We all love summers. A summer season is incomplete without family reunions, picnics, and get-together. Likewise, home improvement projects are an integral part of summers. In fact, keeping your tenants comfortable during summers can be quite challenging in terms of energy efficiency.
With the constantly changing times, staying updated with new technologies is imperative for any business. The property management industry is no different. While you’re trying to take the best possible care of the properties entrusted to you, it is also important to remember the growth of your business.
Property managers or landlords have plenty of costs like building maintenance, repairs, updates, and interior and exterior paints to consider before renting out a property. There are wide varieties of products and techniques, available in the market that promises to reduce energy costs of the building.
Although, demonetization of higher currency notes caused a temporary slowdown on the realty market, this government step doesn’t seem to have any major repercussion on the rental market. The commercial/office rental market has continued to grow in the year ending 2016 and is expected to continue this streak in 2017 as well.
According to a recent report by GRI and Cushman & Wakefield, India is expected to see a surge in demand for urban housing for the period of 2016 to 2020. It has been estimated that 4.2 million units would be required to cater to the rising demand for housing in the top 8 cities in this duration.