Property management has become increasingly important in India due to the growing number of people investing in real estate. Property management companies help property owners manage their properties, including finding tenants, collecting rent, and handling maintenance and repairs. The following list of top property management companies in India has been selected based on their reputation, services offered, and notable achievements.
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List of Top Property Management Companies
NoBroker Property Management Services
- Overview
NoBroker is an innovative property management company that leverages technology to streamline property transactions.
- Services Offered
Their services include tenant management, rent collection, property maintenance, and legal assistance.
- Notable Achievements
NoBroker has won several awards, including the “Best Property Management Company” award at the Realty+ Conclave & Excellence Awards 2021.
Ajmera Realty & Infra India Ltd.
- Overview
Ajmera Realty & Infra India Ltd is known for its expertise in both residential and commercial property management.
- Services Offered
They provide comprehensive property management services, including facility management, lease administration, and property valuation.
- Notable Achievements
Ajmera Realty & Infra India Ltd. has won the “Developers of the Year-Residential Category Award” at the 11th Realty+ Excellence Awards 2019.
DLF Ltd.
- Overview
DLF Ltd is one of India’s leading real estate development companies, with a strong focus on property management.
- Services Offered
Their property management services encompass asset management, tenant relations, and property maintenance.
- Notable Achievements
DLF Ltd has won several awards for their real estate projects, including the “Best Luxury Project” award at the CNBC Awaaz Real Estate Awards 2021.
Godrej Industries Ltd.
- Overview
Godrej Industries Ltd is a prominent name in the Indian property market, offering a range of property management services.
- Services Offered
Their services include facility management, lease management, and property inspection.
- Notable Achievements
Godrej Industries Ltd has won several awards for its real estate projects, including the “Best Residential Project” award at the CNBC Awaaz Real Estate Awards 2021.
Assetz Property Services Pvt. Ltd.
- Overview
Assetz Property Services Pvt. Ltd. is a leading property management company in India that offers a range of services, including property management, construction, and real estate development.
- Services Offered
Their property management services include tenant search, rent collection, and property maintenance.
- Notable Achievements
Assetz Property Services Pvt. Ltd. has won several awards for their real estate projects, including the “Best Luxury Project” award at the Realty+ Conclave & Excellence Awards 2021.
Knight Frank India Pvt Ltd
- Overview
Assetz Property Services Pvt. Ltd. specialises in managing high-end residential and commercial properties.
- Services Offered
They offer bespoke property management solutions, including tenant screening, property maintenance, and financial management.
- Notable Achievements
Knight Frank India Pvt Ltd has won several awards for its real estate projects, including the “Best Commercial Project” award at the CNBC Awaaz Real Estate Awards 2021.
Cushman & Wakefield
- Overview
Cushman & Wakefield is a global leader in property management services with extensive operations in India.
- Services Offered
They offer a full suite of services, including property management, tenant representation, and strategic consulting.
- Notable Achievements
Cushman & Wakefield has won several awards for their real estate projects, including the “Best Office Project” award at the Realty+ Conclave & Excellence Awards 2021.
Prestige Estates Projects Ltd
- Overview
Prestige Estates Projects Ltd is a prominent property development and management company in India.
- Services Offered
Their services include portfolio management, property maintenance, and lease administration.
- Notable Achievements
Prestige Estates Projects Ltd has won several awards for its real estate projects, including the “Best Residential Project” award at the CNBC Awaaz Real Estate Awards 2021.
Frequently Asked Questions
1. Why should I hire a property management company?
Property management companies can help you find tenants, collect rent, handle maintenance and repairs, and ensure that your property complies with local laws and regulations.
2. What services do property management companies offer?
Property management companies offer various services, including tenant search, rent collection, property maintenance, legal documentation, and compliance with local laws and regulations.
3. How much do property management services cost?
The cost of property management services varies depending on the company and the services provided. Some companies charge a percentage of the monthly rent, while others charge a flat fee.
Read: What is Property Management?
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4. How do property managers handle property maintenance?
Property managers handle property maintenance by coordinating repairs and maintenance with contractors and service providers. They also conduct regular inspections to ensure that the property is in good condition.
5. What happens if a tenant doesn’t pay rent on time?
If a tenant doesn’t pay rent on time, property managers will typically send a notice to the tenant requesting payment. If the tenant still doesn’t pay, the property manager may take legal action to evict the tenant.
6. How are property management companies different from real estate agents?
Property management companies focus on managing properties for property owners, while real estate agents focus on buying and selling properties for clients. Property management companies handle tasks such as tenant search, rent collection, and property maintenance, while real estate agents handle tasks such as property listings, property showings, and negotiations.
