Are you an NRI wanting to landscape your garden, design your own topiary or set up a gazebo set up in your garden, hidden among a bed of roses at your property back home, whilst you’re settled far-off in Australia or Canada? The challenges of both an NRI buying property in India, as well as NRI renting a property in India, can be daunting in itself. Here’s a blog we’ve have compiled to enable you understand what NRI property management services in India are all about.
There are many professional firms, both established as well as startups, dealing with NRI property management services in India, who help the families of NRIs back home in the area of estate, farm and apartment management. These NRI property management services firm do a wide range of works from fixing a clogged pipe to constructing a rain water harvesting system to rent collection from tenants. Regular clients can be from many countries worldwide including the US, UK, Canada, Australia, Germany, New Zealand, Gulf countries, with a few clients from the far-flung African & South-American countries. The various NRI property management services in India may run from commercial property
rent-outs, managing tenant fees, transferring funds overseas or crediting advances—otherwise the responsibilities of a property manager. NRI property management service firms ensure prompt remittance of corporate taxes and water taxes and property maintenance taxes. They even undertake jobs like creating flower beds, interior decoration, garden landscaping and refurbishment. If NRIs own farms or farm houses, they also undertake crop plantation, fencing, payment to farmers and gardeners, caretakers and other field workers. Now, all these and more, in spite of the NRIs having relatives and friends back home, required professional hands—at economical services costs too. Professional firms involved in NRI property management services in India usually sign a one-year contract with the NRI client with an annual renewal fee. Even when it comes to NRI real estate investment, the documents required for NRIs to sell property in India requires a lot of preparation and can prove tedious and complex a process; this is where the role of a NRI property management firm can be so crucial.