With the world witnessing a huge growth in the number of people renting houses instead of buying one, it has become more important to have a streamlined process when it comes to renting out your house!
Chennai this year saw a huge surge in supply of ready to move in residential properties, especially in the high end and luxury segments. According to a recent report by Colliers, this surge can be attributed mainly because of the increased confidence amongst property developers backed by stable governments
Owing to recent policy reforms in real estate space, the sector has been witnessing phenomenal growth. This growth unsurprisingly is noticed not just in Tier 1 cities, but also in Tier 2 and 3 cities and towns. Regulatory changes such as Real Estate Regulation and Development Act 2016, Real Estate Investment Trust (REIT), Goods and Service Tax (GST), ease-in FDI restrictions etc are expected to bring about note worthy changes on the functioning of realty sector.
Hunting a dream house can be a daunting task for any tenant. Likewise, managing properties is the biggest challenge that property owners face. We witness these issues in our day-to-day lives, but when these concerns are captured in lens, it becomes easier for a layman to connect himself with the storyline.
If you are wondering, ‘How can professional property management companies assist you in your house rental?’ the answer is straight forward. Their offerings are mainly designed to simplify home renting experience – both for owners and tenants. But the question that has been causing havoc in the minds of landlords is to when it is best to opt for professional assistance.