Property Management
Property management services for property owners in chennai
PROPSY Homes rented and managing more than 1,000+ properties in Chennai, India. As an professional property management firm, we offer expert care for property owners and tenants. Whether it’s one property or a property portfolio, our service is tailored to your needs.
Property Management Services
PROPSY’s main priority is safeguarding your property and ensuring all you have to do is sit back and collect rent. Our integrated management, property owners, and renting team work together to provide a seamless delivery of property management services ranging from:
Advertising and Marketing of Your Property
Understanding the rental value of your property is the first step in advertising your property.
What is a property valuation and how it works
Our property experts will arrange an appraisal to ensure your apartment fulfills its rental potential ahead of advertising to the market. During the appraisal, we will have a thorough walkaround of the property, both interior and exterior, and any common areas.
We will also discuss the entire property management service offered by PROPSY as well as give you the opportunity to ask any questions you may have. We will also give you a copy of our Terms of Agreement for your reference so that we are transparent on all costs associated with managing your property.
Unlock your property's full potential with Propsy property management
We pride ourselves on offering a comprehensive range of services designed to maximise the potential of your property investment. Here are four key strengths that set us apart:
Expert Local Market Knowledge
PROPSY Property Management’s team offers valuable, up-to-date insights into local property markets, ensuring you make informed decisions to maximize your investment returns
In-House Maintenance Teams
With dedicated in-house Property & Maintenance teams, PROPSY can efficiently handle property upkeep and updates, saving you money compared to external contractors while maintaining your property’s market desirability.
Cutting-Edge Marketing Solutions
PROPSY has advanced marketing tools and social media presence to attract right tenants and enhancing the security of your investment.
Comprehensive Regulatory Guidance
PROPSY helps NRI property owners navigate complex Indian tax regulations, ensuring compliance with Government regulations and offering personalized assistance through a trusted accounting partnership, providing peace of mind for your tax obligations.
Advertising and Marketing of Your Property
We ensure your property receives maximum exposure across a range of platforms & negotiate with enquiries and applicants and convert these into bookings to minimise void periods on your property.
How the advertising and marketing of your property works
Our in-house Marketing Team and Property Manager will visit your property to take professional photographs. They will also create a write up of the fixtures and fittings of your property as well as the local area and its amenities.
Your property will then be marketed on a range of platforms to ensure that it is getting maximum exposure. All enquiries will be answered by the dedicated telecalling team and Property Manager for your property, and they will book in visit for the property as soon as possible in order to minimise property vacant time.
The property visits will be carried out by the same member of staff to ensure consistency and knowledge expertise. Following visits, tenant details will be sent to you to approve and start the ball rolling on getting right tenant to move in as soon as possible.
What is an accompanied Property Visit?
First impressions count! Our dedicated Tele-Callers & Property Managers are the knowledge experts on the properties that they manage and will present your property to prospective tenants. In an accompanied property visit, property manager will give full guided tours to each prospective tenants of the property, common areas of the building and local areas to ensure they are seeing everything there is to see and that they can make an informed decision when it comes time for them to ask themselves the question “do I want to live here”.
Your property will be presented in the best light Our team is passionate about all of the properties in our portfolio and always ensures they are presenting your property in the best light throughout the tenant journey by building relationships from the get-go.
As knowledge experts, they are best placed to answer all applicant questions such as, “where is the nearest supermarket?”, “where is the nearest hangout” or “where is the nearest bus, metro, or train station”. Whatever the question, we ensure that we always have an answer.
Tenant Selection and Tenancy Agreement Compilation
PROPSY provides landlords with the peace of mind by fully referencing all prospective tenants to ensure that you have high-quality tenants.
How the tenant selection process works
We protect your property as if it was our own! We will provide you with peace of mind by fully referencing all prospects to ensure that you have high-quality tenants living on your property who can meet the financial requirements to make rental payments.
Tenant selection process
Our identifying process is very in-depth with checks on employment, Government and Income. If any red flags are found, they will be noted on the referencing report, and it will be your decision whether to proceed with the application or not.
Tenancy agreement compilation
Once all prospects have passed the identifying process, your dedicated Property Manager will arrange the compilation of the tenancy agreement ensuring it sets out the legal terms and conditions of your tenancy along with issuing all Prescribed Information prior to residents taking occupation of your apartment. All tenants and guarantors will be required to sign the tenancy agreement ensuring that it is legally binding.
Legal Support & Finance Team
PROPSY’s Legal Support & Finance Team: Your partners in secure property management, offering rent protection, legal expertise, and financial solutions.
What happens if tenants don’t pay their rent
If the unfortunate circumstance arises with a tenant not paying their rent, we have got you covered. We are partnered with an insurance provider to offer Rent Protection Insurance at additional cost. This gives you the peace of mind that if a tenant misses their payments, you will still be covered by the insurance policy in place.
Serving of Legal Notices
We have seen it all over our 10+ years of experience in the property industry, so we know how to get your property back into your possession as quickly as possible. From late rental notices and rental increases to re-possession notices, our team will ensure the correct serving of any notices which can be crucial when it comes to winning any court cases or having them move out before a hearing.
Dedicated Finance Team
PROPSY’s dedicated in-house Finance Team focuses on maximizing your return on investment and processing your rent as quickly as possible. Our team will also chase rent arrears, ensure your deposit is protected, and provide you monthly statements of your account so you can see all income and expenditures.
Property management for NRI owners
We work with a large number of NRI owners and therefore we are experts in processing payments to international bank accounts and dealing with NRI tax. This can be very confusing for anyone new to overseas earnings and the tax implications, so our team is more than happy to help and answer any questions.
Property Maintenance & Regular Property Inspections
Compliance is so important in the property industry, so it is only fitting that it is one of PROPSY’s company values.
As a property owner, you must ensure that your property is fit and safe for habitation. our property management team will take all of the stress out of this for you and ensure that your property is present and up to date.
We carry out regular inspections throughout the year (every 6 months for residential tenants and once in a months for students) where all aspects of the property are checked to ensure there is no damage, all systems are working correctly and any potential hazards are dealt with before they become a problem. PROPSY’s Property Management team carries out all routine inspections along with thorough check-in & out reports in order to document any issues whilst ensuring tenants are aware that they remain liable for the good condition of the property during the tenancy. All reports will be sent to you as the landlord to ensure that you know the condition of your property at all times.
Free Online Landlord Portal
At PROPSY, we are committed to simplifying the property management experience for our valued property owners. Regardless of whether you are a landlord based in the India or overseas, we offer a convenient online landlord portal that grants 24/7 access to your property information. In this article, we will walk you through the benefits and functionalities of our online landlord portal.
Financial Statements
Access to detailed financial statements related to your property.
Tenancy Documents
Convenient access to all tenancy-related documents.
Legislative Documents
Easily review important legislative documents pertaining to your property.
Professional Photography
View professional photos of your property to showcase its appeal.
Tenancy Renewals
Stay updated on tenancy renewals and related information.
Checkouts
Track upcoming checkouts and related details.
and more
The portal is a comprehensive hub of information and resources for landlords.
When you first partner with PROPSY, we initiate a streamlined onboarding process designed to ensure your property is ready for the market. This process includes professional photography and walkthroughs of your apartment, as well as assistance in gathering all the necessary legal documentation required for renting your property. For vacant apartments, we conduct a comprehensive inventory and create accurate property reports, ensuring that your property is well-prepared for the rental market.
Once you become an PROPSY’s property owner and we have successfully onboarded both you and your property, your dedicated Property Manager will provide you with a unique link granting access to our landlord login system.
Our property owner portal seamlessly integrates with our internal property management system, ensuring that all information is kept up-to-date in real-time. You can access this portal from anywhere in the world, making it convenient for landlords, whether local or international.