Property Management Company

Property Management Company acts in best interests of a property owner. The company is primarily responsible for maximizing investment returns on real estate. They effectively maintain properties and keep them well occupied. Apart from this, they are also involved in collecting rents from tenants and maintaining records. A property owner should focus on 4 major areas while expecting profitable returns for their expenses. These areas include Facility, Administration, Marketing, & Occupancy.

A property manager should have extensive knowledge about Real Estate Market (present market status, ups and downs, etc). They need to learn about competitive rental rates and property types. After all, property managers are mainly responsible for marketing home properties. So, they should know about the tricky and effective promotional strategies and techniques to gain additional advantages. Expert property managers will always maximize the chances of occupancy & rental rates. Experienced managers will always handle the expenses & budges in the most effective manner. They mostly focus on the current real estate market scenario while fixing the rate. Experienced managers can handle the income tax as well as financial statement related issues in the most effective manner. A comprehensive report on the property’s financial status is reported back to the owner by Property Manager.

Property Management Company always searches for an ideal tenant. Once the ideal tenant is sorted out, company works accordingly to keep the property occupied. The manager takes care of tenant needs and requisites. Every necessary step should be taken to keep the place occupied by the tenant. In case there is some sort of problem faced by tenant, then it is the management company who needs to fix it. Also, the property manager will monitor strictly on the lease requirements & collect rents. In case the tenant creates trouble in paying rents, then Management Company has the power to take necessary steps for the eviction process. Assessing satisfaction with property’s amenities is another part of their responsibilities. It is the look out of manager to find what competitors are offering in terms of rental facilities, rates, etc. Accordingly, they need to roll the dice.

There are several property management companies in India. But the ones that top the list include:

Glisters International

Head office:

Churchgate Chambers, New Marine lines, Mumbai -400020

Branch office & Mailing address:

904, Valentine Apartments, B-1, C-Wing, A.K. Vadiya Marg, East Malad, Mumbai - 400097

Phone: 09833804005 | E-mail: info@glisters.com

Dhamu and Company

Head office:

2, D-Villa, Adjacent HDFC Bank,, Near Khasa Kothi Circle, Station Road, Jaipur, Rajasthan 302001
Mobile: +91 09829088366/9414062575 |Landline: +91 – 141 - 4021023

Registered office:

77, Civil Lines, Jaipur

Email: dhamuandcompany@gmail.com

Knight Frank (India) Pvt. Ltd

Mumbai Office Address:

Paville house, Near Twin Towers, Off Veer Savarkar Marg,

Prabhadevi, Mumbai - 400025

Phone: +91 22 6745 0101 | Fax: +91 22 67450202

EWDPL (India) Pvt. Ltd

1103 India Bulls Building, 11th Floor, Tower 2-B, Senapati Bapat Marg, ELPHINSTONE, MUMBAI - 400013

Phone: + (91)-9821078094

Jones Lang LaSalle (India)

Level 9 Tower A, Global Business Park, Sector 26 Mehrauli Gurgaon Road, Gurgaon Haryana 122 002

Phone: +91 124 460 5000 / +91 124 460 5001