Charges | Property Management company in Hyderabad, Vijayawada, Vizag.
SERVICE 1

Fee for Property Management

Per Month

Annual Rental Income Range / Percentage of Fee Charged

  • < Rs.3,00,000 / 8.0% or Determined after analysis
  • Rs.3,00,001 - Rs.6,00,000 / 7.5%
  • Rs.6,00,001 - Rs.10,00,000 / 6.5%
  • Rs.10,00,001 - Rs.20,00,000 / 6.0%
  • Rs.20,00,001 - Rs.30,00,000 / 5.5%
  • Rs.3,00,001 - Rs.6,00,000 / 5.0% or Determined after analysis
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Note:Property Management Fee is charged at the beginning when the contract is signed. An yearly renewal fee is at the beginning of the financial year (April 1st).

SERVICE 2

Fee for Major Repairs & Renovations

9.5% of the Total Project Cost

  • a) Role of the Company or its representative(s) will be like Project Manager role, will over see the work/project which is being carried by different departments/vendors. All planning, coordination and execution of the work will be carried. We will act like EARS & EYES of the Owner
  • b) Company or its representatives will NOT be making any decisions or would handle the money while executing the project (Renovation Tasks).
  • c) Company or its representatives would act like ears & eyes of the property owner.
  • d) Company would arrange the vendor(s) and negotiate the prices on the owner behalf. The final authority in selecting the vendor lies on the property owner.
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SERVICE 3

Rental Fee

a) Tenant Finding Fee (Collected from Property Owner)

Duration in Finding a Tenant / Fee

  • Less than 3 months / 15 days rent or 1/2 month rent
  • More than 3 months / 1 month rent
SERVICE FEE

b) Property Finding Fee (Collected from the Tenant)

Rental Value / Fee

  • Less than Rs. 15,000 / 1 month rent
  • More than Rs. 15,000 / 15 days rent or 1/2 month rent
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SERVICE 4

Seller Fee

a) Typical Property Sale

Transactional Value / Fee

  • < Rs. 1 Crore / 2% of the transactional value
  • Rs. 1 Crore & above / 1.5% of the transactional value
SERVICE FEE

b) Property Sale + Taxation + IT Clearance + Money Repatriation (End-to-End Services)

  • 3.0% of the transactional value and any incidental expenses & CA fee are extra.
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SERVICE 5

Plot and Land Monitoring Charges

Charges will be determined based on the requirements like: Simple monitoring (4 times in a year), etc.

Note: A non-refundable enrollment fee of $99 is charged before the property is visited for the first time.

    SERVICE 6

    Obtain Documents and Documents Verification Services

    $4.99 per hour

    Note: We obtain any required documents, any government fee, incidental expenses & travel charges are extra. We also get the documents verification done for the buyer (On buyer behalf)