Property Management Services in Bangalore
End-to-end property management in Bangalore — tenant sourcing, rent collection, maintenance, society liaison and owner reporting. 8% of monthly rent. Built for NRI and multi-property owners.
Property management in Bangalore typically costs 8% of monthly rent plus one month's rent as a one-time tenant sourcing fee. PropertyVest handles tenant screening, rent collection, maintenance, society and BBMP compliance, and quarterly inspections, with every transaction visible to the owner in a single online dashboard.
Key takeaways
- Ongoing management fee: 8% of monthly rent; tenant sourcing: one month's rent, charged once.
- Rent is credited to the owner's NRE/NRO or resident account within 3 working days of receipt.
- Every unit gets a quarterly physical inspection with a dated photo report.
- Registered rental agreements, police verification and TDS handling are included.
Property Management Services in Bangalore — overview
An apartment in Bangalore left unmanaged loses money quietly — a two-month vacancy, an unresolved seepage complaint, a tenant who stops answering, a society that withholds the NOC. PropertyVest property management exists to close those gaps. We act as your local presence: sourcing tenants, holding the agreement, collecting rent, resolving maintenance and reporting back with evidence.
We manage apartments, villas, independent floors and small commercial units across Bangalore. Most of our owners live outside the city — Dubai, Singapore, the US, the UK, or simply another Indian metro — and need someone accountable who can be at the property the same week a problem appears.
Nothing happens invisibly. You approve tenants before the agreement is signed, approve repairs above your set limit, and see every rent credit, expense receipt and inspection photo in your PropertyVest dashboard.
What property management with PropertyVest includes
Listing, photography, shortlisting, employment and ID verification, previous-landlord reference and police verification filing.
Karnataka e-stamped agreement drafted in your favour, with escalation, lock-in, notice and maintenance clauses set correctly.
Rent chased, collected and remitted to your account within 3 working days, with a monthly statement and TDS tracking.
Vetted plumbers, electricians, carpenters and deep-cleaning crews. Fixed rate card, before/after photos, no markup on materials.
Maintenance dues, move-in/move-out NOCs, parking allotment, Bescom and BWSSB transfers, khata and tax follow-up.
A dated, photo-documented walkthrough covering fixtures, seepage, paint, appliances and unauthorised alterations.
Notice handling, damage assessment against the move-in report, deposit settlement and re-listing before the unit goes vacant.
How the process works
- 1Property audit
We visit, photograph and benchmark your unit against live rents in the same micro-market and give you a realistic rent band.
- 2Make-ready
Deep clean, painting touch-ups, plumbing and electrical fixes quoted upfront so the unit shows well.
- 3Marketing and screening
Listed across portals and our tenant pool; you see a screened shortlist with verification notes.
- 4Agreement and handover
E-stamped agreement, deposit collection, move-in inventory report with photographs.
- 5Ongoing management
Rent, maintenance, society, inspections, statements — reported monthly.
Pricing
| Service | Charge |
|---|---|
| Tenant sourcing (one-time) | 1 month's rent |
| Ongoing management | 8% of monthly rent |
| Registered rental agreementOnline, doorstep verification | ₹799 + stamp duty |
| Make-ready and repairsQuoted and approved before work starts | At actuals |
| NRI reporting pack (Form 15CA/CB support) | From ₹4,500 / year |
GST applies. No fee is charged for a month in which the unit is vacant and no rent is collected.
Documents you will need
- Sale deed or allotment letter copy
- Khata / property tax receipt
- Owner PAN and Aadhaar (or passport and OCI for NRIs)
- Power of Attorney if you are outside India
- Society NOC format, if your association requires one
Where we deliver this in Bangalore
Rents and tenant profiles differ sharply by corridor in Bangalore. A 3 BHK on Sarjapur Road rents to IT families on 11-month cycles; the same configuration in Yeshwanthpur rents to long-staying local families at a lower yield but far lower churn. We price and screen for the corridor, not the city average.
Frequently asked questions
How much do property management companies charge in Bangalore?
The market range is 6-10% of monthly rent for ongoing management, plus a one-time tenant sourcing fee of half to one month's rent. PropertyVest charges 8% ongoing and one month's rent for sourcing, with no hidden markup on repairs.
Can an NRI manage a Bangalore property remotely?
Yes. With a registered Power of Attorney, PropertyVest can sign agreements, collect rent into your NRO account, handle society matters and file police verification on your behalf. You approve tenants and major repairs from your phone.
Who pays for repairs, the owner or the tenant?
Standard practice in Bangalore is that the tenant bears consumables and minor repairs up to an agreed limit (commonly ₹1,000-₹2,000 per instance), while the owner bears structural, plumbing, seepage and appliance replacement. We write this into the agreement to avoid disputes.
Do you guarantee rent if the property is vacant?
We do not offer a rent guarantee, because guaranteed-rent models usually hide a below-market rent. We charge nothing during a vacant month, which keeps our incentive aligned with filling your unit fast at the right rent.
Is TDS applicable on rent in Bangalore?
If the tenant is a company, TDS at 10% applies on rent. For individual tenants, TDS at 10% applies where monthly rent exceeds ₹50,000. For NRI landlords, tenants must deduct TDS under Section 195. We track and reconcile this in your monthly statement.
How quickly can you find a tenant?
In active corridors like Whitefield, Sarjapur Road, HSR and Hebbal, a well-priced, make-ready 2 or 3 BHK typically closes in 10-21 days. Premium and large-format units take longer, usually 30-60 days.
Related services
Fixed pricing, one accountable case manager and documentation you can produce years later. Call +91 86604 58997 or book a free consultation.
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