A Rental lease agreement is an agreement that can be used when leasing a house or apartment building. When drafting such a contract, there is a lot of information that must be incorporated, such as how long the Rental lease agreement will be and the amount of rental fee.
Read moreGenerally Encumbrance means monetary and legal liabilities associated with it. Certificate of Encumbrance acts as a proof of legal ownership of a property. Encumbrance Certificate tells the transactions of records of a property and explains whether they had any claims. If a property has no legal claims against its title, then a property owner receives a non encumbrance certificate. Generally, banks also demand for encumbrance certificate if you apply for a home loan. Now we know better why do we need it. You can see the format of Encumbrance certificate containing seven fields. We will be discussing each of them in detail.
Read moreWho is a Property Manager: Proper Manager is an intermediator between a landlord and a tenant. As a landlord you might hire a property manager to hit property management services in your area.
Read moreA property management company takes on various responsibilities, from leasing your property to handling day-to-day operations.
Read moreInvesting in real estate in India is an attractive option for many Non-Resident Indians (NRIs). Whether it's for long-term investment, retirement planning, or securing a steady rental income, the Indian real estate market offers a plethora of opportunities.
Read moreFinding the right company for professional property management for NRI is a huge decision that will have an immense impact on the success of your leasing business. After all, the Right Property Management Professionals for NRI are going to be the eyes and ears and hands and feet of the NRI property in your country. Their actions would impose an enormous influence on whether you have a profitable and well-organized operation or a slow and fading business.
Read moreManaging your rental contract must be an uncomplicated and straightforward procedure. Sustaining the growth of properties is the outcome of an efficient Rental Property Management, maintenance, and marketing program. Each of your customers has particular needs and a useful management or sales program has to be adapted to meet those requirements. We are here to help you with all the Formalities needed to build a customer relationship with you based on your specific requests. Here we go!
Read moreProperty management is a third-party contractor's daily control of the residential, commercial, or industrial real estate. Property managers are often in charge of day-to-day repairs and continuing maintenance, security, and upkeep of buildings. They typically work with investors who own apartment and condominium complexes, private home communities, shopping malls, and industrial parks.
Read moreThe Foreign Exchange Management Act (FEMA), which is overseen by the Reserve Bank of India, governs the purchase and acquisition of immovable assets in India by non-residents (RBI). For FEMA purposes, a Non Resident Indian (NRI) is an Indian citizen who resides outside of India. OCI refers to a non-Indian citizen who was born in India or whose parents or grandparents were born there (Overseas Citizen of India). For the sake of our discussion, I will refer to both NRIs and OCIs as NRIs because they are considered equally for real estate investment. The provisions that apply to NRIs and OCIs are the focus of this discussion.
Read moreLet us first clear what is property management. It is the operation, maintenance, and oversight of real estate and physical property. Commercial, residential, and land real estate are included in the term property. On the other hand, like any different management role in any business, management means real estate needs to be cared for and monitored, taking in accountability for and attention its useful life and condition considered.
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