What is the Property Management services that NRIs look for in Bangalore?
Non-Residential Indians (NRIs) or Person of Indian Origins (PIO) continue to maintain strong bond with their motherland. They either have families in India or have made investments into India.
Managing a property is an uphill task for an NRI or PIO who is far away and is focused on his/her work. Therefore, by hiring a professional property management company in India, an NRI can keep an eye on his/her property. A Property Management company performs following tasks:
- Inspect the property
- Renovate the property to make it rent-able
- Market the property
- Site visits for prospective tenants
- Tenant screening
- Rent agreement
- Monthly Rent collection
- Paying the monthly utility bills
- Resolve maintenance issues (plumbing, civil work, wood work, electric work, etc.)
- Resolve tenant queries that may arise during the course of tenancy period
- Periodic inspection the property
- At the end of the rent contract, either evacuate the property or extend the rent agreement
- Monthly communication with the property owner
- Advise property owner on current market valuations of the property
- Help property owner with filing property taxes in India
- In case of any legal issues, represent the property owner
If these tasks are performed well by the property management company, then, property will remain in good condition and at the same time generate monthly rental income for property owner.
PGN Property Management, a Property Management Company in Bangalore region can provide these services to NRIs and PIOs. www.pgnpropertymanagement.com
Contact : +91-9742479020 (Also available on whatsapp for instant communication)
E-mail : pgnproperties@gmail.com
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