Huge demand for Property Management in Bangalore gives birth to PropertyAngel.in

BANGALORE, India - Dec. 17, 2013 - PRLog -- PropertyAngel is a property management firm focused on the luxury residential property market. Their services are aimed at freeing the property owner of the nuances of managing their properties. The company is an offshoot of a decade old real estate firm, with an HNI clientele, and with it's management on the governing body of BRAI. PropertyAngel currently operates only in Bangalore.

Seventy percent of PropertyAngel's clients live outside the city, and many outside the country. "The advantages to them are manifold. They are quick to catch on to the proposition and sign up with us," according to the firm's managing director, Rahul Pai. "We make it our responsibility to maximize the owners rental income, and keep them totally stress free, at least as far as their properties are concerned. Our services range from tenanting, legal issues, documentation, maintenance works, regular inspections to even bill payments. Moreover, very often tenants of such properties prefer to deal with a professional firm."

Bangalore has been known to be a end user driven market, but that has dramatically changed over the last 3 years, according to Pai. "Bangalore has created a lot of investment property owners. These are not investors who own 20 properties across the world, but who typically own one or two more, and have made the investment for their children."  There is one more trend that is prevalent. Property owners rent out their own properties and stay in rented properties themselves. The reason is usually because they bought property in the suburbs and don't want to move there, and/or want to be closer to their workplaces which change over time. They don't have the bandwidth to manage these properties and are happy to sign up with us.

PropertyAngel manages properties in many gated communities including Adarsh Palm Retreat, Mantri Espana, LGCL as well as many independent bungalows. For more information you can take a look at their website at http://www.propertyangel.in