Category Archives: Property Management - Page 2

Rental: Flat for rent in Ramapuram, Porur area

This home, located at the heart of Ramapuram is very near DLF, L&T, SRM University (Ramapuram Campus), MIOT, Pon Vidyashram, St. Johns, etc. It’s a great home for people working or studying at the Porur/Ramapuram area.

Home for rent in Ramapuram, Porur area

  • 2 BHK, 1040 Sq. Ft.
  • Semi furnished with woodwork and A/C
  • 2 Covered parking. When one parking is becoming a luxury, here you get two for the price of one
  • Ground floor

Contact 9962612255 for details

Top 4 property management challenges in Chennai

Property management in Chennai, or India for that matter is a whole different ball game. First, the scope of PM is wider and critical than in other countries and second, the common PM functions are much more challenging.

The top 4 challenges for a property manager are

  • Preventing Property theft – The biggest challenge is property protection, we have to make sure that property is always owned by the true owner and someone doesn’t fake documents and sell it.
  • Finding problem-free tenants – Stories of tenants refusing to vacate is not that uncommon in Chennai. Finding good tenants involves a thorough background check and calls for having certain “vacatable-tenant” criterias.
  • Ensuring quality maintenance – When hiring someone for fixing repairs, you can’t just send in a contractor and hope the job will be done to satisfaction. First, you need to send a trusted handyman and on top of it, send a supervisor to monitor the quality of work. With labor shortages in Chennai, the quality of work is taking a huge hit.
  • Monitoring Land – Since many own land in India, PM services also include managing/monitoring of land to avoid encroachments, violations and other issues.

Although, the scope is wider and no shortage of challenges with common PM functions, Property management is still a rewarding job.