Property Management Services
As property managers we save investors time, help you deal with tedious maintenance issues, screen for tenants, hold showings and we up to date on state rules as well as local regulations. We interact directly, on your behalf, with tenants and also market and advertise your rentals. We provide a hassle-free experience for landlords living in India and outside of India.
Rent ridge ( Vistara Prime OPC ) will survey the property for its condition and if there is need for repairs; provide cost estimation for fixing it. After the assessment is carried out and post your approval of charges, we will leverage the best-in-class vendors within our network to fix issues.
If the repair is within normal wear and tear, the owner will pay its maintenance. But, if it is negligence on the tenant’s part, the tenant will pay for it.
Tenants who occupy the property will pay for regular maintenance of equipment at the property. However, the AMC cost is usually borne by the landlord.
The standard contract period will be 11 months and extended further on mutual consent. In cases of longer lease terms/long term requirements, the contract period can be extended.
We will provide you with regular updates on finances, rental rates, marketing and maintenance of the property. You should expect to receive this information on a monthly and quarterly basis.
We want to make your life easy and save your time. We intend to be your extended arm and be the single point of contact for your tenant. Incase of any issues regarding the property, we will help sort the issue depending on its priority and urgency. Being a neutral facilitator, we will help the landlord and tenant agree on the scope of responsibility for every issue that arises after investigation.
Each property registered with us will be coordinated by an account manager. The account manager will be in touch with the tenant and the landlord on a regular basis.
The current market practice for the cap on expenses borne by the tenant will be Rs.2000/-. However, we will be able to put a cap and scope of damage on every inventory during the move in process.
Tenancy Management Services
We are neutral facilitators in bridging all communications between the landlord and the tenant. We are experienced in neutral conflict resolution. We are service experts and have an established best-in-class network for local services. We help tenants hire trusted professionals for all their service needs.
We will be your single point of contact for all the maintenance needs of your apartment.
Issues that require immediate consideration will be attended to within 6 – 8 hours. On the other hand issues that require professional support will be attended to within 24 – 36 hours subject to availability of the technician.
Rest assured! We will be paying your monthly bills on time and update the tracker on which you will be able to track the status and the timelines.
Yes — if you’re working with Rentridge (via Vistara Prime (OPC) Private Limited) they can assist with renewing your lease. Here are a few things to check:
Confirm that the lease renewal services are explicitly part of the agreement with Rentridge.
Ask them to guide you through the renewal process: negotiating new terms, drafting the renewal, handling documentation.
Make sure they’ll coordinate with both the landlord/property owner and yourself to ensure a smooth hand-over of the renewed lease.
Clarify any costs or extra charges for the renewal service ahead of time.
Realty Services
If you decide to avail our services, Global Adjustments will charge only the first month rent as service fee. Also, our service fee will be collected only once the property is rented out. No additional amount is added to it. Nonetheless, if there is any maintenance work that needs to be carried out, Global Adjustment will pass on the charges to the owner or tenant, depending on the nature of the work. Our focus is to provide quality service at best possible rate.
When we market the property, we will start with high end of our estimated rental range and adjust it depending on the interest generated. Global Adjustments will work with the owner through the process to ensure the best possible price that can be obtained for the property
Rentridge will choose popular listing sites, on globaladjustments.com, Culturama Ads and through our local partners to get maximum reach.
Yes! We can definitely negotiate the rent on the owner’s behalf. Our main goal is to ensure that the property doesn’t stay vacant for a long time and to get a tenant at the earliest with best possible rent.
Yes. Once all the potential tenants are presented, the owner can choose accordingly. Global Adjustments will verify and examine their income, employment status, ID proofs etc.However, the owners will have complete control over the process.
We will work in partnership with you to determine appropriate security deposit. Once the rental process is in place, we ask the tenant to transfer the security deposit to the owner’s account directly. We advise that the owner to keep one month of deposit with Global Adjustments to cover any maintenance expenses.
Rentridge will facilitate the process of rental agreement between the owner and the tenant. Our rental contact usually runs for 11 months from the date of move-in. We will execute necessary arrangements on behalf of the owner.
With a reasonable notice period given beforehand to the tenant, the owner can certainly inspect the property.
No. We do not require exclusive rights. But in case you decides to work with multiple agents and we bring in a definite buyer, we will need the process to be carried out only through us.
While Rentridge promises on best marketing efforts, it will be difficult to give a definite guarantee.
It is a well-established fact that buying a home is a huge investment. And finding the right home needs considerable market knowledge. We approach builders and owners according to the buyer’s requirements and agree on a rate that all parties will be content with.