Property Management
Property Management is a most vital area especially for those who haveproperties in a particular area but are stationed at far flung places due to their business / service engagements . Property Management is a very vast subject dealing with maintenance of properties in professional manner, besides attending to timely payments of its tax liabilities, water / electricity / backup charges, leasing and collecting of timely rentals as well as advising the principal of its market value from time to time and market trends prevailing in the market as also in easy and smooth sale of the property, Incase of need.
Property if not maintained properly deteriorates day by day. Non payment of its maintenance charges to the developer or concerned agency / association sometimes results in disconnection of water and backup connections etc . Besides , non payment of electricity bills, property tax etc can lead to unpleasant situations of disconnection of electric supply and even attachment of property. Besides this If it is not kept properly neat and clean and its upkeep like paint / polishing is not taken care of , the same loses its sheen and salability at times of need.
Such properties are also likely to be on lease basis and for collection of timely and also incase of emergent needs of repairs required to the property , their must be someone to look after such affairs . But due to inability of property owners to look after the affairs of such property owing to their business/ service engagements outstation , one must give due care for its day to day maintenance , upkeep, repairs and or timely payments of its tax liabilities etc by engaging or hiring services of an efficient agency.
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