NRI Property Management Companies in Mumbai: A Comparison You Can Check

An NRI property management company runs your Mumbai flat while you live abroad: it finds tenants, collects rent, handles society dues and repairs, and keeps the paperwork straight. Mumbai has a mix of national platforms and smaller local firms, each with a different model and a different level of disclosure. This page compares six of them, including us, using what each company states on its own public pages. Nothing here is invented, and every claim links to its source.

Disclosure: 66 MG Road wrote this page. We are one of the companies compared below. We applied the same standard to ourselves as to everyone else: public claims only, with links so you can verify. Where a competitor does not publish a number, we say so instead of guessing.

How to read this comparison

Three things separate these companies more than their feature lists, which all sound alike:

  1. Model: marketplace platform, percentage of rent, tenancy-cycle fee, subscription or per-service quote. The model decides whose side the incentives sit on.
  2. Mumbai presence: a firm with a real Mumbai office and own staff beats a firm running the city from a call centre with Mumbai on a dropdown. Ask for the address.
  3. What they publish: companies that print prices, offices and processes are easier to hold to account than companies that quote after a sales call.

NoBroker NRI Services

Site: https://www.nobroker.in/nri/property-management/mumbai/

NoBroker is India's largest no-brokerage real estate platform, and its NRI arm sits on top of that marketplace. Its Mumbai NRI page markets a "commission-free model," a dedicated property manager, lifetime tenant search, rent collection, inspections with photo and video updates, agreements, legal help and NRI tax filing. The live Mumbai page does not print its own management fee. It cites only a market range: the average cost of NRI property management in Mumbai is around 8 to 12 percent of monthly rent collection. The one hard number for NoBroker's own fee, 8 percent of monthly rent with a rental guarantee, sits in a dated launch blog, not on the product pages. At launch the company said 40 percent of the service's customers were NRIs.

Model: marketplace plus plans. Strength: scale and tenant pipeline. India's biggest rental marketplace feeds its Mumbai tenant search. What its pages do not state: the actual management fee on the live Mumbai page, itemized vendor billing at cost, or an owner-approval floor on spends.

Housewise

Site: https://housewise.in/rental-property-management-services-in-mumbai

Housewise is a rental-focused management company headquartered in Pune, and it has the clearest published pricing in the market. The end-to-end plan costs 1.25 times one month's rent plus GST, with Rs 5,000 plus GST paid upfront and the balance after the tenant moves in. Renewal with the same tenant costs 0.5 times a month's rent plus GST for the next year. It holds no money: every payment from the tenant goes direct to the owner's bank account. In Mumbai it publishes a real office, at 91Springboard in Marol MIDC, Andheri East, and covers the wider MMR including Thane and Navi Mumbai. It assigns a dedicated operations manager and associate per property, runs a WhatsApp group for each, and inspects once in four months. It states 5,500+ NRIs across 40+ countries and a 99 percent renewal rate.

Model: tenancy-cycle fee, priced per placement and renewal. Strength: published pricing and a verifiable Mumbai office. What its pages do not state: how repair and vendor work is billed, any markup on maintenance, or a vacancy-fill timeline.

NRIWAY

Site: https://nriway.com/nri-service/property-management-services-in-mumbai

NRIWAY is a broad NRI-services helpdesk: documentation, certificates, legal paperwork, taxation and property management. Its Mumbai property page lists caretaking, tenant management and vendor oversight, but it reads as a template with the city name swapped in: a long location dropdown, no Mumbai office and no local staff detail. Its own offices are in Nagpur, Pune, the UK and the US. Pricing is quote-based. The Mumbai page shows a ballpark band of $222 to $333 with a note that the real cost may be higher. The company states 10,000+ clients and 400+ universities, which places property management inside a wider services shop rather than at its centre.

Model: per-service custom quote, broad NRI services beyond property. Strength: wide menu for documentation-heavy problems. What its pages do not state: standard pricing, a Mumbai office, named-manager structure or proof-of-work standards.

TND Listings

Site: https://www.tndlistings.com/

TND Listings is a Mumbai-registered operator that runs on an invitation-only, tiered model. TND Luxury offers a dedicated manager for premium and sea-facing flats, TND Essentials covers verified tenants, rent collection, renewals and two-stage inspections, and TND Official handles buying and selling with RERA-compliant paperwork and an app. Its Maharashtra incorporation number (CIN U68100MH2025PTC448661) points to a real 2025 Mumbai entity. Its published metrics do not hold together: one page claims 2,400 homes under care and 1,850 owners worldwide, another says 650+ homes, and it states both "since 2020" and "15 years." Treat those counts as unverified. It publishes no office address and no pricing.

Model: tiered management by invitation. Strength: a Mumbai-registered local focus across city zones. What its pages do not state: pricing, office address, manager credentials, or metrics that agree with each other.

Renteel

Site: https://renteel.com/property-management-services-in-mumbai/

Renteel is an NRI-focused management portal that lists Mumbai among nine cities. It offers a dedicated NRI portal, digitised leases, automated ledgers, inspection reports with photos and a single account specialist per owner. Its testimonials name real Mumbai micro-markets such as Powai, Andheri East and Bandra West. Its head office, though, is in Kolkata, not Mumbai, so the Mumbai service runs from outside the city. Pricing is not published: the site offers customised plans after a free consultation. It claims 900+ property owners, and one on-site counter renders as a placeholder "0+".

Model: multi-city NRI portal run from Kolkata. Strength: a dashboard-and-ledger workflow built for NRIs. What its pages do not state: pricing, a Mumbai office, or an audited owner count.

A note on CURA

CURA (mycuraservices.com) appears in Mumbai searches, so it is worth stating plainly: CURA does not operate in Mumbai. Its site describes it as an NRI property service in Pune, with a single office in Pashan, Pune, and its coverage statements name only Pune. The one Mumbai reference on the site is a client's location in a testimonial, not a service area. If you are in Mumbai, CURA is not an option. We cover it in full on our Pune comparison.

66 MG Road

Site: https://66mgroad.com/

We will describe ourselves with the same scrutiny. 66 MG Road is a property concierge for NRI landlords: the owner hands over one property and one contact, and a vetted manager runs tenants, rent, repairs, legal and tax. The structural commitments: no commission on rent, vendor work billed at actuals with receipts, every rupee a line item on an itemized bill, dated photo and video proof of all work, and owner approval required for any spend above a set floor. Teams operate in Mumbai, Pune, Bangalore, Hyderabad, Chennai and Gurgaon, with owner hubs in Singapore and Dubai. Pricing is published at /pricing: tenancy from one month's rent, full management from 5 percent of monthly rent, minimum Rs 2,500 per property per month.

What we do not have: a decade of history, thousands of claimed clients or a testimonial wall. Our manifesto bars fake reviews and invented statistics, so those stay empty until real data exists. If you want a long Mumbai track record today, the older firms above have more of it. If you want billing you can audit line by line, that is the product.

Comparison table

Company Model Mumbai presence per their pages Published pricing Site
NoBroker NRI Marketplace + plans Dedicated Mumbai page; no office listed Live page cites 8-12% market range; own 8% fee only in a dated blog nobroker.in
Housewise Tenancy-cycle fee Office in Andheri East; covers MMR 1.25x month's rent + GST; renewal 0.5x + GST housewise.in
NRIWAY Per-service quote Template Mumbai page; no Mumbai office Quote-based; $222-$333 band shown nriway.com
TND Listings Tiered, invitation-only Mumbai-registered (MH CIN); no address Not published tndlistings.com
Renteel Multi-city NRI portal Serves Mumbai; head office in Kolkata Not published renteel.com
66 MG Road Concierge, no rent commission Mumbai team; owner hubs Singapore, Dubai Published at /pricing; vendor work at actuals with receipts 66mgroad.com

Details reflect each company's public pages as of August 2026. Companies change plans without notice: verify before you decide.

How to choose

Ask every shortlisted company five questions in writing. Where is your Mumbai office and who is my named manager? Show me a real monthly statement with vendor receipts. What spend requires my approval before money moves? What proof of work do I get without asking? What does exit cost? The firms above differ less in their brochures than in their answers. For the pricing mechanics behind all of this, see the national pillar comparison and our published pricing.

FAQ

Which is the best property management company for NRIs in Mumbai? There is no single answer. NoBroker has the largest tenant marketplace. Housewise publishes the clearest pricing and a real Andheri East office. TND Listings is a Mumbai-registered local firm. 66 MG Road is built around itemized billing and proof. Match the model to what you need verified.

Does CURA manage properties in Mumbai? No. CURA's site describes it as a Pune NRI property service with one Pune office, and its coverage statements name only Pune. The lone Mumbai mention on its site is a client's location, not a service area. See our Pune comparison.

Which Mumbai firm publishes its prices? Housewise is the only one here that prints a real rate card: 1.25 times a month's rent plus GST for end-to-end management, and 0.5 times for renewal. NoBroker's own 8 percent figure survives only in a dated blog. NRIWAY, TND Listings and Renteel quote after contact.

How do I check a company actually operates in Mumbai? Ask for the office address and the name of the manager who would handle your flat. Housewise publishes an Andheri East office. TND Listings is Maharashtra-registered but lists no address. Renteel runs Mumbai from Kolkata. An address you can visit beats a city name on a dropdown.

Does any of them hold my rent or deposit? Housewise states it holds no funds: tenant payments go direct to the owner's account. The others do not publish a clear custody statement, so ask. 66 MG Road takes no rent commission and bills vendor work at actuals with receipts.

Why trust a comparison written by a competitor? You should not trust it. Verify it. Every entry above links to the company's own site, and we have stated where our own offering is thin.

Want billing you can audit from Singapore or Dubai? Hand 66 MG Road one Mumbai property and one contact. Every rupee a line item, no commission on rent. See pricing.

This is general information, not tax or legal advice. Confirm your own position with a qualified adviser.

Saurabh Garg, founder, 66 MG Road

Sources