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Read MoreProperty Management Services in Hyderabad
Rent Collection
- Rental payments are usually done through online means; however, if for any reason it is not done so, We will ensure timely collection of rents via cheques and organize payments to the owner.
- A log of all monthly payments will reside in the portal.
Regular Property Inspections
- We perform quarterly inspections of the property so as to avoid
major issues in the future. - A Property inspection report would be available on the owner’s portal. The inspection report will include pictures if necessary.
Preparing Inventory
- We prepare an inventory before the beginning of tenancy and perform inventory check when a tenant vacates.
- If any discrepancies, Appropriate suggestions will be given to the owner/outgoing tenant based
Renewal of Lease
- Notifications of lease expiry dates will sent to the owner and tenant.
- We will proactively ensure lease renewals if the tenant wishes to continue after the end of the tenure.
- Again, lease documents will be uploaded and notified in the portal.
Maintenance Assistance
- Request for maintenance work by tenant or owner, through our portal or via a phone call would entail a visit to the property to assess the required work.
- All issues will be worked through a ticketing system provided by our online portal; While, highly emergent and low-cost issues logged by a tenant will be opened and fixed immediately without the owner approval, all other requests will await an owner’s approval.
- Please note every ticket raised for a property will notify the owner via email. All issues emergent or otherwise will be fixed by our team of contractors through our supervision.
- Once the fix is completed, all details of the fix in terms of costs, kind of fix will be housed in the portal.
BIll Payments Assistance
- Due dates for payments like property tax will be maintained in our database and paid well before their due date.
- Utility bills like telephone, internet, monthly association fee, Water bills shall be paid by the tenant. However, all such bills will be handled if any vacant period should arise between tenancy.
- All bills will be uploaded to the portal for your reference.
| FEATURES | PLANS | ||
|---|---|---|---|
| End to End Property Management | Property Management | Rental Management | |
| Assign Property Manager | ✓ | ✓ | ✓ |
| Site inspection by Property Manger | ✓ | ✓ | ✓ |
| Take pictures of the property | ✓ | ✓ | ✓ |
| Listing property in multiple channels | ✓ | ❌ | ✓ |
| Connect with prospective tenants and facilitate site inspection | ✓ | ❌ | ✓ |
| Background verification of the tenant * | ✓ | ❌ | ✓ |
| Prepare Lease agreement | ✓ | ❌ | ✓ |
| Collection of Security deposit & First month rent | ✓ | ❌ | ✓ |
| Facilitate tenant Move-in / Move-out | ✓ | ✓ | ✓ |
| Periodic property inspection (Up to 4 visits per year | ✓ | ✓ | ❌ |
| House Keeping * | ✓ | ✓ | ❌ |
| Renovation** | ✓ | ✓ | ❌ |
| Repair & Maintenance * | ✓ | ✓ | ❌ |
| Follow up for Maintenance payment, Electricity & Water bills (in case of Vacancy) | ✓ | ✓ | ❌ |
| Free tenant search in case tenant vacating within first year | ✓ | ❌ | ❌ |
| Property Management Fee | 7.5% of Annual Rent | 7.5% of Annual Rent | ❌ |
| Tenant Finding Fee | 0.5 x One Month Rent | ❌ | 1 x One Month Rent |
| # Tenant already available or Landowner keeps it vacant | |||
| *Additional charges will be applicable | |||
| *18% GST Extra Applicable | |||
| Note: Property Handling will start any of the above tasks, only after getting a signed document from the owner. *Company must work with several organizations, their fees and incidental expenses are extra, and company cannot determine the exact cost when the “Property Management” document is prepared. **Company shall receive execution fee @ 10% on expenses (plus GST) of the major renovations | |||
Property management services in Hyderabad provide a range of essential services for property owners, whether they are local residents or living abroad. These services are designed to help property owners effectively manage their real estate investments and ensure that their properties are well-maintained and profitable. Here are three paragraphs outlining some of the key aspects of property management .
We offered a range of services such as tenant screening, rent collection, property maintenance, and legal compliance management. However, the best choice for you would depend on your specific needs, property type, and location, so I recommend researching the most recent reviews and conducting interviews to find the most suitable property management service in Hyderabad for your situation.
FAQs
- What Services Do Property Management Companies in Hyderabad Offer?
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Property management companies in Hyderabad typically offer services such as tenant screening, rent collection, property maintenance, lease management, and legal compliance assistance
- How Much Do Property Management Services in Hyderabad Cost?
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The cost of property management services in Hyderabad typically ranges from 8% to 12% of the monthly rental income, but prices may vary based on the specific services and property size.
- How Do Property Managers Handle Tenant Disputes or Evictions?
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Property managers in Hyderabad handle tenant disputes or evictions by following legal procedures, which may involve issuing notices, mediation, and if necessary, filing eviction lawsuits in the appropriate local court.
- Can Property Management Companies Help with Property Marketing and Vacancy Reduction?
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Yes, property management companies in Hyderabad can assist with property marketing and vacancy reduction through advertising, staging, and actively seeking qualified tenants to minimize property downtime.