Property maintenance and management has become a growing need for the NRBs. Being thousands of miles away, finding the right tenant, collecting rents, and taking good care of property become almost impossible.
We can help you overcome these issues at a very minimum cost.
We provide hassle free property management services in Dhaka, Bangladesh.
Our team of experts can help you provide the following solutions:
One Time Apartment Rental: Looking to put your property for rent. We can help you find prospective Tenant(s) for your Apartment(s) or flat and will provide the following services:
- Advertise your property online and on newspapers to find the right Tenant as per your requirements.
- In-person property tour for prospective Tenants.
- Short listing, Screening and Verifying Tenant’s profile/background.
- Negotiate with the Tenants for the desired Rent (Excluding Service Charge, per Flat per month) and advance/security deposit for at least 3 months.
- Preparing the ‘Tenancy Agreement’ on behalf of the owner incorporating all possible clauses.
- Finalizing the ‘Rental Agreement’ with the ultimate Tenant(s) and briefing them about the by-laws (rules) of the ‘Association/Management Committee’.
Our team can provide your monthly management services for your properties. We work in the best interest of the Flat/Apartment Owner at all times while looking after the property along with the tenants. We can help you with the following service:
|Collection of ‘Rent’ from the Tenants on behalf of the Owner.|
|‘Rent’ depositing to the nominated Bank Account of the Owner.|
|Payment of ‘Utility Bills’ (DESCO, WASA & GAS) to the respective Authorities or Bank Booths.|
|Participating (periodically) in the ‘Owners Association Meetings’ on behalf of the Owner.|
|Ensuring that the Tenants shall pay all ‘Service Charge’ in time.|
|Providing assistance to the Owner to pay ‘Municipal Tax’& ‘Land Khazna’.|
|Periodic visits to the Apartments to ensure that the Tenants are looking after the Property as per Agreement.|
|Preparing ‘Statement of Accounts and Receipts’ (quarterly) and sending this to the Owner for records.|
We will help you manage your tenant, collect rent, handle minor grievances and also ensure periodic inspection and reporting. People who are simply too busy to manage it.
We will inspect your property, take pictures and make an inventory checklist of all the items available in the property (furniture, fixtures, etc.).
We will help you draft and finalize the rental agreement with your tenant. If you are not present in Dhaka, you can provide a limited / specific power of attorney to your representative or us. In such cases, power of attorney adjudication charges and lawyer fee will be billed extra.
|Explaining Restrictions and Responsibilities to the Tenant
We will explain the limitations, restrictions and responsibilities of the tenant towards the usage of the property at the time of signing the rental/lease agreement.
|Exit Inventory Check
When your tenant vacates on completion of the lease period or on termination, we will do a thorough inventory check against the inventory list. We will then send you a report for final settlement. Guidance can be provided.
Four (4) inspections in a year at periodic intervals or on a need basis are included in the package. Actual visits will happen with prior appointment subject to availability of the tenant. A report will be sent after inspection. Extra visits will be charged separately.
|Utility Bill Payment
We can facilitate utility bill payments (electricity, water, maintenance) provided the monies are received well in time. Such assistance is restricted to direct payments from you and is not applicable for tenant payments.
We can look after the Property of the Owner by ensuring that it is properly maintained. We can provide with the following services to some extent (within our range):-
- Repairing, like-tiles, electrical, plumbing works.
- Renovation work.
Our Charges for the above work:
Actual Cost of Materials + Actual Wages of Labors /Mechanic/ Technicians + our service charge (which is variable but reasonable). All such works will be done under our supervision but with prior approval of the Owner on estimated costing/expenses.
Key Holding & Supervision of Vacant Flat:
Flat Owner (Local or NRB) who wishes to keep his Property ‘vacant’ (but in livable condition) and use occasionally, then regular checks of his Flats are a ‘key part’ of our services. We want to keep our Client in relaxed mood of mind with the knowledge that we are regularly looking after his property to ensure it is safe and secure. We ensure that-
|Payment (in time) of the ‘Government Taxes and Fees’ e.g. Holding Tax, Land Tax/Kahzna|
|Payment of the ‘Utility Bills’ e.g. DESCO, WASA & GAS.|
|Payment of ‘Service Charges’ to the ‘Common Management Association’.|
|Attending ‘Owners Association Meeting’ on behalf of the Owner periodically.|
|Cleaning (dust free) and airing (refreshing) of the Flat (in every week).|