With more and more people not staying at one place for long due to frequent changes in job and
business, a need for someone who can manage the existing property has arisen. Also since people
have moved from their ancestral place, in search of jobs and business, a need has arisen for
someone who can look after the ancestral property and maintain it. There are individuals or
companies who offer these services at a cost are the Property Management Services companies or
consultant. The services offered are much more than that of a property dealer, real estate broker or
real estate agent. Property management is the operation, control, and oversight of real estate.
Property management involves the processes, systems, and manpower required to manage the life
cycle of all acquired property including acquisition, control, accountability, responsibility,
maintenance, utilization, and disposition.
The companies or firms providing property management services are expected to perform the
Monitor the plots and empty houses
Manage the rental of residential, commercial or agricultural properties
Ensure renting, rent collection and maintenance of the property
Visit the property periodically and ensure that the property is in good shape and no
Take care of the repair and maintenance of the property so that its value does not goes
Make payment of all type of taxes to the concerned authorities
Take care of any disputes, with the authorities or any other agency
There are different types of property managers,
Property and real estate managers. These are the people who manage the operation of
income-generating commercial or residential properties. They make sure that the earnings
from the real estate investments achieve or exceed the projected revenues.
Community association managers. They work on behalf of the property owners with regards
to communal property and services of cooperatives, as well as planned communities.
Onsite property managers. They are supposed to look after the day-to-day operations of a
single property, such as residential apartment or an office building.
Real estate asset managers. These property managers plan and direct the purchase, sale,
and development of real estate properties on behalf of businesses and investors.
You can use this website to get information on the top property management services companies in
India and would also find nearby local property management services companies.