NRI Property Management in Bangalore
NRI property management in Bangalore is not a new service, but it is also not widely known. Property management services have been around for a long time. But NRIs continue to struggle with managing their homes in India. It's natural to turn to friends and family in Bangalore for help.
The issue with delegating the task to family and friends is they are not professionals. And they may have other responsibilities that take priority. It will only hurt your property. And when you throw in unforeseeable events like the recent pandemic, things are only worse.
If a property is not regularly maintained, it will deteriorate. Thus, one must willingly delegate property to an NRI property management in Bangalore whose sole purpose is to keep your home in good condition.
For instance, At PropertyAngel, an NRI property management company in Bangalore, we specialize in real estate maintenance. We have on-the-ground teams, property managers, vendors, and maintenance people who have the skills required to keep your property in top condition.
Why Would You Need NRI Property Management in Bangalore?
Bangalore is a fast-paced city with a constant influx of students and job seekers/changers. The situation with tenants changes as the population changes. Bangalore also experiences seasonal extremes, which have an impact on housing.
Homeowners who rent out their property in Bangalore face particular challenges as the year ends and students and IT professionals switch jobs and locations. The time-consuming process of advertising a property, showing it to potential tenants, and managing new tenants becomes tiresome. Imagine dealing with all of this from afar. We assure you it's a lot of struggle.
That is where we, PropertyAngel, come in. We take care of all the commitments and hassles. Not just for renting and tenants but also for selling and even simple maintenance, allowing you to own property in Bangalore as an RI or NRI with ease.
5 Reasons Why You Should Hire an NRI Property Management in Bangalore
Prevents Property Degradation
A house needs constant attention and servicing regularly. Its floors must be clean, pipes must be tight, and tiles need repairing. If left unchecked, a home can quickly devolve into ruin. No house can avoid this; dust and breakage are unavoidable. An NRI property management in Bangalore is needed because they perform periodic checks, cleaning, and repairs as part of their service portfolio.
Maintains Minimum Vacancy Time
While you are not in India, renting out your Bangalore home is an excellent investment. Bangalore has an incredible rent value, and the IT and student populations are exploding. But, while you're away from your home in India, how will you find and keep tenants? Students tend to leave after the course is completed, forcing you to find new tenants. It is where property managers of NRI Property Management in Bangalore come into play. They monitor tenant vacancy trends and actively seek new tenants to ensure little to no vacancy.
Handles Tenant Management
Once you have tenants, you will have to manage them. You must meet their demands, collect rent, and handle situations such as water scarcity, power outages, broken windows, etc. Managing all of this from abroad will undoubtedly be challenging. In such a case, NRI property management in Bangalore will assign property managers to the location of your house. These managers are always available to execute actions immediately.
Prevents from Giving Unnecessary Commissions
Another drawback of real estate in Bangalore is that brokers, agents, and others charge high commissions. Granted, they do the work of finding tenants for you, but wouldn't it be great if you could find a tenant while saving the commission? It is precisely the benefit of hiring NRI property management in Bangalore.
Maintains a Good Contractor Network
A house can have numerous issues, such as leaky faucets, non-spinning fans, broken windows, squeaky doors, etc. Each of these issues needs the services of a specialist: a plumber, an electrician, a repairman, a carpenter, and so on. Finding the right and reliable person on time can be difficult for an NRI. Property management companies have their own roster of handymen, ensuring that you get prompt and dependable service, often at a lower cost than the market.
How do you choose NRI Property Management in Bangalore?You've already shown up on the best website of NRI property management in Bangalore. But, you must still go through the evaluation and elimination process before handing an outsider your expensive and prized property. Before you choose NRI property management in Bangalore, consider the following:
Conclusion
We've said everything there is to say. If you're an NRI with a house or property in Bangalore, all you have to do is strike up a conversation with us.
FAQs
What is PropertyAngel?
PropertyAngel is a leading O2O second landlord platform in Bangalore. We provide complete rental management and home maintenance services to NRIs and homeowners living away from their homes in India. Our property managers and industry experts have vast experience in rent management, architecture, legal services, interior design, and corporate administration.
Does PropertyAngel charge a brokerage for finding buyers or tenants for a property?
No, we do not work on a commission or brokerage basis. As NRI property management in Bangalore, we take over all property management tasks, including repairs, agreement management, initial deep cleaning, maintenance, advertising, finding tenants/buyers, rent collection, and so on, for a yearly fee, we charge only if the property is tenanted.
Why would PropertyAngel recommend an NRI hire NRI property management in Bangalore?
Naturally, you cannot manage all jobs related to your property from another country as an NRI. Neither you can entrust this time, energy, and financial commitment to your friends or family. Thus, you need professionals to ensure that your property is well maintained. So its value increases over time and does not cost you more than it earns.
The issue with delegating the task to family and friends is they are not professionals. And they may have other responsibilities that take priority. It will only hurt your property. And when you throw in unforeseeable events like the recent pandemic, things are only worse.
If a property is not regularly maintained, it will deteriorate. Thus, one must willingly delegate property to an NRI property management in Bangalore whose sole purpose is to keep your home in good condition.
For instance, At PropertyAngel, an NRI property management company in Bangalore, we specialize in real estate maintenance. We have on-the-ground teams, property managers, vendors, and maintenance people who have the skills required to keep your property in top condition.
Why Would You Need NRI Property Management in Bangalore?
Bangalore is a fast-paced city with a constant influx of students and job seekers/changers. The situation with tenants changes as the population changes. Bangalore also experiences seasonal extremes, which have an impact on housing.
Homeowners who rent out their property in Bangalore face particular challenges as the year ends and students and IT professionals switch jobs and locations. The time-consuming process of advertising a property, showing it to potential tenants, and managing new tenants becomes tiresome. Imagine dealing with all of this from afar. We assure you it's a lot of struggle.
That is where we, PropertyAngel, come in. We take care of all the commitments and hassles. Not just for renting and tenants but also for selling and even simple maintenance, allowing you to own property in Bangalore as an RI or NRI with ease.
5 Reasons Why You Should Hire an NRI Property Management in Bangalore
Prevents Property Degradation
A house needs constant attention and servicing regularly. Its floors must be clean, pipes must be tight, and tiles need repairing. If left unchecked, a home can quickly devolve into ruin. No house can avoid this; dust and breakage are unavoidable. An NRI property management in Bangalore is needed because they perform periodic checks, cleaning, and repairs as part of their service portfolio.
Maintains Minimum Vacancy Time
While you are not in India, renting out your Bangalore home is an excellent investment. Bangalore has an incredible rent value, and the IT and student populations are exploding. But, while you're away from your home in India, how will you find and keep tenants? Students tend to leave after the course is completed, forcing you to find new tenants. It is where property managers of NRI Property Management in Bangalore come into play. They monitor tenant vacancy trends and actively seek new tenants to ensure little to no vacancy.
Handles Tenant Management
Once you have tenants, you will have to manage them. You must meet their demands, collect rent, and handle situations such as water scarcity, power outages, broken windows, etc. Managing all of this from abroad will undoubtedly be challenging. In such a case, NRI property management in Bangalore will assign property managers to the location of your house. These managers are always available to execute actions immediately.
Prevents from Giving Unnecessary Commissions
Another drawback of real estate in Bangalore is that brokers, agents, and others charge high commissions. Granted, they do the work of finding tenants for you, but wouldn't it be great if you could find a tenant while saving the commission? It is precisely the benefit of hiring NRI property management in Bangalore.
Maintains a Good Contractor Network
A house can have numerous issues, such as leaky faucets, non-spinning fans, broken windows, squeaky doors, etc. Each of these issues needs the services of a specialist: a plumber, an electrician, a repairman, a carpenter, and so on. Finding the right and reliable person on time can be difficult for an NRI. Property management companies have their own roster of handymen, ensuring that you get prompt and dependable service, often at a lower cost than the market.
How do you choose NRI Property Management in Bangalore?You've already shown up on the best website of NRI property management in Bangalore. But, you must still go through the evaluation and elimination process before handing an outsider your expensive and prized property. Before you choose NRI property management in Bangalore, consider the following:
- Inquire with the company if they have an on-site team (in this case, in Bangalore). You don't want a company that says it will send representatives to the location. You need a company with representatives in the city where your property is present.
- Mention your requirements/needs clearly and ask if they have services to fulfill them as part of their business. And if they have the skill/experts to handle it. For example, you might want your NRI property management in Bangalore to look after your property taxes. One should inquire whether the company handles taxes and documentation in-house or through an experienced lawyer.
- Ask how frequently they will communicate with you. At PropertyAngel, we have a complete communication system, including a platform that sends emails whenever you reach a milestone. Besides, we assign you a property manager who is your primary contact for quick communication.
- Ask whether the NRI property management in Bangalore has its own vendors/contractors or has good connections with them. It is vital for instant repairs and maintenance tasks.
- Finally, find out what the initial (or recurring) fee covers. Is it for all the costs or specific services, or do you have to cover other expenses separately? Of course, no business will cover all costs with a single fee. The goal here is to ensure that there are no discrepancies later on. Get everyone on the same page right away.
Conclusion
We've said everything there is to say. If you're an NRI with a house or property in Bangalore, all you have to do is strike up a conversation with us.
FAQs
What is PropertyAngel?
PropertyAngel is a leading O2O second landlord platform in Bangalore. We provide complete rental management and home maintenance services to NRIs and homeowners living away from their homes in India. Our property managers and industry experts have vast experience in rent management, architecture, legal services, interior design, and corporate administration.
Does PropertyAngel charge a brokerage for finding buyers or tenants for a property?
No, we do not work on a commission or brokerage basis. As NRI property management in Bangalore, we take over all property management tasks, including repairs, agreement management, initial deep cleaning, maintenance, advertising, finding tenants/buyers, rent collection, and so on, for a yearly fee, we charge only if the property is tenanted.
Why would PropertyAngel recommend an NRI hire NRI property management in Bangalore?
Naturally, you cannot manage all jobs related to your property from another country as an NRI. Neither you can entrust this time, energy, and financial commitment to your friends or family. Thus, you need professionals to ensure that your property is well maintained. So its value increases over time and does not cost you more than it earns.