There are 2 Companies in Chennai
that provide Commercial Property Management Services!

Chennai is the second-largest software exporter in India, straight after Bengaluru, and also, is the home to many global tech giants, such as Verizon, eBay, PayPal. Why did such big companies decide to open offices in Chennai?! Simply because is the biggest startup incubator in India, and probably the place where most of the local professionals are attracted to. 

Discover Top IT Companies in Chennai specialized in Commercial Property Management and other related services. Find the best IT service providers for your projects.

Commercial real estate ownership and investment can be quite rewarding. On the other hand, managing your property can be time-consuming and emotionally draining. That’s where commercial property management services come into play.

Commercial Property Management specializes in managing and maintaining commercial properties such as office buildings, retail spaces, industrial complexes, and mixed-use developments.

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Explore Top Commercial Property Management Companies in Chennai

We found 2 companies. Last updated in: November, 2024

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The ICT Industry in Chennai: Data & Research

Chennai is the second-largest software exporter in India, straight after Bengaluru, and also, is the home to many global tech giants, such as Verizon, eBay, PayPal. Why did such big companies decide to open offices in Chennai?! Simply because is the biggest startup incubator in India, and probably the place where most of the local professionals are attracted to. 

Of course, Chennai is far behind Mumbai; New Delhi, and Bengaluru when it comes to profit, but this is because most of the tech and IT businesses start in Chennai, but continue to grow and develop in Bengaluru, Mumbai, and other metropolitan cities.

Chennai is also a place where you can find plenty of SaaS companies - around 600, which engage in the system around 15,000 workers and has a yearly revenue of $1 billion USD, out of which $500 million were from funding only. 

The transformation of Chennai is more surprising since it was for a very long time a manufacturing center, also called by many the Detroit of India. And the effort for the digital transformation of Chennai only was huge, but it was worth it. 

According to data from Venture Intelligence, Chennai has become India’s fourth most active startup ecosystem, ahead of Hyderabad and Pune, and above all the city area is cheaper than other startup and tech hubs from India. But the wages are also lower - according to Glassdoor, the average yearly wage of a developer in Chennai is $7000+ USD, several times lower than Bengaluru for example. 

In case you are interested in working with IT companies based in Chennai, it’s good to know that you can choose out of 4000+ professional teams the one that suits you more, and here on TechBehemoths you can find the best of them

What is Commercial Property Management and what are its benefits for your projects?

Commercial real estate ownership and investment can be quite rewarding. On the other hand, managing your property can be time-consuming and emotionally draining. That’s where commercial property management services come into play.

Commercial Property Management specializes in managing and maintaining commercial properties such as office buildings, retail spaces, industrial complexes, and mixed-use developments. 

This service is aimed at property owners that get expert assistance in handling various aspects of property management, allowing them to maximize the value of their investments while minimizing their day-to-day responsibilities regarding their properties. 

So let's note what a commercial property management company does:

  1. Handle day-to-day operations
  2. Maintains Calls
  3. Communicate with the tenant
  4. Inspect the issue
  5. Identify the best way to handle it
  6. Coordinate the repair
  7. Keep track of your expenses

A good property management company will take on all of that responsibility on your behalf.

Property inspections

Your manager will visit your property regularly to keep an eye on everything.

Rent Collection

Collecting rent can be sometimes awkward, but your property manager will help you, by automating rent collection and deposits right into your bank account.

Financial reporting

A property management company provides detailed financial reports, including income statements, balance sheets, and cash flow statements, enabling property owners to make informed decisions about their investments.

Marketing and leasing

Attracting and retaining tenants is a critical aspect of commercial property management. Property management professionals develop marketing strategies, advertise vacant spaces, conduct property tours, and negotiate lease terms, helping property owners secure reliable tenants and optimize occupancy rates.

Commercial property management services have been in high demand for several years and continue to grow.

The process of choosing the right commercial property management company could be challenging, however, it will result in a significant decision that can greatly impact the success of your investment. 

Here are several factors that should be considered when choosing a commercial property management company:

  • Firstly, it's important to assess their experience and expertise in managing properties similar to yours.
  • Look for a company with a proven track record and a solid reputation in the industry.
  • Check for any certifications or affiliations with professional organizations, as this can demonstrate their commitment to maintaining high standards.
  • Additionally, consider the range of services they offer and whether they align with your specific needs
  • Review their fee structure and compare it with other companies to ensure it aligns with your budget and provides good value for money
  • Furthermore, take the time to read reviews or seek recommendations from other property owners who have used their services. This can provide insights into their level of professionalism, responsiveness, and overall customer satisfaction.

By considering their experience, services, reputation, and fees, you can make an informed choice that will help you maximize the value of your commercial property while minimizing the stress and effort involved in managing it.

There are more than 92 companies on our platform that offer a wide variety of commercial property management services. Explore their detailed profiles, and client reviews, and feel free to get in touch with them.

We’ve created also a powerful filter that you can use to narrow down the results based on your requirements and shortlist the companies. 

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour. It’s free of charge.