Property management is a practice of managing things involved in controlling, maintaining, and oversight of the apartment, house, bungalow, or any piece of land. These practices are applicable on residential, commercial, and real estate land.
Read MoreTag: nri property management
Tips to Consider Before Drafting a Rental Agreement
What is a Rental Agreement?
It’s a legal contract of the rental between a landlord and a tenant. It states the guidelines for temporary possession of the property. This agreement differs from a lease, which is for a fixed term.
Read MoreWhy Should You Hire a Property Monitoring Company?
Property management or monitoring refers to leveraging the expertise of operating, proactively controlling, maintaining and overlooking the real estate or any physical property that is residential, commercial and land real estate. It’s similar to business management practices.
Read MoreNRI Property Selling-Based Tax Exemptions in India
The Indian diaspora in the foreign might have a score of queries regarding the property selling and their tax implications. Many of them often fail to access accurate information over it.
This blog covers all those pain points and the areas capital gains & exemptions on them after selling the property.
Read MoreTips to Monitor NRIs Property in India
NRI’s problems related to property monitoring:
Do you own a property in India?
It’s a walkover if you live in India. You need not spend hundreds of dollars for visiting your own property. Neither would you worry about the encroachers. However, unscrupulous people tend to seize properties. But, if you make occasional rounds, it ensures that your fixed asset would be safe.
Read MoreTax Benefits for NRIs Over Real Estate Investment in India
The homesickness tends to attract non-residents in their native country. Their nostalgia compels them to plan for shifting here again after retirement. At that point, they often sweat out.
Read MoreWhat To Keep In Mind While Buying Property in Chennai in 2018?
Most of the non-residents live with deep pockets. But, they don’t want to keep all eggs in one basket. It implies that they don’t want to invest their pan hard earned money in an equity or asset.
So, what should they do?
Should they keep that money in a bag for the lifetime?
Absolutely no, not at all!
Read More