To pay rent, or not? Top 5 ways to handle Tenant-landlord conflict during coronavirus outbreak

The worst time for all of us. Mainly to the renters out there who are struggling to bring food on their plate amidst the pandemic.

If you are a renter and you still think you can pay the rent and the income is normal as ever, you should pay the rent. But these unprecedented situations have affected the relationships too. Be it internal or social. Because the problem here is money! It will just get ugly and ugly if the conflict keeps on happening.

The best suggestion would be to take advice from a Property Management Company over the issue you are facing if you are a Landlord. Since landlords play the most part, it will be great if they get to know what is actually happening around them and what the Professional Consultants suggest.

What do you think, To pay rent or not?

If you are subjected to pay rent, then you should. You can request your landlord for a concession or reduction in the rent amount or wavering it until the situation gets back to normal.

But, it’s completely the decision of the landlord and you can’t do anything about it. And still, the landlords are surprisingly supportive for many renters, however, there is an exception.  Certain landlords can’t just be cool about it, there will be the problem of liquidity. So, if you could, please just pay the rent off. The landlords are equally damaged in a situation like this.

Having a Property Management Company or Consultancy can be very helpful in this situation. You can stay rest assured and they will take care of it.

To be on point, this pandemic situation is beyond anyone’s control, and the lockdown rules and the orders just add the pain. Facing reality, this is the time the banks have given us extra time to pay off the debts but the interest they impose on you is the ultimate use of the untimely pandemic.

Don’t you think this calls for someone who’s actually better at managing the property and can give us guidance? To put it straight, the Property Management Consultants are a straight away rescuer for you from all your property-related issues.

So, the bottom line is, if you could just afford to pay the rent, please pay them off! It later will add a burden to you!

Here are the things that a Landlord can do to ease the pain of a renter,

• Reduction in the rent.
• Wavering off the rents for a while
• Be there for each other
• Make sure to help a renter and don’t evict one because of the situation that is caused by the pandemic
• Relax the lease

I’m again stressing it out, while the landlords take risks to do all of these things for you, the renter, you should help them out too. You can pay the rent in divided amounts or be supportive otherwise. We can tell you some ways to handle landlord-tenant conflict during the Coronavirus outbreak.

However, the government and the other media houses are concentrating on the problems faced by the tenants and the landlord’s problems are just pushed aside.

Truth be told, the landlords are not just taken into consideration. So landlords are left with no option than to get adjusted to the situation whatever it is.

The tenant is also not at fault, after all.

A Property Management Company in Bangalore could deal with this problem, if and only if, the property of the landlord is under their maintenance. So, if you don’t have one, then it’s the right time to approach them.

The tenants will have a problem in the flow of the cash and rent becomes harder to pay so you may just have a word with the tenant as a landlord so that you can sort it out and not have a conflict. Unpopular opinion, you can make use of the property Management Applications designed by the Property Management Companies to help you.

Top 5 ways to handle landlord Tenant conflict during Coronavirus outbreak

Landlords who will be able to afford a total or partial wavering of rent may want to consider offering such steps since you can modify some things from the existing lease agreement.

Some modifications to handle the conflict between the landlord and the tenant may include,

1. Extension of the terms
2. Loosening some agreements from the lease
3. Reduction in the rent
4. Bring in a Property Management Company
5. Be a good negotiator

Let’s see how these modifications work and refrain problems from happening between the landlord and the tenant.

1.Extension of the terms

The best and the easiest way to contain the conflict from happening is that you can just extend the terms in the rental agreement. This could be a little difficult. But you have no other go. You must go past this situation without getting crushed. A Property Management Consultant will tell you how to do it without losing control over your property.

2. Loosening some agreements from the lease

You can go on to free some agreements from the lease since everyone is facing a difficult time.

3. Reduction in the rent

How about reducing some amount from the rent and just get off with the situation? Because the ultimate problem of a renter is to find funds for the rent during this pandemic. So if you could just consider it and reduce some, half of the problems would be gone. You may get a piece of productive advice on this issue from a Property Management Consultant about the percentage of the rent you can reduce. The Property Management Consultant being a professional can help you check the background of the tenant and suggest to you the percentage of waiver you can push on rent.

4. Bring in a Property Management Company

This is the best time to bring in a Property Management Company so that they can take charge of the properties. When they take charge of your properties, all the decisions and regulations regarding the property will reach the renter through the Property Management Company, themselves and it’s by far the best method to escape from the conflict with your tenant.

5. Be a good negotiator

If your tenant wants to start the negotiation about the rent, be considerate. You should be a good negotiator also the condition outside is worse, you can’t evict your tenant as well. So, try to get the best deal. Or leave it to the Property Management Consultant, your work here is done!

CLOSING POINTS:


These are some of the most effective ways to handle the landlord and tenant problems during this lockdown. Make sure to apply all of these. At least one or two of this so that you don’t have to involve yourself in a conflict. The best way is to make way for a Property Management Company to do its job. We hope you find this blog helpful.

How Does OwnersTown Property Management Application Work?

Property Management Applications have become an absolutely necessary part of Property Management Companies to make working with them easier. The role of the property management app is to help owners and property managers with managing the properties. The property management application must be designed to have strong organization skills. In short, the applications must be able to help landlords and property managers in managing, selling, and leasing the property or leaving the property for rents. On the other hand, the property management application will allow the renter to check for the properties that are appropriate for their needs and rent down the respective property.

What is the purpose of the Property Management Application?

If you have to install a Property Management Application, you obviously have to know its purpose at least as an audience. Why do you need a Property Management app? A Property Management Application is said to have the following functions that make it absolutely essential for you to install,

• Evaluate property expenses and income
• Advertise your rental properties online
• Manage rents
• Abide by the landlord-tenant & real estate laws
• Mainly, maintenance of the property
• If these factors didn’t help you employ a rental management application, what else will?

What are the works that a Property Management Application is in charge of?

The main idea of Property Management applications is to lessen the burden of the property managers and landlords. Now, in this case, everyone with the application will expect automation in the functions or the Property Management Application will pose no use!

The works that could be taken care of by the application are,

• Collecting & Managing rent
• Checking for the repair requests and timely maintenance
• Exposure to the Landlord-tenant law
• Keeping the responsibilities in check
• File taxes
• Monetary Management
• Managing the tenants

How to manage the stress of Property Management?

As a property manager, you will have to face a unique kind of stressing out.  You will have to face both the Property Management Company and also the property owners. That makes your position especially difficult.  To reduce your stress, the property management companies are introducing property management applications now, one such application is the Ownerstown Property Management Application.

You must know where you are hanging over your properties. Ownerstown Property Management Company will always provide exclusive services to its clientele. Employing their Property Management application will expose you to the benefits the company provides.

Here, we’ll see the features, overview of the ownerstown property management application, services provided!

Application Review – OwnersTown Property Management Application:

The OwnersTown Property Management Application poses to provide a one-stop solution for property management. You know how stressful property management could get, so to reduce your stress and simplify the work, the ownerstown property management company designed this Property Management Application that suits everyone. The Ownerstown application will not only look after your properties but also do everything to take your property online and provide a path to sell them.

The application helps in providing all types of services that are required for the properties and guide you in accordance with the law. The ownerstown property management application lets you register your property with them at ease. You will be expected to provide the basic details of a property like the age, location, the rental, area of the property.

Once you enter all the details, your properties will become visible to the users. You are now a registered member of the Ownerstown Property Management Company.

Features of the Ownserstown Property Management Application:

Some of the notable features of the Ownserstown Property Management Application would be,

1. Managing the accounts
2. Manage Documents
3. Manage Tenants
4. Update and complete tasks
5. Provides Performance Reports
6. Managing the vendors
7. Provides a Secured dashboard (for Property Owner, Property Manager, Tenants)
8. Reminders for rents & maintenance

1.Managing the Accounts

Managing your account with the ownerstown property management application will be a breeze to work with. A structured and easy interface allows you to manage all your transactions in a single place. The Property Management Application allows you to record, manage, and share property-related transactions online without having to do any paperwork. That’s how simple it is.

The Ownerstown property management application provides encrypted transactions and helps generate invoices in a jiff.

2. Manages Documents

The ownerstown Property Management Application helps you in managing all the property-related documents of the tenant and the owner. It’s a place where you can store and find all your documents. Also, if there comes any need to download the document, feel free to download it from the ownerstown portal. You can just drag, drop, and share your documents with anyone you would like to share.

3. Manage Tenants

Ownerstown helps in managing your tenant cycle. They will help you right from marketing your property to renting it out. Thus, this rental management application keeps your property alive.

4. Update and complete tasks

Create and assign tasks for your property from financial to maintenance, from rental to vendors. Having a streamlined task process allows you to have complete knowledge of all the work which is pending, on hold, and completed making property management easier like never before.

5.Provides Performance Reports

After running with the application for a while, you need to know how far you have made it. So, performance reports are absolutely necessary to evaluate. Performance reports provide an in-depth report of all your rental, lease, and maintenance allowing you to have a better understanding of your property and provides a game plan for what needs to be done next.

6. Managing the vendors

Just in case, if your tenant happens to experience any problem with the property, they will be allowed to raise a request. For, ex: it could be for plumbing issues, electric issues, civil, etc., That’s why this ownerstown property management application understands the problem of the tenants and collaborated with genuine and verified vendors for timely assistance.

7. Provides a Secured Dashboard

Ownerstown provides you a secured dashboard where you can see the health of the property. Having an overview of every detail at a glimpse allows you to make decisions faster and with precision. Be it transactions or managing your property, everything is completely encrypted.

OwnersTown provides dashboards for the Property owners, managers, and tenants.

8. Reminders for rents & maintenance

The application sets reminders for timely scheduled maintenance and collecting rents. Also, an automated invoicing feature has been integrated into the platform allowing rent invoices to be sent automatically within the scheduled time.

Notifications either through the application or email

Any problem with the property or any kind of updates, you will be notified with a message through the application or through email.

How Does The World See Property Investments After Lockdown

As an investor, you must be very careful in Property Investments. Experts say there could be a 20% crash in real estate investments. The prices are likely to fall. For potential buyers and buyers who have cash security no longer have to worry about property Investments. It’s their time to buy a property. Even negotiation to a greater extent is possible.

However, the global economic condition and the pandemic situation together created uncertainty in the field of Real Estate and can negatively impact the Real Estate Industry this year. There are job losses happening around the country so it’s better to stay cautious in Property Investments.

Property Management Company should be approached before making any decision regarding the investments in the property to understand the in and outs of the property investment sector during this pandemic. If you approach a Property Management Consultant, he will observe the situation for you and on the property, you are willing to invest. This will help you make a clear decision, TO BUY or NOT. 

Property Investments After Lockdown

Irrespective of the current situation, the property investors see there must be a significant change in the prices of the properties. It could be either high or less. No one can really foresee what it is really going to be like as it is already uncertain.

In a survey, they say nearly 40 % of the total potential property investors, who were searching properties for purchase before lockdown, have postponed their plan while almost 60 percent of property investors are still stubborn to invest in a property within a year.

Also, the buyers seem to show more interest in the properties that are ready to move in than an under-construction project. The investors feel that they are way safer than the projects that are under construction.

In case of so much confusion, any investor who is willing to do Property Investments post lockdown can approach a Property Management Company even now to know the exact situation in the investing area. Why do we bring a property management company because come on, who else is closely watching the current real estate situations than property Management Companies?

Just like panic attacks, there could be panic price downfall post lockdown but however, it is gradually going to increase after the situation turns normal. Once COVID-19 is contained and the situation is returning back, we can say that the prices may go up gradually or skyrocket. We can not easily graph it since it’s still evolving.

But as already said, the fully completed and ready to move in projects may move quicker than the projects that are under construction. To make sure that the sentiment of the buyer remains positive, there will be a need for a little more positive approach to lifting the selling numbers in the market.

A property Investor can always approach a Property Management Consultant for guidance. They know where to invest and at what time. Since the lockdown is extended until the 17th of May, losses seem to increase. You still need to know that real estate and property investments are not going to crash, it just takes some time to overcome the loss, right after the lockdown, Property Investments may gradually pick up.

What You Must Consider About Property Investments Post Lockdown?  

1. Supply & Labour Issues
2. Demand Issues

These are two types of issues we need to combat and look for before investing in a property post lockdown. Let’s see how it takes a toll on property investments!

1.  Supply & Labour Issues

Supply issues for Construction Materials are there even during this pandemic lockdown. So after lifting the lockdown, the supply of the goods will be there but not to a greater extent. There could be slash in the prices of the building materials but you cannot compromise the cost of the project. It is going to remain the same. Also, there is a labour shortage, you cannot just call the workers back from their hometowns without work. Some companies have given both food and shelter to their workers stranded in the sites.  This pandemic lockdown has created a huge burden on these labourers. Several daily wagers are stranded in distant states and are not able to return home. Real estate experts foresee a situation where once the lockdown is lifted the labourers will be rushing home escalating a shortage of labour. This will drag projects and take a lot more time to complete them. 

2. Demand Issues

These industries will witness high unemployment initially, but it will gradually be back to how it was before. There are going to be so many employment opportunities for daily wagers in the construction industry, as we foresee the labourers from distant places may rush back to their hometowns causing a need for alternate labourers. It will also take a toll on the economy, and promote the unemployment of the youngsters. We cannot even imagine the situation of how so many students who must have been graduates will have to stay on for another year of study!

The impact on prices of the property will be intensified gradually. Investors will have to face increasing arrears in returns, lower yields, and decreased buyers if you are trying to sell the property.

So it is always said that it is cheaper to invest than to rent and that that will be understood when the prices start to spike.

These issues can be handled easily if you hire a Property Management Company or a Property Management Consultant in Bangalore.

But, we also need to understand the fact that some of the property developers are not even interested in cutting prices despite the loss.

Another factor you must keep in mind is that the extended lockdown may result in the value of a property to fall, which in turn might result in increased competition for the property. When it comes to the lower prices, it will fall into the price range of more buyers, and this may delay or completely make you lose the chances of buying the property. This will lead to increased affordability for almost all the people since the price range is falling.

SUMMARY:

These are the things that you should know before investing in a property after lockdown or simply approach ownerstown property management company in Bangalore, they are the best in the business. A property management company will reduce almost all the confusion that you are carrying on your shoulders.

We hope you find this article helpful. Contact us for more details. 

How to Have a Fantastic Property Management During Covid-19 Pandemic

The COVID-19 pandemic has put a halt to normal life, disturbing the way we used to live, and the way we conduct our businesses. These times are challenging particularly for landlords who are moving heaven and Earth to keep their properties and tenants safe from the virus. Many businesses have either temporarily shut down or have gone online to curb the spread of the virus. Important life events have been postponed and the entire world has come to a standstill.

The insufficiency in operations hasn't however stopped for landlords as their properties will need plenty of assistance from maintenance to repairs and regular housekeeping. Property management, on its own, has become a daunting task. At OwnersTown, we've come up with several Property Management tips that can help you manage your rental properties effectively as the COVID-19 rages on.

Tips To Be Better At Property Management During The COVID-19 Crisis

Communicate Virtually

It is necessary to practice social distancing to prevent infection and this makes tenant communication difficult. You will need to cut down on physical interactions with your tenants and switch to virtual interactions. Depend on phone calls and messaging platforms to converse with your tenants and if necessary, use video calls. If you need to address more than one tenant, think of a Smart Property Management Application that can help you to contact everyone simultaneously.

The popular blog, Psychology Today, states that video calling could be comforting to your tenants as they will get to see a familiar face and also that it’s more effective than voice calls, especially if you have older tenants. So, look into Zoom Duo, FaceTime, or even WhatsApp and connect with your tenants over video calls to address them of any updates or to simply check in on them.

Try Virtual Building Inspections

If you have an inspection coming up or if one of your tenants raises a maintenance ticket that will need an inspection, consider doing a virtual inspection. Firstly, ask your tenants to send photos via WhatsApp or email so that you can share it with your contractor. 

If you feel closer, real-time inspection is needed, use Zoom or Google Duo to organize a video call so that your tenants can show the affected or unaffected areas for you and your contractor to observe. With video calling, your contractor can also enquirer about things that may arise during the inspection. 

Show Mutual Understanding in Rent Collections

A majority of tenants – in most cities and towns - still pay rent by cash. This entails physical collection of rent which you must at all costs avoid. Suggest your tenants move to a digital form of payment to prevent both of you from getting sick. Be it internet banking or digital wallets, the options to pay rent are endless. Ask your tenant to transfer their monthly rent via net banking or popular digital wallets such as PayTM or Google Pay or PhonePe to your preferred bank account. 

If your tenant is employed, ask them about the current situation of their salary. A good number of companies have either terminated or furloughed non-essential employees and cut salaries for the rest. So, if your tenant has had a pay cut or been furloughed or terminated, it will be difficult for them to pay the rent as they normally would.

If a tenant is unable to pay the rent, discuss the situation with them and offer a discounted rent or think about a more flexible payment option. But, remember to not step in blindly as some tenants may make use of your good nature. Always insist on documentation that shows that they are receiving a pay cut or have been terminated. This way, you can help the ones who are really in need. Come up with a payment plan and agreement that your tenant can adhere to and enforce it until the pandemic has ended and their financial situation has improved.

Avoid Major Maintenance Works

Handling maintenance and service requests at your rentals will be near to impossible given the enforced policies of isolation and social distancing. Arranging for a service vendor comes with more caution as you have to ensure that the vendor is in good health, is wearing protective gear and, has all the required equipment and material so as to prevent visits to the hardware store while working in your rental property.

Get in touch with your contractors and ensure that their professionals are being tested daily and that they are in good health and have protective gear such as masks and gloves. With OwnersTown, you can find the right vendor from your mobile itself. Get a verified vendor with the best deal at any location.

You should also inform your tenants that there will be a delay in handling maintenance tasks as you need to handle only the essential tasks first. Paint jobs or renovations can be pushed to a date after the epidemic has ended while emergency tasks such as plumbing or electrical work can be done now.

Remember to practice empathy while communicating with your tenants on the postponement of the maintenance work. Your main goal is to keep your properties running smoothly. So, choose only the important tasks to work on and keep the rest in a backlog that you can get to when the lockdowns have been lifted and the pandemic has ended.

Close Down Common Area Amenities And Sanitize

Swimming pools, gyms, pantries, cafes, and other common areas need to be shut down to prevent the spread of the virus throughout your properties. Sanitize other common spaces that are a necessity, such as lobbies, stairwells, and elevators. Have a maintenance staff disinfect your properties daily and ensure that they are in good health and are wearing the right gear. Keep a copy of the WHO guidelines on how to use and dispose of the masks and gloves and ensure that they are done properly.

Conclusion

The pandemic has created both the worst and the best time for you as a landlord. Your actions and decisions during this time will determine your personality as either a helpful and smart landlord or an absentee landlord. It’s essential to keep all of your rental properties and your tenants in safe hands. Remember that even if one infected person enters your property, the whole building will have to be shut down and the tenants quarantined until it’s determined by medical professionals to be safe again.

By letting your tenants understand that you are there for them, you will create a better relationship with them and emerge from this situation stronger than before.

Stay Home Stay Safe!

Effective Ways to Maintain Your Property While Social Distancing With Owners Town

Quarantine, lockdown, stay-at-home, and social distancing have become synonymous with our everyday lives because of the notorious Covid-19 that is spreading into the world like wildfire. Social distancing has become a major desperate measure during this desperate time. More and more awareness is being raised on how staying-at-home can curb down Coronavirus.

It is without a doubt that the economy has taken a huge toll amidst the lockdown. The government has stated that turning to technology is the best way to conduct business operations from home so that social distancing can be maintained effectively. While pondering on the different markets being affected in this pandemic, real estate is one such arena that has taken a massive blow.

Landlords and tenants alike are trying to make amends as much as possible since the main goal is to overcome the virus together. With this regard, property owners and renters can make the best of social distancing with Owners Town. Through our state-of-the-art online services, we make sure that tenants and landlords are comfortable and hassle-free in this lockdown.

So below is a detailed nitty-gritty on how Owners Town can help property owners and renters in this unfortunate epidemic.

This is how property owners can be a pro at social distancing with Owners Town

1.Online Communication

To maintain social distancing, online communication is the best way in this present situation. With our property management solution app, you can communicate with your tenant effectively once you have the tenants on board.

With our in-app messaging feature, you can respond to the renters anytime with the OwnersTown dashboard. You can be free from the hassle of a phone call or text messages where you can manage more than one tenant with ease. The renters can also easily express their issues and concern amidst the lockdown with the in-app messaging feature. After all, it is all about being there for each other yet apart in this pandemic.

Features of tenant communication app

• Notifications: With the property specific notifications, easy communications can be done where the owner and the renter can share information and news without any delays. Our platform provides in-app notification and system and user-generated messages so the communication is streamlined.

• Email: With regards to any tenant updates or email/phone verification, both tenants and owners will receive notifications simultaneously.

2. Catching up on document work

Pre-lockdown, you, as a property owner might have had more on your plate or you must have been wearing a lot of hats to not catch up on your property document work. But these stay-at-home days are perfect to pull up your socks and get on the piled up work. With the Owners Town application, you can sort all your documents in one place. You can have easy access to all your paperwork and take a quick preview where you will not have to open up each and every document. And without outgoing anywhere you can easily share your tenant-specific document in a click.

Features of our document management portal include:

• Drag and Drop: With our application, uploading documents has never been easier where it can be done in just 2 simple steps. All you have to do is drag and drop documents and name them
• Quick and easy sharing: With our portal, sharing can be done in a jiffy. You can download the document from anyplace since you have the amenity of property-wise access. Through the Owners Town portal, sharing of the document becomes convenient.

• Security: Property documents are important where their security is a major concern. With the help of our secure cloud repository, property owners can not only upload but also manage and share documents online in a safe and secure way. You will have full access to your documents where it is protected through encryption and the documents will not be shared without the owner’s permission.

3. Helping you prepare for the future

A lot of notions are being conveyed by the real-estate experts about the market and how the economy will be affected post-lockdown. Many people have opined that India might see a similar trend like China where the residential sector might take priority since office and retail projects might take some time to emerge from the stand-still. Having said all this, it is always better to prepare rather than regretting in the future. Property owners can be better at social distancing with Owners Town because through our advanced reporting feature, you can use the best of analytics to gain insight into the present situation and have an idea of the probability of the future.

The features of our custom advanced reports include:

• Rent reports: With the rent report feature, monthly comparisons can be made about your property or tenant where you can know which of your property has performed well and which has not. With this insight, you can prepare yourself post-lockdown.
• Keeping a tab on expenses: With the help of the maintenance report, you can know your maintenance expenses on any desired period so that you can manage your monetary expenses accordingly. Since everyone is trying to put as much halt as possible on their expenses, this specific feature can avail a lot of property owners effectively.
• Detailed analysis: In order to gain a vehement insight on tenant overturn or expenses, you can create an advanced report by providing adequate information. All it takes is just two steps, i.e. selecting a basic detail for the report and then running a report. You can have the analytics at hand and prepare yourself for the future vehemently.

This is indeed a difficult time for everyone but by using the time productively, property owners can be a smart owner while maintaining effective social distancing with Owners Town.

All You Need to Know About Shriram Luxor Bangalore

Shriram Properties & its Journey:

Shriram Properties is one of the leading Real Estate development companies in South India, Shriram Properties predominantly focuses on the mid-sized and quite economical housing categories. Shriram Properties is one of the five largest residential real estate companies in South India, especially in Bangalore and Chennai concerning the number of aggregate units. They provide premium and luxury housing, commercial and office space category as well as plotted development category. You can also contact them through a property Management Company, they make the whole process simple and easy for you!

They are a Real Estate Business group with four decades of operating history and a prominent brand in the retail financial services sector and numerous other industries. Shriram Group always provides us with benefits and will continue to benefit, buyers who prefer houses, people who invest in Financial terms, landowners, development Associates, contractors, and other Collaborators have in the Brand Shriram and its operational history.

Shriram Properties has started it’s operations in Bangalore in the year 2000 and, they have expanded its ventures to other cities like Chennai, Coimbatore, and Visakhapatnam in South India. Also, they are in Kolkata as in East India, where they are developing multiple projects. Bangalore and Chennai continue to remain as their main markets. Both the cities have two large residential housing community in India with an approximate 31.24% launches and 34.22% sold inventory in India’s top seven cities (Chennai, Mumbai, Delhi, Bangalore, Pune, Hyderabad, and Kolkata). If you want to buy/invest in Shriram properties in any of these locations, you can simply call the best property management company in town for help!

They have nearly completed 25 projects, amounting to 12.86 million square feet of merchandisable Area, out of which our 20 projects in the cities of Bengaluru and Chennai accounted for 87.69% of our Merchandisable Area.

All about Shriram Luxor, Bangalore:

Shriram Luxor is a new residential Apartment project launched in Hennur Road, Bangalore by Shriram Properties. The residential archipelago features the best in luxury living feeling of Shriram Properties. Shriram Luxor offers spacious Apartments with opulent features. The landscapes all around Shriram Luxor make it more appealing and rich at the same time. Shriram Builders has brought this project to Hennur assuring the best quality living to the community of Hennur Road, Chikkagubbi, North Bangalore with aesthetic architecture and quality lifestyle in Shriram Luxor. Shriram Luxor’s Location has an excellent commute & it is located at the core of Hennur Road. You can also contact Property Management Consultants through Property Management Portal/App, through which you can access them easily.

Shriram Luxor is located very near a $100 billion investment zone in North Bengaluru.  The North Bengaluru which is going to be the upcoming secondary Business sector of Bengaluru. The Thanisandra- Hennur Road stretch is referred by Knight Frank as the 7th highest future apprehensive location in India. With Approx 3000 acres of KIADB, Baglur is actually developed for IT, hardware and aerospace sectors. Some of the Companies like Shell, Cellcom, Wipro, Thyssenkrupp, Amada, Tyco Electronics, StarragHeckert are currently operating here. The aerospace park in North Bangalore is planned to spawn around 2.5 lakh employment opportunities in KIADB. A magnanimous 12,000 acre IT investment Region and some of the top MNCs like TCS, Wipro are proposed in the area. It is just minutes away from the proposed Metro Phase 2 in Nagwara-KIAL Line. There are a lot of Best Property Management Consultants in India who help you with choosing the right property for you. Buying a flat is indeed a big deal, they give some expert advice.

Shriram Luxor Apartments is spread up to 3.5 Acres of Greenery in a 4.6 Acre land. It is an IGBC Gold pre-certified to increase energy efficiency and sustainability. Shriram Luxor has less than 450 units but it ensures its exclusivity and sustainability of the project. You can also utilize their Club Terrace Party Deck to organize your private parties. It has a grand clubhouse spread over more than 22,000 sq.ft in 26,000 sq.ft area of land. At Shriram Luxor, Each tower has its own courtyard garden. There will at least be 2 balconies in most of the apartments. Some of the important decisions like buying an apartment should be checked at least a hundred times before coming to a conclusion, the Property Management Companies will take care of them, all you need to do is, trust them and handover this stress to them!

Shriram Luxor Apartments has 8 Blocks, 13 Floors, and a Ground Floor. They provide  2BHK, 2.5BHK, 3BHK flats. The substructure of the apartments is Isolated and the superstructure has complete RCC & Slab system. The external, Internal, Lifts and staircase has RCC Walls. The flooring of Foyer, Living, Dining & Bedrooms are done with superior quality vitrified tiles. The flooring of the master bedrooms has laminated wooden flooring. The kitchen flooring is done with super quality matte finished vitrified tiles. The toilet and balcony flooring is done with superior quality anti-skid ceramic. In Shriram Luxor Apartments, the 2BHK flat is 1195 sq.ft, the 2.5BHK flat is 1400 sq.ft & 1440 sq.ft, the 3BHK flats in 1550 sq.ft & 1590 sq.ft. You can also access a property Management Company as per your wish through Property Management Portal/App at your comfort.

The doors and shutters of the apartments are done with Teak wood frame with Factory made BST Shutter, ornamental beading, Polishing, and wood composite doors with Video Door Phone in the entrance. The windows and french doors are installed with UPVC bug mesh. The staircase and balcony are given MS Railings and utility is given MS powder coated railings.

The internal painting is done with Plastic Emulsion for walls and OBD for ceilings. The external and fabrication are painted with texture paint and synthetic enamel respectively. The kitchen and utility are given SS Double bowl with Single drainboard and SS Single bowl without drainboard respectively. The fittings and fixtures are done with Standard C.P Fittings. The bath mixer is done with a Single level diverter. The sink has Long body/Angularcock for Aquaguard. The shower area has a glass partition. The facilities in Shriram Luxor include 100% DG Backup for common areas like lifts, Corridors, pumps, gates, and STP as per standard norms, Organic waste converter as per standard norms. Solar water heater, Rain Water harvesting as per standard norms, water softening plants if required, lifts and intercom in all the flats, fire fighting systems as per standard norms, and CCTV in the common areas and lobbies in the ground floor. If you deal with a property management company in order to buy flats, they will make sure to check on everything that needs to be done!

Shriram Luxor presents us some of the interesting amenities like, 

●       Children’s play area,

●       Landscape garden area,

●       Clubhouse

●       Well-equipped gymnasium

●       Library, provision for creche

●       Wifi connectivity

●       CCTV at the main entrance

●       Provision for convenience store

●       Tennis court, table tennis & pool table,

●       Recreation center with chess, carrom & cards room

●       Indoor badminton court

●       Multipurpose hall

●       Split health club with steam, sauna & meditation space

●       Aerobics & billiards

●       Swimming pool

●       Basketball post

Civic Amenities are still under development in Shriram Luxor Apartments!

SUMMARY:

These are some of the things that you need to know about Shriram Luxor! When you plan to buy/invest your money in flats, right away contact ownerstown! They are one of the best property Management Companies in Bangalore.