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Commercial property management in Bangalore

It goes without saying that owning and managing commercial property invites a lot of hassles. Whether it’s choosing the right property, finding the right tenants, or dealing with additional costs to name a few, commercial property management can feel overwhelming and challenging to deal with. This is where PropertyAngel fits into the picture.

We come with the right blend of expertise and experience in helping our clients on all fronts when it comes to commercial property management in Bangalore. Regardless of whether you own a single property or many, we understand that it involves a lot of hard work. As such, our team of property management professionals is exactly who you need to manage your commercial property seamlessly. Our expansive network throughout the city makes us the go-to destination for commercial property management in Bangalore

What is commercial property management all about?

Property management is all about the professional management of commercial real estate properties. Naturally, this entails various aspects associated with a commercial property such as the collection of rent, taking care of daily proceedings, managing evictions, undertaking negotiations of leases, etc. In essence, the lease agreement with the landlord governs the role and responsibilities of the property manager.

Typical roles and responsibilities of a commercial property management company in Bangalore

The roles and responsibilities of a commercial property management company can be broadly divided into two categories: operations and finance. Let’s highlight how a property manager helps you manage either of these areas.

Operations

As a part of operations, property management ensures that the daily tasks and proceedings pertaining to the property are executed in a smooth and hassle-free manner. Going by the nature of the property, their responsibilities could include the following:

✓ The creation and execution of a property’s maintenance tasks. These tasks usually include regular inspections, repairs, and replacements of fixtures. 

✓ Ensuring that any upgrades in the property are taken care of. This usually refers to ventilation, air conditioning, electrical, and plumbing. Basically, it will ensure that your property is maintained in good order. 

✓ Maintenance and replacement of landscaping to make sure that your property (your office, for instance) looks presentable at all times.

✓ If the tenant of your commercial property has any specific issues or concerns, the property manager will address them at the earliest. 

✓ In the case of any urgent needs such as a power outage, broken pipes, or thunderstorms causing any form of damage to your property, it is the job of the property management service provider to make a quick response to these situations and have them sorted. 

✓ All leasing activity is taken care of. Good property management involves being acquainted with lease agreement status, trends in the market, and potential tenants who are looking for space to establish a commercial venture. 

✓ Staff management is one of the core responsibilities of a commercial property manager. They ensure that all staff requirements are adhered to, and even train them if the need arises. 

✓ In the event that the tenant fails to pay rent by the predetermined deadline, it is the responsibility of the property management expert to look into the matter and manage the eviction process of the tenant, if it comes down to such a situation. 

Finance

The other area of roles and responsibilities for the property management company is to take care of the financial ventures of the property. This includes:

✓ Property management ensures that the tenant of your commercial space pays their rent on a timely basis. The management processes cover the payment, credit, and deposition of rent without any hassles whatsoever. 

✓ Ensures that any form of late payment is done for sure. Any tenant late in payment is notified by the property management and the pending payment is duly collected. 

✓ Since the property owner is not present daily, they depend on the property management professional to give them detailed reports on the finances. These reports help to detail financial elements that are relevant to the daily and monthly proceedings of commercial space. 

✓ Property management helps you set the operations budget for your property. It is the mutual responsibility of the property owner and the manager to ensure that the financial performance of the commercial space is always top-notch.  

✓ They also ensure to deduct the required amount from the security balance if any part of the property is damaged during the period of stay.

✓ It is a usual occurrence for property owners to be unaware of the updated and existing worth of their property and as such, they end up signing on the dotted line only to end up with a low budget deal. With good property management in Bangalore, one can know the right value of their property and get the best tenant in the market.

How professional commercial property management in Bangalore can help you? 

Competent property management services take care of all operations and finances in your commercial space, right from the grassroots level and all the way to difficult situations. Our team is trained to help you find the most viable tenants quickly and thereby ensure that your property is not left vacant and unused.

It is also worth noting that we leave no stone unturned in finding the most suitable tenant, eliminating any unwanted hassles in the process. Moreover, you can leave it to the experts to show your property to your prospective tenants. As such, you can rest assured that you will experience a positive ROI from your property

Regardless of how tedious and time-consuming, all the documentation, paperwork, and formalities are, you can leave it to the property management company you have partnered with. As such, you can rest assured that you will experience a positive ROI from your property. Once your property is given to the new tenants for commercial use, property management ensures its maintenance. 

Working with PropertyAngel 

Our process of property management begins with an assessment of the premises to grasp the requirements of the customer. The premises are checked for their outside as well as the inside state. A rundown of any damages and fixes in the property is recommended by our specialists to assist you. All services will be taken care of by our experts. We make booked visits to check out the property and ensure its thorough maintenance.

You can be sure that we will only check those parts of the property as agreed upon. All rules and regulations are strictly adhered to, at all times. At PropertyAngel, we possess an exceptional track record of working with commercial property owners and helping them in managing their property requirements. 

Our experience lets us understand that owning and managing a commercial space takes a lot of time, effort, and resources. You can leave your property management woes in the hands of our professionals so that you can sit back, relax, and focus on other important aspects of your personal and professional life. Our range of services aims to take much of your daily property-related requirements off your plate. So whether you are hoping to earn an additional income or to make the most out of a long-held property asset, we are here to help!

Avial premium property management services in Bangalore

If you are looking for the best property management company in Bangalore that can provide you with reliable services, we are the one for you.

Whether it’s sourcing the right property or ensuring that the property has been leased to good tenants, our commercial property management experts do it all for you. Not to mention, we also manage all relevant rents and payments, including power and water bills. The high standards and quality of our services have cemented us as one of the premier property experts in Bangalore.

Partner with the go-to destination for property management in Bangalore 

PropertyAngel has a penchant for assisting property owners with any major issues whilst ensuring that one can sell their property or put it on the lease without facing any difficulties. 

We take good care of your properties and all the daily tasks associated with your property in Bangalore, India. Finding it a challenge to get trustworthy and genuine tenants for your commercial space? We got you covered. Not getting rent timely from your tenants? We will get it done smoothly for you. Ultimately, we provide full end-to-end commercial property management services in Bangalore that you can tremendously benefit from.

At the end of the day, we will take care of all your property matters for you and make sure that such matters don’t cause any form of disturbance to you.

The crux of your unmatched commercial property management in Bangalore is all about maximizing the return on your investment through the most transparent and high-quality services in the marketplace today. 

Get in touch with us to speak to us about your commercial property management requirements and we will tell you how our expert solutions can be of major assistance to you. Let’s make your property flourish! 

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