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Everybody works to have their dream home. And along the way, you would require professionals for interior designing your house. Now, for transforming the vision of your dream abode into reality, you can approach the interior designers in Delhi NCR; they come with varied years of experience in interior designing for homes. Also, they cater to your rental management requirements, if any.

Additionally, you can rely on the property management company in Delhi NCR for your property management for rent needs. Whether you’re looking for design experts for interior designing for home or interior designing for bedroom, the interior designers in Delhi NCR are only a call away.

With impressive interiors, you can enjoy the benefits of driving up the rental value of your house too.

Though several companies are engaged in interior designing in Delhi NCR, yet you need to consider various aspects when making your choices

#1. Know your style

As part of interior decorating your home, you want your individualistic attitude to reflect, right?

Here, you must know what your style is. Then, accordingly, you can guide the interior decorators to go about doing their job while lending your personalized touch.

Of course, designers have their signature style too. Even so, the best in the business must be able to adjust to your preferences.

#2. Check some portfolios

Assuming you know how your house is to be revamped and have shortlisted some designers that match up to your personal tastes, you may want to read more about their work and browse through their portfolios next.

Going through customer testimonials can also help you make up your mind whether they are suited to perform the given job or not. Additionally, check out their previous creations and assess whether they are in line with your vision.

Plus, a background check helps to know the years they’ve been in business and their level of expertise.

#3. Financial Considerations

Interior decorating your home can be an expensive affair. Thus, you must tread cautiously, especially if you’ve financially prudent. While some interior decorators work at fixed fees, you may have to pay on an hourly basis for others.

A good strategy is to discuss your requirements with a few designers; more so, request them for quotes. That said, depending on whether you can afford the designer or not, you must pave the way forward.

#4. Be open-minded

Interior designers are always buzzing with new ideas and they may discuss the ones that they find suitable for your home. However, in some cases, they may try and impose their suggestions upon you too, so be cautious.

Nevertheless, you must also make sure that you listen to their suggestions and think them through. Though you should keep an open mind, yet avoid making hasty decisions.

In all, you must make a balanced decision; ponder over all related aspects thoroughly beforehand – if you want your money’s worth that is.

#5. Always compare notes

When choosing an interior designer, ensure that you both can work in sync when brainstorming design ideas. Share your initial plans and allow them to give their inputs, opinions and discuss the challenges.

Always choose designers that are flexible and can sit your sensibilities in their creations while incorporating your ideas in the final blueprint.

#6. Go ahead and sign the contract

Upon deciding your designer, the subsequent step would be to call and let them know your decision. Make sure to read the contract carefully too. Sign the contract before work commences; also, do not pay anything earlier. The contract must include budgets, deadlines, responsibilities, among other important clauses.

#7. Start Planning

After selecting your interior designer, follow by making your plans. Decide the rooms you want to remodel and the materials needed. Of course, you must consult your designer on all aspects. More so, if you would like to keep some old artefacts, inform your designer about such decisions.

#8. Adjust your schedule

If you’re a working professional, then you’ ll need to divide time between your work and designing your home. As such, you may need to be at home for particular parts of the project, so update your co-workers and arrange for leave if required. Also, work with your designer and discuss your availability for pursuing the project during the given timelines.

Main focus: Clean lines to balance the young and enthusiastic vibe of an entrepreneurial couple with a comfortable and fun-to-be-at home.

The client subscribes to the belief that less is more when it comes to designing the interiors of a home. This is extended with the thought that simple home design leaches to ease of living.

This philosophy also reflects in many of our interior designing projects, and it’s what attracted a couple building a custom home in the South Delhi area of India. Our interior designer was brought in at the start of the process, and the team started working closely with their builder. So as to create a sophisticated yet comfortable house that capitalizes on its pastoral surroundings; the island kitchen and in line family room demonstrate the team’s success.

The Client

The house is located on a posh location in South Delhi surrounded with a beautiful park, so retaining the unrestricted view from the balconies was a must.

The client couple are a successful young entrepreneur, who bought this house in a contemporary block in the South Delhi area, with a desire for a home that expresses their life style: dynamic, informal and incorporating elements of their background not just in terms of their interests but also to match the comfort quotient.

LuXia was given the task of putting all these pieces together, choosing the finishes, the furniture layout, the lighting, free standing and bespoke furniture, and soft furnishings to create a home that is full of life and captures the client’s essence and character: a lively vibe in a relaxed environment where they can feel comfortable either on their own or when entertaining guests.

The Brief

In our first meeting to discuss the brief, the client gave us very precise information about what they wanted, not just in terms of visual reference but also about how they wanted to enjoy the space:

Feel: Homely and lively. They like soft colours and unconventional wallpaper.

Functionality: The social aspect is important as they plan to invite friends regularly for parties; storage space as they do not like clutter; Future planning is on scale, so a kid’s room area is very important; a very comfortable couch and a wall mounted unit for the TV. Modern look; table for terrace and lighting, wall mounted air conditioning; for their bedroom they want a big wardrobe; bathroom: additional storage space and change colour scheme; and an open-plan kitchen with ample lights.

Our Interior Designing

Almost all the elements of the house we were absolutely clear of when we started to develop its interior designing. The client was very particular about maintaining and reflecting their vibe in their newly build home. So, we worked and planned every corner of the house as per their expectation.

Our plan was simple; to give exactly what the client desires. For this, our interior designers started off with the kitchen and the sitting area. To define the kitchen and sitting area, we designed a white granite-topped, walnut display shelf. The kitchen boasts of traditional Shaker-style cabinetry and Carrara marble counters and backsplash.

The kitchen opens to a breakfast corner where a glass roundtable is artfully paired with bright red Windsor chairs to introduce a balanced splash of vibrant colour. We also designed a cabinet that beautifully displays the couple’s pottery collection along one wall.

Almost all of furniture is new to the house. Except for an existing Baker sofa which was reupholstered for the sitting area. We selected a complimentary metal coffee table and wood-framed chairs, to create simple, soft lines with a touch of modern.

The entire space of the house was colour coordinated to match the kitchen and living area and the wallpaper was selected based on the client’s preferences of colour and feel. The bedroom and the powder room were to contain calm vibes. So, we maintained the request by using light colours on the wall, and on the curtains. The powder room was designed with ample wardrobe cabinets and a floor-to-ceiling mirror.

As asked by the client, the terrace had modern seating arrangements with a rustic table and matching chairs. We also went ahead and decorated the terrace with valued plants for a fresher and drawn-out aesthetic look.

For the kids’ room, a neutral shade of white and yellow was used to keep the options open in the future. In the bathroom, the colour for the walls was a darker hue of than that of the floor tiles. Above the long side of the bath, a lighter tile was chosen, in the same design.  A wall mounted unit for storage was proposed, similar in colour to the vanity unit, and accessories were suggested.

The Highlights of our Interior Designing

• We make most efforts to keep the things simple, without too much clutter, this allows the details to show. We used the same colour metal for hardware, light fixtures, and drapery rods—and they are more perceptible because space is not cluttered.
• Our designers worked close to the client’s main concept.
• We look for different ways to add interest. Here, the interior doors are painted a different colour from the trim and walls. Also, the pottery collection steals the limelight.
• With tall ceilings, there are tricks to communicating more human balance to space. Hanging sconces and low pendants bring the eye down.
• We used one flooring material throughout the house to keep things flowing. It opened up space.
• Display shelves are a great way to introduce what is important to the client.

Each Project demands a personal approach, our aim is to capture the way the client wants to live their life and translate that in beautiful surroundings that inspire them and ultimately give them happiness.

Looking for interior designing of home? Contact us to get started.

contact@theluxia.com |   +91 9810505543

Dwindling stock markets amidst the recession is driving Real Estate to the center of investment portfolios. Yet, buying new property or owning many valuable properties might not be enough. Investors and property owners can take full advantage of the shift only with property managers that have foresight.

Often, the absentee owners misjudge the need for NRI property management. They make all the effort and overspend to manage their property but end up frustrated. Not only does their property lose value but, they also miss out on rental income without realizing it.

Professional property management can mean a sea change for your investment plans. Before we look at what is achievable by hiring a Property Management Company, let’s briefly understand what it is!

What is Property Management?

Imagine what would happen if your home lies in neglect while you are abroad. Its value would depreciate over time. Your property would be at the risk of being used or occupied illegally. It could be swallowed by property sharks. Finally, you would have to spend a lot of money for repairs and renovation when you take back charge.

In short, your property would become a liability of sorts. Property Management is meant to avoid all these and turn your home into a profitable investment! Moreover, it is intended to generate passive rental income besides ensuring gradual value appreciation.

By confiding your property in the safe hands of a property management company, you are ensured that it:

• Remains the top choice for tenants.
• Generates a steady income.
• Retains its value in the rental and resale market.
• Does not lag in style and comfort.
• Is in tune with the latest interior designing
• Undergoes maintenance regularly.

Over the years, property management companies have overtaken the role of traditional brokers in the rental market. In fact, they have added new dimensions to renting. There is little wonder that property management companies are judged by their rent management services.

Why is Rent Management so important?

Rent Management is tied intrinsically to the very logic of property management. It creates a win-win situation for both the property managers and the owners.

How?

Rent management is directed towards generating a regular flow of optimum rental income for the owners. A part of this income is invested in maintaining, repairing, renovating and interior designing so that the property remains in-demand. This also ensures that the property increases its value at a higher rate than it would have without being professionally managed. A fraction of the rental income forms the property manager’s fees.

Your rental income, the income of property manager, and the value-expansion of property are all dependent upon effective rent management.

What can owners expect from Rent Management Services?

Rent management is not just about money. It is more than that. It is obvious that income generation from property is the chief concern of an owner and property manager. However, the prerequisites for steady rental incomes are more than just setting the rent and finding a tenant.

The main challenge of rent management is minimizing the vacancy period and finding the RIGHT tenants. It is the right balance between occupancy and rent that matters. It ensures maximum annual rental income.

• Minimizing the Vacancy Period – How?

Property management companies undertake the following tasks to maximize the occupancy period.

1. They conduct elaborate neighbourhood surveys and rental market analyses to decide the best possible rent your property can fetch.
2. They mark possible tenant types in the area. Depending upon that, they suggest renovation and interior designing tasks that would make the property attractive to prospective tenants.
3. They advertise your home to the right people through multiple channels.

• Who are the RIGHT tenants?

High occupancy is not enough in ensuring a good rental income. A lot depends upon the kind of tenants your property draws. Right tenants are those who:

1. Have a clean police record.
2. Have a regular source of income and can pay rent in time.
3. Wish to use the property for positive and productive purposes.
4. Are not reckless. Else the repair and maintenance costs would go up!
5. Are not renting for a few months.
6. Are most likely not to vacate mid-season.

The property maintenance company’s experience in handling and selecting tenants counts!

Property managers lay special focus on tenant experience. They organize walk-throughs, handle everyday issues that arise during their stay, prepare agreements and help them in moving their stuff. This goes a long way in ensuring smoother rental payments.

Is it a good idea to avail rent management services exclusive of other property management services?

Property management services include home maintenance, interior designing and budgeting besides rent management. You can opt for these services depending upon a number of factors:

• How long are you going to stay away from their property?

If your stay outside the city where your property is located is about to conclude, you may only require rent management. It has to do with income, and no one wants to lose out on that! You might prefer to go for renovation, designing and repairs in your presence. Elaborate budgeting exercise would not be needed in such a scenario.

• How old is the property?

There is no question of changing the interior designs of a new home.

• How long do you wish to retain the property?

If you are planning to sell your home in the near future, interior designing has to be done accordingly. There is a difference between interior designing for renting, resale and personal use.

• When was your home’s last renovation and makeover?

There are two types of property maintenance tasks. Routine maintenance tasks include payment of bills, taxes and housing society charges. They may include minor repairs. You have little choice regarding these.

Occasional maintenance tasks include major repairs and renovation, and checking that the property is not overstepping any laws and regulations. These may not have to be carried out every season.

Similarly, interior design should be carried out with tenant needs and net rental income in sight. There are a few thumb rules for that like spaciousness, neutral wall paints, dark floors and strong fittings. You may require renting focused interior designing services when you convert your home into rental property for the first time. Subsequently, interior designing services would be required only once in a few years. To match with the new trends!

If property is your long-term investment…

Owners of multiple properties and those that seek to retain valuable properties as long-term investments need all property management services. Or let’s say that’s the best option for them! They get maximum benefits as property is maintained and designed season after season with the aim of rental income.

When all management tasks are geared towards single purpose, the results are better. They get income forecasts in advance which helps in financial planning. Moreover, they save precious time, energy and money, while the property value continues to rise in their absence.

Own a property in India which is sitting idle in the real-estate market? Our property managers can help you earn money out of it. Just like we helped our NRI client from Canada by rendering our interior designing and assured rental service.

Know more about it below.

About the Client

The NRI client lives in Canada and has a property in Noida – India. He purchased the property in 2010 for himself, but had to move to Canada in 2012 for work. Since then the property is lying vacant with local guardians keeping a casual eye every now and then.

Property: the client owns a 3BHK flat of 4500 Sq ft in one of the well ranked locations of Noida, which comes under the NCT area of Delhi, India.

Client’s Problems

The client’s property was looked after a local acquisition who could not dedicate his time to the client’s property sufficiently. For this reason the property’s value and quality was degrading with time. Also, the property asked for a facelift as per the modern times to make it look aesthetic and more functional.

The property bought by the client a decade ago was not giving any monetary benefit to him ever since. He even tried to rent out his flat through the local guardian but ended up making loss. As the tenants were kept without verifying, and they harmed the property big time. Also, the rent of the property was also quoted too low as per the market norms.

Being an NRI it was not feasible for the client to travel to India to manage his property frequently. Therefore, this time he was looking for professionals to take care of his property and give him some monetary benefits through the property.

Client’s Requirements

The client was looking for a NRI property management company preferably in Delhi NCR – India. He was looking for a professional to cater to his property related requirements.

He wanted a property management company to redo his property’s interiors and then put it out in the market for residential renting. The client also wanted to ensure that the tenants are rented after proper verification and for long term.

Along with this he also wanted to virtually monitor all the activities on the property and see the rent receipts and other important documents online.

How LuXia’s Noida team helped the client

Interior Designing and Assured Renting of the property without the need of the NRI owner to travel to India

The very first requirement of our client was met as he did not have to travel to India in this entire span of 2 years to manage his property. Everything was taken care of by our property managers in Noida.

Our property managers also shared an online portal with the client so that he can see the important information like rent receipt, bills, work progress etc. on the portal.

Here’s how we helped him with our services.

Interior Designing

As asked by our client LuXia’s in-house team of interior designers went to the property to study the designing requirements. We also conducted a video conference with the client to walk through the property with the owner. And to get an idea of his interior designing interests so that we can incorporate them in the property.

After sharing the idea with the owner our interior designing team started working on the property to mold it into an aesthetic and easy on functionality property. The interior designing work was finished well within the timeline. And was shown to the client again via video conferencing.

Assured renting with steady increase in rent for 2 years

After the interior designing of the property, LuXia started with the marketing of the property through various channels to find an appropriate tenant for the client’s property. After strict and careful screening of the applications, LuXia chose a suitable tenant for the residential property.

Our property manager for the NRI client ensured proper police verification before renting the house to the tenant. We also got the rent agreement and other necessary documentation in place to go as per the India federal guidelines. We also made sure that the client received appropriate rent as per the market norms. And also the rental income increased steadily over the two years.

LuXia’s value-added services that made our NRI client smile!

• Guaranteed Assurance – all our rental management services come with an assurance of maximum Return of Investment and peace of mind.
• Dedicated Property Manager – the client got personal attention by a single point of contact for all their property related concerns.
• Law & Regulations Compliant Rental Property – we made sure that landlords property is compliant with the property laws and landlord tenant laws in India.

Get in touch

You too can save a lot of your time and money and get high Return on Investment (ROI) on your property. All you need to do is get in touch with our NRI property management company in Delhi NCR and we’ll handle all your property requirements.

contact@theluxia.com | +91 9810505543

There is a huge difference between interior designing your home for yourself and for renting.

When you design your home for yourself, the usage and comfort of your family is the chief consideration. On the contrary, rentier interior designing is aimed at raising its value.

That does not mean that the utility and comfort of prospective tenants are out of the picture. It’s just that it’s not the main concern in the case. That’s the reason why designing your home as an absentee owner is best done with property managers.

Why should you hire a Property Management Company for Interior Designing?

Let’s get straight to the reasons:

1. Know Your Tenant before they Move-In

Property Management Services for NRIs carry out dedicated rental management services. Property Managers carry out neighborhood surveys and know the kind of tenants that your property is likely to fetch.

You can get the interior designing done keeping in mind the usage and comfort of your prospective tenants.

This converts to higher rental incomes and thus you can invest more in interior designing. This in turn ensures that your property remains in high demand and consistently increases its value.

2. Better Management of Expenditure

NRI Property Management services carry out detailed budgeting exercise to forecast your rental income.

you know the earning from your home in advance, you can decide better how much to invest in it.

This also ensures that there is no extra burden on your pocket while you are away. The interior designing is done gradually instead of in one go. Property managers keeping the tenant needs in mind. High priority interior designing tasks are carried out first. Most importantly, all the designing expenses are most likely to be borne out from the rental income itself.

3. Your Home Deserves the Best – So do your Tenants!

You could be enthusiastic about interior designing. You may even know about the latest trends and designs. However, that is of little value when you are away. We will see below how your interior designing knowledge, insights and preferences could be put to good use.

Let’s understand for now that interior designers from property management services are best suited to makeover your home.

Why?

• They have the knowledge about local trends.
• They can gauge the needs of the prospective tenants better.
• Discussing ideas with them ensures that your home and tenants get the best out of two designer’s opinions. (You would be a bit of an interior designer too!) Few people wish to leave their home entirely in the hands of property management companies!
• Property Managers and Interior Designers know the vendors. They often deal with them. The vendors charge them lesser than an occasional customer.
• It is tough to take care of finer details when you are away. Interior designers are trained to deal with them.
• You save time, money and energy on interior designing. Besides, interior design from specialists is sure to leave a great first impression on tenants during walkthroughs!

Is Hiring Property Management Company for Interior Designing enough?

Interior Designing is a sort of an exception in all the property management tasks. Unlike rental management, property maintenance and budgeting, owners can have a greater say with interior designing.

Rentier interior designing is much different from the usual interior designing for home. Here are a few tips that help you achieve maximum value increase with controlled expenditure. Using your interior designing imagination in tandem with professional interior designers from Property Management Company would be really fruitful.

1. Spatial Designing

The spatial needs of tenants could vary. They could be entirely different too. The rule of the thumb is keeping the design as spacious as possible. It ensures that prospective tenants will seldom dislike your property.

2. Dark Flooring

Tenants use homes differently than owners. They do not bother about renovations and maintenance. Choose dark flooring and dark-colored carpets for interior designing of house. That reduces maintenance and renovation costs. They would not have to be deep-cleaned or replaced every season.

3. Neutral Paints

Unlike interior designing for yourself, you would have to control your designer urges in case of wall paints. Just keep it simple! Avoid experimentation!

Tenants focus more on functionality of house than style. It is important to choose paints that help the natural lighting of the interiors.

Always buy a little extra paint for mid-season or end-season finishing. That helps maintain a fresh look of the interiors.

4. Comfortable Bedrooms

Consider investing in the comfort side of bedrooms. They should be spacious and well lit. There is no harm in taking the property manager’s advice regarding in-vogue trends for interior designing for bedroom. They would know better about tenant expectations.

5. Tenants place special emphasis on Bathrooms and Kitchens

Prospective tenants would turn down your home if they are not satisfied with bathrooms and kitchens. Good looks are no substitute for highly functional and easy to use bathrooms and kitchens.

The fittings need not be stylish, but they should be strong. Ensure lots of working and storage space in interior designing for kitchen.

The bathrooms should be easy to clean for the tenants. Choose the tiles and flooring accordingly. Avoid too many and bulky fittings. Focus on the quality of fittings rather than looks.

Making your Interiors attractive for Renting

There is plenty else that you can do to compensate for the style element. The look and feel aspect cannot be neglected in totality. By asking the interior designer to focus on a few simple things and cheaper measures, your interiors would look pleasing.

• Make de-cluttering the entire space a priority by adjusting objects. Push the extra furniture items to the store.
• Replacing the old switches imparts a new look and reduces repairing hassles.
• Make sure that the lighting blends nicely with the new interiors. Allow natural light to do its wonders.
• You need not control your creative instincts while choosing the curtains. They have a huge bearing on the overall looks.
• If there are large open spaces, divide them into two or more smaller spaces. Each of these spaces can have a meaning and purpose of its own. Again, no need to repress your creative skills here!
• Adding a few paintings and sculptures here and there will send a positive message to the tenants.

Make your Home the first choice of Tenants with Professional Interior Designers

There cannot be a definite formula for interior designing a rental property. Much depends upon tenant preferences. However, simplicity, maintaining spaciousness, quality materials and fittings and cost-efficient decoration are the rules to go by. Backed by the experience of an interior designer, you can convert your home into a highly functional and charming space.

With the services of a professional interior designer from a property management company, your home would be the first choice for tenants.
Get Started now by emailing us whatsapp us your query!

contact@theluxia.com | +91 9810505543

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The Property management working process is a series of steps undertaken for value retention and maintenance of the property. It is aimed at generating passive income for NRI/absentee property owners.

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Property Manager is an individual who acts on behalf of absentee or NRI landlords to retain the value of their property. Property Managers look after your property in your absence while ensuring it generates a steady income.

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Making your property a source of rental income as an NRI homeowner is just the beginning. While it can ensure a steady ROI, there are bigger issues that need to be addressed. Experts claim that staying competitive in the rental market is dependent upon a far more pertinent concern. It is the gradual augmentation of the value of your property that matters ultimately.

Whether your property is under constant use by tenants or it is lying vacant, its value will depreciate. Physical obsolescence is the straightforward reason for declining value. However, often the overlooked aspects are aesthetic appeal and comfort. Internal looks of your home, indoor accessories and space-use should not make your property obsolete. No tenant would want to opt for a home that has outdated looks and a sluggish feel!

It is here that interior designing services step-in. A property management company would offer the following services for an internal makeover of your home.

1. Space Planning

Space planning is aimed at making the most out of the space available to you. Residential property management would allow you to have crucial insights into making the space dynamic and efficacious. Space planning involves spatial analysis, feasibility analysis, demographic and lifestyle survey of surroundings etc.

2. Design Modelling

You would surely have a blueprint of the kind of interior designing you wish to have. Everyone has! Property mangers take over from there onwards. They would discuss your ideas and provide you a 3D model of how it is going to look. It is known as conceptual design. It allows you a real feel of the design. You can thus visualize the plan and discuss the changes you would like. This process can do a couple of rounds before you finalize the design to your satisfaction.

3. Detailed Designing

Your residential property is made up of several spaces, each with a particular use. Detailed designing allows you to lay special emphasis on each block and corner of your residential property. In simpler words, it is the designing of each room separately. It works on the consideration that the sum is greater than it parts. Property management services would offer you the following:

• Bathroom and Kitchen Designing
• Living Room Designing
• Bedroom Designing
• Children’s Room Designing
• Balcony Designing
• Hall Designing
• Guest Room Designing
• Store-room Designing

4. Materials Recommendation

Most NRIs wish to invest in some specific materials while going for renovation. Property management services for nri mediate between your ideas, wishes, desires and utility, efficiency and latest trends. They recommend appropriate materials to ensure that your property remains durable, aesthetically pleasing and comfortable. By close consultation with property management experts you are sure to add real value to your home sitting remotely.

5. Furniture Design

If voguish furniture is an essential part your home-interiors aesthetic imagination, there is more good news for you! Property management experts would guide you towards incorporating your imagination into space planning and modelling. Additionally, they would be helpful with bespoke furniture designing, window designing, and soft furnishing etc.

6. Fittings, Wardrobes and More

If you love minute details, there is nothing to worry. You can give regular inputs and decide each fitting that is going to change the living experience. From bathroom and kitchen fittings to door and windows, ultimately you decide the feel and pleasure of living. Latest modular kitchen styles and home automation systems add immensely to your homes functionality. Wardrobe designing and false ceilings take your property towards becoming a design masterpiece.

7. Paints, Colours and Lighting

No matter how particular about interior design details someone is, painting and lighting create the first impression. Choose from an unbelievable number of options. Integrate Vaastu-shastra and Feng-shui insights into the design. Decide the wall-designs for children’s and baby rooms. You can also avail specialised LED lighting and lighting design services. Give your residential space the ultimate vibe with professional interior designers!

Interior designing is a serious investment that you make into your property. You would not want to miss on details. For this reason, the professional property management companies offer you a real-time and periodic visual reporting system. Ultimately, it is your home and you should have maximum control over its look and feel.

However, if you don’t wish to move into your home soon, you can benefit immensely from rent management services. They would ensure your investment creates a regular flow of income for you. Besides, your property would be immune to devaluation. In fact, it can augment its value with professional property maintenance, despite the real-estate market trends!

Rent management is aimed at deriving appropriate and regular rental income from your newly renovated home. It ensures reduced vacancy periods, healthy usage of property, trustworthy tenants, high market value and competitive rents.

Whether lying vacant or due to tenant use, your home would demand maintenance. Property maintenance services offer you:

• Regular Repairs and Inspection.
• Timely payment of bills, taxes and builder maintenance charges.
• Compliance with prevailing and recently changed property laws and regulations.
• Safety and security from property sharks.

In case you have just bought your home, you might require pre-possession services. The list of pre-possession formalities is long. Often, even in their presence, the owners miss crucial details. It could be next to impossible if you are an absentee owner. Pre-possession formalities involve documentation related and on-site tasks.

Documentation includes obtaining of about a dozen certificates, agreements, deeds and slips besides the registry from government. On-site verification means checking the quality of fittings, doors & windows, paints, drainage outlets and construction material. Property managers specially check areas prone to leakages and cracks.

Interior Designing can convert your Property into a lucrative investment!

Owning a residential property is a dream for many. To enjoy the living experience in your dream home in future, you cannot compromise on its comfort and style. If your new residential property is a conscious investment, it has to stay competitive in rental and resale market. Interior designing and property management services from experienced companies assure income flow and value improvements. It is time to say goodbye to interior designing checklists. Just calmly supervise the renovation of your property remotely!

contact@theluxia.com |   +91 9810505543

Managing your property from far away is an arduous task. Few NRIs think of selling their property if it is located in a posh locality. However, NRIs that own property in India have multiple anxieties.

There are two main roots of these anxieties.

There is the issue of safety and upkeep of the property. Parallel to it is the concern regarding the loss of value invested into the property.

No one wants their property to be used for wrong purposes or by irresponsible tenants in their absence. Still more, a property that is not maintained depreciates in value. Eventually, it loses out in the rental and resale market. It might even become unliveable!

Thanks to the professional property management companies, NRIs can now relieve themselves of their property maintenance burdens. Often, a property management company combines various interrelated services. For example, rent management and maintenance over a period of time go hand-in-hand. Similarly, pre-possession formalities and preparation of registry papers are usually done in quick succession.

The overall focus of NRI rental property management services is the following:

1. Allow the NRI homeowners to convert their property into an income-generating asset rather than a liability.
2. Manage the various billing, paperwork, legal, and agreements related formalities in the absence of the property owners.
3. Ensure good upkeep of the property so that its value gets enhanced gradually.
4. Help the homeowners who stay away from their property to keep control of their property remotely. Involve them in all important decisions. Supply them regular reports. Allow them to participate in real-time in the renovation, repair and, interior designing.

No NRI would want their property to lie in waste when it can generate a steady income. The underlying logic of rental property management for NRIs is as follows.

Professional property managers ensure you maximum rent from your property. A fraction of that rent goes into maintaining the property. A part of the savings from the rent goes into repairs, renovation, upgrades and, interior designing. A small fraction goes as the charges of property managers. The remaining amount is your income from your property.

While you earn your income, your property is being maintained for you. Besides, the value of your property keeps on increasing all this while. Basically, it is a triply beneficial deal for a very small fraction of charges. Besides, you save your precious time and energy.

How can Residential Property Management companies ensure you steady rental income?

Professional Residential property management companies maintain a dynamic database of prospective tenants. They market your property in the rental market to reduce the vacancy period to a minimum. They also ensure that your property derives the maximum possible rent by highlighting its advantages.

On the flip side, the company would also ensure that competitive rents are set. Your property would thus not lose out in the rental market. Timely collection and transfer of rent from the tenants is also the company’s responsibility.

What all services can you expect from Property Management Services for NRI?

Generating rental income from your property is the foremost task. Much else needs to be done for overall property management.

#1. Finding the Right Tenant

Doing a proper background check is an essential property maintenance service. You would not want your tenants to have questionable backgrounds. Besides, property managers will carry surprise inspections to ensure that your home is used for productive and positive purposes,

#2. Maintaining the Property

This is the next big responsibility of Property management services for nri after rent management. It has three aspects:

• Bills and Maintenance Charges: Property managers would make sure all the bills are paid in time. Besides, there could be housing society monthly/annual maintenance charges as well. With a property management service you would no more need to keep a checklist of dues.
• Regular Repairs: Repairs have to be made after the tenants leave. Before a prospective tenant is coming to have a look, everything should be in right place. There are plenty of fittings to be checked for their functioning every month. Property maintenance services maintain links with plumbers, electricians, masons and carpenters etc. to carry out regular repairs.
• Renovation and Interior Design: Sometimes, your property would require refurbishing both from inside and outside. Its interior design could have become outdated and the paints too dull.

Your property should remain attractive to tenants. Besides, it should keep up with the changing trends so that it can compete for value. Property management companies will contact you to confirm all the details of renovation. With periodic visual reporting system, you can decide when to go for refurbishing. You can even participate with designers in real-time from remote location as your home gets a new look.

#3. Documents and Pre-possession Formalities

Rent agreements have to be signed with tenants. In case you have just bought the property, it has to be registered with the authorities.

There are about a dozen documents that a new owner needs to obtain.

These include allotment letter, land-use certificate, mother deed, occupancy certificate, transfer certificate, NOCs, receipts of the property tax etc.

However, with the experience of property managers, you are ensured to not miss out on any crucial document. Your property would not run the risk of overstepping any local, state or national regulations. It would always comply with latest property laws.

There are a number of other pre-possession formalities that your property management company can do for you. These include:

• Checking the quality of electricity and water connections.
• Seeing that bathroom and kitchen fittings are working.
• Inspecting the woodwork and tile-work.
• Ensuring the parking space.

Overall, it is meant to ensure that the seller/builder has kept the word.

With Rental Property Management Services, NRI owners can now Relax!

Creating a rental income channel from your property as an NRI homeowner has become a lot easier. You would also be ensured that your property increases in value gradually. Favourable markets play their role, but good rents and higher value can only be ensured by good property management. Thus, you need to relax by entrusting your property in the hands of a competent property management company.

Get started with our NRI rental property management services.

contact@theluxia.com |    +91 9810505543

Globalization is driving India’s fast urbanization. Metropolitan urban agglomerations, cities, and towns are already contributing more than two-thirds of India’s GDP. Amidst this sweep, the Real Estate sector has just begun to come out of slumber. Thus, seeking property maintenance services from professionals seems a great idea.

Investments are pouring into purchasing and the renovation of the property in the hotbeds of India’s urbanization. Big cities like Delhi-NCR, Bengaluru, Mumbai, Pune, Hyderabad and Chennai are leading the way, but second-tier cities like Jaipur, Ahmedabad and, Raipur etc. are in no mood to lag behind either.

Why let your home depreciate lying in neglect when Real Estate is picking up?

The Real Estate sector has begun to tick again. However, the dynamics of globalization are pushing an increasing number of people into becoming absentee proprietors.

The reasons are simple.

The enticing rate at which the value of properties is rising is enough discouragement for NRIs to sell them. It is also not uncommon for professionals and entrepreneurs alike to be compelled to stay away from their home soon after investing their hard-earned money into buying a new residential property.

NRIs and absentee homeowners living in India can now heave a sigh of relief.

Now that the Property Management companies are taking root, the glad tidings are that their residential properties will no more have to suffer from reckless tenants or physical obsolescence.

Why hire professional Property Maintenance Services?

Professional Property Management companies are set to gradually replace one of the chief functions of local property dealers and brokers.

That is – finding the right tenants.

However, there is plenty else that a Property Management company can deliver than just assuring that your residential property does not lie vacant.

Maintenance, Repairs and Renovation

Your home will lose value if it is not cared for.

Regular maintenance saves repair costs. Occasional renovation makes sure that your property stays in-demand in the rental market by keeping with the latest trends of interior designing and external looks.

Property management services for NRI homeowners maintain contacts or have in-house maintenance workers like plumbers, electricians, carpenters, etc. Besides, they also help you link with contractors, vendors and suppliers in case you wish to directly involve yourself with the repairing and renovation work from a remote location.

Paperwork and Additional Charges

This can be a real pain in the neck!

Soon after buying a new home, you would need to pay a number of property pre-possession charges. These are often hidden until very late in the deal and come as an unpleasant surprise from the developer.

These may include, stamp duty, holding charges, labour welfare charges, GST and connection charges for water, LPG, electricity, etc.

Besides, you need to get your property registered with the government. If you are already a homeowner, it has to be ensured that the maintenance charges and bills are paid in time.

Finally, it has to be routinely checked that your property complies with property laws and different local, state-level and national regulations. Residential Property Management companies cut this hassle by taking care of it all.

Maximize Rental Income

Rents rise as development projects progress and the housing market surges.

However, all owners compete to make the most out of it. Ensuring that your residential property derives you the rent it deserves and you maintain a steady flow of rental income is a challenge.

This is where professional property managers step-in. Their rent management tactics ensure that optimum rents are set for your property even as vacancy rates are kept in check.

Besides, they also ensure timely payment and collection of rents.

Find Responsible Tenants

No one would want their property to go into wrong hands in their absence.

Property management companies carry out strict security checks before renting your home to ensure that tenants do not possess a criminal background.

Their experience counts in ensuring that your home is used in a responsible way, for good purposes, and it does not lose its charm.

They often carry inspections and represent the owners in case of conflict.

What services can you expect from Property Management Companies?

Residential Property Management companies employ dedicated teams to save your time and money whether you are a new buyer or already a homeowner.

Their income depends upon saving your money; thus, they will put in maximum efforts to ensure that your property’s value keeps on rising slowly yet steadily.

This is a win-win situation for both the company and the homeowner. Typically, the services they offer include:

1. Pre-possession and Registry formalities: Property registration can be frustrating and time consuming and yet you might end up having incomplete or improper documentation. Besides, most people also end up spending extra money for lack of guidance.

A Property Management company ensures that all the documents that you would need as an owner are obtained in time.

These include, encumbrance certificate, allotment letter, no-dues letter, land-use certificate, registry (with the government), sale agreement, mother deed, completion and occupancy certificates, no-objection certificate, transfer certificate, property tax receipts and deed of conveyance.

The company also checks that the quality of doors, windows, construction, bathroom and kitchen fittings, switches and electrical fittings and tiling, etc. is in accordance with the commitments made by the seller/builder.

2. Property Maintenance and Interior Designing: This involves keeping your home in good shape and comfort-level in accordance with the latest trends.

You would be communicated of the maintenance needs of your home, and if needed, you would also be informed about the suppliers and contractors, besides the maintenance tasks carried out at regular intervals.

You would also be given a choice of interior designers and designs so that you can remotely participate in transforming your home the way you like it.

With Property Maintenance services, you no more need to keep a track of bills and charges. They would pay it on your behalf. They would also send you pictures, reports, copies of bills and other necessary documents so that you can keep a track-record of your home.

Some companies even allow real-time tracking with a client portal. All you need to do is log-in to your account and get all the details, bills and other critical information.

3. Renting Services: These include rent evaluation, marketing of your property so that it does not remain vacant, conveying tenant demands and expectations, rent agreements, security checks, inspections, providing tenant choices and bargaining for rents that your home deserves.

Thus,

Managing your property is not a mean task even when you are around. But it is next to impossible if you are far away.

There are plenty of tasks to ensure that you extract unhindered income from your property while also augmenting its value. This could be too much to be left for the family members and relatives.

Professional Property Maintenance services providers do that for you at very reasonable rates to save your precious time and money.

It is time to say goodbye to home-repair checklists, brokers and local property dealers!

Get in touch with our property managers to get benefited.

contact@theluxia.com |   +91 9810505543