, and a lease of more than a year, or reserving a yearly rent, then has to be registered under section 107 of the Transfer of Property Act, 1882 and section 17(1)(d) of the Registration Act, 1908. Clauses 4.2 and 4.3 keep this receipt out of that category: it gives no possession, fixes no rent and creates no right to occupy — it only holds the Premises off the market and records what happens to the money. Keep it that way: adding a rent figure, a term or a floor plan to this receipt to save a step is what turns it into an instrument the Sub-Registrar looks at differently.

The cheap insurance is to print this receipt on non-judicial stamp paper of Rs 100 or Rs 500, in addition to the revenue stamp; it removes the argument for the price of a modest lunch. E-stamping is available in both jurisdictions through the Stock Holding Corporation of India Ltd as Central Record Keeping Agency (shcilestamp.com), with a licensed stamp vendor the route for a small denomination in Punjab and a dedicated lower-denomination form available in Chandigarh for amounts up to Rs 200.

Does the Token / Booking Receipt for Commercial Space need registration in Punjab and Chandigarh?

What comes after this receipt is a different matter. A registered Lease Deed, or a Rent Agreement reserving a yearly rent or for a term of a year or more, must itself be registered under section 107 of the Transfer of Property Act, 1882 and section 17(1)(d) of the Registration Act, 1908 — before the Sub-Registrar of the tehsil in Punjab, or the Sub-Registrar, U.T. Chandigarh at 30 Bays Building, Sector 17 — and an unregistered instrument of that kind cannot be used under section 49 of that Act to prove the tenancy. None of that falls due on this receipt; it falls due on the Lease Documents this receipt is written to lead up to.

What does the Token / Booking Receipt for Commercial Space cost on Kaagazaat?

₹99, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Token / Booking Receipt for Commercial Space need witnesses?

Often needed with this document

Back to Commercial, retail and industrial leasing