Property Management

INDIA

PinnacleGreenHomes Developers is expanding its operations to Chennai, India, to cater to the real estate needs of Non-Resident Indians that plan to settle or are have property interests in Chennai. We are quite aware of the NRIs’ concerns of safety and hassles in owning and maintaining properties back home.

We offer property management services for house, apartment/flat and commercial properties (shop/office building) in the city of Chennai. We will help you to identify, purchase, maintain and sell properties without mental or physical strain to your parents or loved ones.

We plan to extend this service to Bangalore and Hyderabad shortly. Stay tuned.

Property Management Package

This Annual Service ensures that your interests as a property owner are safe guarded. We take care of your rental properties (both residential and commercial) to ensure maintenance of your properties and provide you with peace of mind.

The property is assumed to be in Normal City Limits. If it is beyond the City limits, an additional Petrol charge will be levied. Please contact us for further assistance.

Services Offered

Collect monthly rent from tenants
Deposit into your savings or NRO back accounts
Paying Property taxes, Utility, Property Insurance and all other Bills related to the property.
Annual Cleaning: Every year, we will do an annual clean up of the premises. We will thoroughly clean your house with the help of professionals. We will remove the dust, cobwebs, oils, stains in the floors, walls, etc.
Ongoing Maintenance of the property: We will identify, validate and handle any repairs to maintain your property. For minor work (less than Rs. 3000), we may complete the work and get the payment from your escrow account. For major repair and maintenance (exceeding Rs. 3000) we will send you the quotation and will take up the work after approval and payment.
Assist in securing bank loans for the property: Details about the loans offered by various Banks and Financial institutions shall be provided with the information about the difference in rate of interest, the procedures involved in obtaining the loan. We will also assist in coordinating and securing the loan for you.
Monthly Reports: We will be producing monthly status updates of your property including rental details, any legal, maintenance, tenant issues and bills related to property to safeguard your interests
Note: PinnacleGreenHomes Developers will make reasonable efforts to make errant tenants pay up on time, but shall not be responsible for non-payment by any tenant. We will report to you immediately for follow up actions.

Additional Property Management Services

Once we review the requirements, we will be sending a proposal depending on the size and the nature of assistance you require.

Additional services include:

Sell Properties

We will assist you in the selling process and will scout for buyers as per your requirements. The order will be valid for a period of 3 months.

Find Tenants

We can find tenants on a rental or lease basis for a period mutually agreed between you and the tenant.

Apartment/House Construction supervision and monitoring

We will monitor the progress of the construction work and will report on the building work. We will monitor the work of the contractor or architect with the estimated milestone chart and will report to you. Service includes taking digital pictures of the building / site and sending it to you. We will also assist in obtaining legal opinion and other document issues related to the property.

Undertake Building/Construction

We undertake construction of Houses, Apartment buildings and office buildings. We have a team of architects and dedicated construction crew to build the properties to suit your tastes and need. Once we review your requirements, we will submit a proposal defining the timeline and our fees to undertake construction.

Fencing/Compound wall

We will assess the fencing requirements of your house and/or land and will send you a quotation. On approval and payment, we will monitor the work and deliver fencing/compound wall. The service fee is for a single plot. Digital pictures of the fenced plot will be sent after completion of the work.

Vaasthu shastra

Vaasthu Shastra is an ancient science which helps one to get the natural benefits offered by the five basic elements of the universe namely, Akash (SKY), Prithvi (EARTH), Paani (WATER), Agni (FIRE), and Vayu (WIND). Vastu Shastra can be applied by keeping in harmony with these basic five elements of nature. It is an edifice science that was developed by our learned people thousands of years ago. Its application today is purely architectural and its principles are based on becoming one with nature. We provide Vaasthu Shastra consultation for your house, apartment, office, plot, flat, commercial complex etc.

Property Taxes

This is the tax levied on the property by the local authority such as Corporation, Municipality, etc to the person in whose name the property stands. You can pay the property taxes through us and we will scan the copies of property tax bills.

Home Insurance

Home Insurance Premium will depend on the amount of coverage required, perceived value of your asset, age of building etc. We will recommend an appropriate plan based on your requirements.

Repatriation of rental (recurring) income

The cost of repatriating the rental income includes the cost of getting a tax clearance certificate from a Chartered Accountant. We will help you with repatriation of funds.

Repatriation of sale proceeds

Repatriation of sale proceeds of immovable property (other than agricultural land, plantation property, farm house) is now permitted subject to applicable RBI regulations. The cost of repatriating sale proceeds outside India includes the cost of getting a tax clearance certificate from a Chartered Accountant.

Bank Loans for Flats and House construction

Details about the loans offered by various Banks & Financial institutions shall be provided with the information about the difference in rate of interest, the procedures involved in obtaining the loan. We will coordinate with Bank to get loan approval for you.

Security Service

In case your parents or loved ones are visiting you in the US/Abroad for few months, we can provide security to your house to guard the valuables and take care of the property in their absence. On the subscription of the security services for 8 hrs, 12 hrs, 24 hrs we will coordinate and will visit your premise to find the security requirements for your house.