siliconindia | | August 20174India has shot to the top of the list of preferred destinations for real-estate investment in the eyes of major institutional investors. According to Thomson Reuters, it is also the fastest-growing major economy, set for growth of 7.0 percent next year after this year's projected 7.2 percent. The country's young workforce which is nearing home-buying age and stands to benefit from the country's economic expansion is expected to significantly drive the real-estate market over the next 10 years.With the continued migration of residents both within the country and abroad, investors in real estate have all along been finding it difficult to manage their properties during their absence. There were a few options except to rely on relatives or friends for such needs. But time is changing especially with India liberalizing investment norms by foreign companies. One area that has virtually caught the attention of the foreign companies involved in property management is the tremendous potential at metros and secondary towns. Many real estate professionals have looked at property management and changed their minds when the scope of the management tasks and record-keeping are fully understood. It's a niche for the more detailed and responsive in the profession. Plus, a good management company brings its know-how and experience to your property, giving you the peace of mind that comes with knowing your investment is in good hands. In our current edition, we have featured `10 Most Promising Property Management Companies'. These companies act as the owner's partner in maximizing the return on investment of the property and deal directly with prospects and tenants, saving you time and worry about marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions.Nandini MukherjeeSpecial Editoreditor@siliconindia.comProperty Management - A Booming Section of Indian Real Estate siliconindia Vol 06 · Issue 1-4 · August 01, 2017 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Special Editor Nandini Mukherjee Editorial Team Amit Raja Naik Pooja Devi Shefali Mathur Sujith Vasudevan Susila Govindaraj VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit www.siliconindia.com/magazine-in or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murigheshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2017 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comSr. Visualiser MaitreyeeVisualisers Sheethal M S S SivasankarGroup Art DirectorAshok KumarDelhi NCRAshu SethiCirculation Manager Magendran Perumal Chandan ChatterjeeEditorial
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