Archives February 2021

The rising need for Property Management Companies in India

Technological advancements play a crucial role in the success of any business, in today’s fast-paced times. Yes, technology ensures the smooth delivery of services. Now, as part of the services of a property services company, the property specialists use technology to monitor your rental properties seamlessly.

With the steady rise in demand for housing and the development of the rental market, the need for property management companies has only grown.

Some cities in India such as Delhi, Gurgaon, Chennai, Hyderabad, Mumbai, and Bangalore boast rapidly-growing rental markets. The reasons for this boom in rental markets across these cities are tax cuts, governmental rules, and the exponential growth of rental management services.

Also, because the Reserve Bank of India has cut the repo rate to 6% from 6.25%, the sales of properties are bound to go up. Moreover, home buyers are likely to invest in properties because of cheaper loans.

As per reports of Fastfox, the rental business is pegged at $32billion.

With people migrating to these cities in large numbers, the demand for housing will shore up, which will drive the rental business. More so, rental trends such as Co-living spaces and Shared living, which are promoted by property management companies, are gaining traction in India.

However, a professional interior designing company in Delhi opines refurbishing the homes before letting them out. In turn, the homeowners can gain from higher rental values.

NRIs are buying properties:

NRIs are gaining from favorable market conditions in India. A prominent property management company in Delhi will vouch that they are investing in luxury and economy homes. Doing so increases their earnings via capital appreciation and higher rents.

Going by a recent survey, the affordable housing segment offers returns ranging from 8 to 10 percent. Also, the mid-housing segment, luxury segment, and ultra-luxury segment are generating returns of 6 to 8 percent, 3 to 5 percent, and 2-3 percent, respectively.

Lately, both NRIs and Indian residents are propelled to invest in such properties. The rental assurance and transparency in the dealings that property management service companies provide are fuelling this trend.

Under NRI property management services, the professionals also work with builders to convince home buyers of assured rentals. In the process, the unsold inventories translate into sales.

Furthermore, due to the rapid pace of inventory sales, home buyers find difficulty managing multiple properties. So, they rely on property management firms for rent collection and property management.

Maintaining the rental properties is paramount because the depreciation value of properties decides the return on their investment in property purchases.

NRIs are increasingly depending on property managers to maintain and safeguard the property, as well. By doing so, their properties remain habitable for occupying later on.

Nowadays, property management companies are handling the rental market while providing the benefit of seamless transactions to their clients too.

A property management service Gurgaon uses digital marketing platforms for renting out the properties within a short period, as well.

The property managers are conducting background checks on prospective clients. As such, they study their employment and police records to make sure the prospects are looking only to rent a property.

Additionally, they inspect the properties periodically and give regular updates to the owners.

For the maintenance and repair works, they also coordinate with house vendors to perform the given tasks – all without the owner not having to worry about the labour costs.

Besides, property managers are responsible for drawing standard contracts. Such agreements contain rules and regulations that both parties have to comply with. All this contributes to a hassle-free renting experience.

Plus, the property management experts use analytical tools to research the prevailing market rents for all districts.

Further, they inform the owners about the rental market costs of their properties. They base their estimates on land rates, locality, construction charges, and proximity to popular junctions.

Also, because rental homeowners are busy working professionals, they are not able to strike a balance between their careers and the management of their assets. As a result, many flats are not rented out and remain vacant. Nonetheless, by hiring property managers, they can curtail their losses.

However, with cities developing at a fast rate, the rental market and demand for housing will continue to boom. Yes, homebuyers prefer long-term investments – such as residential and commercial properties – over volatile markets.

More so, NRIs would benefit by heeding the advice of property managers to redo the homes beforehand. As such, renowned interior Designers in Delhi can work at affordable rates to renovate your homes. So, you can then charge higher rent and earn extra revenue.


On a concluding note, property management companies are here to stay. As a property owner, you can avail of their services for managing your rental property hassles. Moreover, you can be assured of the quality of tenants, for they conduct in-depth screening of the prospects and sift out the best ones.

Contact our property managers. |    +91 9810505543

10 Tips for First-Time Landlords

Owning rental property is advantageous in various ways. As such, you can earn more income via rent and increase your net worth. Even so, if you’re a first-time landlord, you must consider hiring a rental management services company to help you get the most from your property investment.

You can also follow some tips to help you make the right decisions.

  • Go tenant hunting

To become a landlord, you need to search for tenants. To spread the word about your rental property, you can use the services of apartment listings. You have a variety of property sites to choose from. However, make sure you research the property-related websites before doing business with them.

Under the rent management system, to advertise your property, you have to write a short description of your unit and post some striking photos. Plus, you must give details about the address and the rent costs.

  • Select tenants wisely

To gain success in the rental game, you must select your tenants wisely. Yes, you want occupants who can afford to pay rent and stay for a long time or at least about a year.

Importantly, you must conduct background checks and study their criminal history and credit score beforehand. Additionally, you must meet the potential tenants to know about them.

  • Maintain a written record

Always follow a paper trail for any dealings with your tenants. Ensure that all agreements between you and your tenant are signed and in written form. Of course, you might be tempted to skip the legalities, but you may then end up losing rent money if they refuse to pay up or move out as agreed upon.

The lease agreement between both parties should contain details about the property, rent rates, and stay duration. The contract must have details about the expenses that the tenants have to incur.

If you need help drawing a lease agreement, you can consult a professional rental property management company.

  • Account for your taxes

Some first-time landlords work with tax planners or accountants who have experience filing taxes for landowners. These professionals can guide you in managing your expenses and documents. More so, they can determine if you’re charging rent as per the market standards.

  • Determine your working hours

Communicate to your tenants that you’re available at only specific working hours. If they call at odd hours, let it go to your voicemail. Call back only in case of urgencies.

  • Do not rent to friends and family.

All rental property management service companies’ general recommendation is to refrain from renting your property to family members or friends. Many relationships have gone haywire when doing so. Evicting strangers is far more accessible, as well.

  • Take photos before and after renting.

A good strategy to safeguard your interests is to click photos before the tenants move in. Then, you have a record of any existing issues and can deduct money for any repairs from the security deposit.

  • Simplify the payment process

Talk to your tenants about the payment modes that are most convenient for them. With easy payment systems, you’re more likely to receive rent on time. Online payments are the popular payment methods to collect rent. Or, you can avail of the services of a reputed property management company in Delhi NCR for your rent collection needs.

  • Hire a Property Management Company

Hiring NRI property management services is beneficial in many ways. Yes, the property specialists offer guidance on managing your rental property. Besides screening the tenants, they can also help marketing your property and rent collection.

  • Sell the ultimate living experience.

For attracting tenants, you can work with renowned interior designing Delhi firms to redo your unit with furniture and furnishing items. A beautifully-decorated home can invite many inquiries, and you can choose the best ones from the lot.

Applying a fresh coat of paint, and using scented candles for a sweet fragrance, when they come visiting are other ways of drawing tenants.


As a first-time landlord, you’re bound to make some mistakes. Nonetheless, do not be disheartened if that is the case. If you fail, get back and try again. Remember, life is a learning experience. Only keep in mind to be honest in your businesses with others, which adds to your credibility.

Get in touch with our property managers to get started!

Interior Designing based on your Zodiac sign


Different zodiac signs have particular traits. So, keeping in line with your zodiac sign, you can opt for Interior Designing solutions that depict your personality. Yes, certain features are associated with specific zodiac signs, and you can have those facets reflect in your home interiors.

Plus, by decorating your home, you can enjoy the benefits of higher resale values. You may also want to consider selling your house to somebody who shares the same zodiac sign as you. You never know, you could end up getting a better price for your home – if the client is interested in astrology.

Interior Designing based on your Zodiac signHere we have listed some home decoration themes as per the varied zodiac signs.

  • Capricorn

Capricorns strive for perfection and are gung-ho about traditionalism. So, popular interior design ideas for this zodiac sign entail refurbishing their homes with conventional yet sophisticated patterns.

Besides paying attention to luxurious details, a Capricorn’s home must also boast of the classic touch.

  • Aquarius

An Aquarian’s home should have an artistic touch and streaks that display modernism. Also, Aquarians emphasize self-improvement and love to entertain.

So, keeping all that in mind, the living room’s interior design must have fun elements, albeit with stress on comfort.

Other elements to express their personality and find a place in their homes are geometric and abstract blueprints.

  • Pisces

Pisceans love to socialize, so their home must be adequately comfortable and luxurious to host many guests.

To reflect this zodiac sign’s easy-breezy personality, the interior design bedroom experts will imply building spacious homes to facilitate the free flow of air. Light and soft tones are additional elements to indulge this zodiac sign’s members.

  • Aries

Some of the Aries zodiac signs’ characteristics are minimalistic design, positivity, and liveliness. So, the interior designer would advise applying Scandinavian patterns.

Any property management services company will vouch because the rental values go up significantly if houses are refurbished for matching International tastes.

  • Taurus

For the Taurus zodiac sign, interior decorators usually choose earthy tones and simple designs.

Members of this zodiac sign fancy blends of the past and present. So, the magic word here is industrial, masculine, yet contemporary.

If you’re planning to rent your home, any rental management company will advise you to redo the home stylishly to fetch the best prices.

  • Gemini

Both the social and intellectual bubbles find resonance with Geminis.

However, for self-evolution, the best strategy while redecorating a Gemini home would be to decorate their walls with refreshing colors. Adding plants in their home is also a good way of displaying their artistic side.

The rental property management professionals would also want the interior design experts to add more homes to drive up the rental values.

  • Cancer

When it comes to the Cancerians, their homes must have a welcoming and friendly touch. So, interior decorators go with pastel and neutral shades to create an intimate atmosphere for recreating Cancers’ personality.

If your Cancerian client plans to put the house up for rent, a prominent property management company in Delhi NCR opines will use natural textures and blue color tones for a light and good effect – to imitate what the Cancer zodiac sign is all about.

  • Leo

Their home decoration style should be rich in aesthetics in the Leo zodiac sign. Because Leos pay attention to detail, their homes should have timeless decorative items.

The home accessories and decorations should also come from the eclectic zone for an exotic effect.

  • Virgo

Virgos feel at home in neat and clean spaces. Additionally, their choice of the color palette includes natural tones. So, your pick should be white, grey, and beige to redo their homes among soft colors.

  • Libra

Librans have creative and colorful personalities. They aspire to do things differently, too.

To decorate a Libran home, loud and bright colors such as green, blue, and yellow are good choices.

  • Scorpio

Scorpios are nature lovers and fans of everything innate. Here, the interior design specialists should consider adding white, gray, black, and brown tones to decorate a Scorpion home.

  • Sagittarius

Sagittarius are social beings and infuse life into every party they attend. So, their homes must also be a reflection of these personality facets. Pay attention to detail when furnishing Sagittarians’ family rooms and living spaces.

Plants, relaxing furniture, and sweet-smelling scents are other aspects of decorating their homes.

Reach out to the professional interior designers to redo your home as per your zodiac sign now!

If you’re investing in property, you must surely give importance to making your personal spaces aesthetically-pleasing and comfortable. Our NRI property management services recommend giving your home an interesting twist by redoing the rooms as per zodiac sign traits. If you plan to rent out your home, you can later benefit from higher rental prices.