NoBroker vs Housewise vs 66 MG Road vs a Local Broker: The Full Comparison
If you own a flat in India and live abroad, four kinds of people can run it for you: a marketplace platform, a rental-focused management company, a concierge like us, and the local broker who found your last tenant. They are not the same product, and they do not charge the same way. This page compares all four, using what each states on its own public pages. Every claim links to its source. Where a company does not publish a number, we say so.
Disclosure: 66 MG Road wrote this page. We are one of the four options 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, and we state plainly where our own offering is thin.
How to read this comparison
Three things separate these four more than their feature lists:
- Where the money comes from: a percentage of rent, a fee per tenancy cycle, a small management fee with vendor work at cost, or a one-time commission. The model decides whose side the incentives sit on.
- What runs after move-in: finding a tenant is the easy part. Rent, repairs, statements and proof over years is the job. A broker stops at move-in; the others do not.
- What they publish: printed prices and a stated proof standard are ones you can hold them to. A quote after a sales call is not.
NoBroker
Site: https://www.nobroker.in/nri/
NoBroker is India's largest no-brokerage real estate platform, and its NRI arm sits on top of that marketplace. Its NRI pages list a dedicated property manager as a single point of contact, lifetime tenant search, timely rent collection with direct transfers, regular property checks with detailed reports, high-quality photo and video updates, on-demand repairs through trusted vendors, rental agreements, legal help including POA drafting, NRI tax filing with TDS and capital-gains advisory, and repatriation assistance. Cities include Mumbai, Delhi NCR, Bangalore, Chennai, Hyderabad and Pune, with Noida, Gurgaon, Faridabad and Ghaziabad on other pages (NoBroker NRI). The NRI page states "zero brokerage" but publishes no management fee; a NoBroker blog announcing property management cites 8% of monthly rent and a rental guarantee under which it pays rent during vacancy (NoBroker blog).
Model: marketplace plus subscription plans. Strength: scale and tenant pipeline, plus the widest bundled service list, including video updates and tax filing. What its NRI page does not state: the management fee, itemized vendor billing at cost, or an owner-approval floor on spends. Our full read is in NoBroker vs 66 MG Road.
Housewise
Site: https://housewise.in/
Housewise is a rental-focused property management company and publishes the clearest pricing in the market. Its end-to-end management plan costs 1.25 times one month's rent plus GST, with Rs 5,000 plus GST 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 (Housewise). Its NRI page states it serves 5,500-plus NRIs across 40-plus countries and claims operations in 25-plus Indian cities including Pune, its headquarters, Mumbai, Delhi NCR, Bangalore and Hyderabad; its Pune page claims 5,500-plus owners and a 99% renewal rate (Housewise NRI). The plan covers tenant placement, agreement and police verification, photography, deposit and first-rent collection, society formalities, dispute resolution, periodic visits, and repair and maintenance.
Model: tenancy-cycle fee, priced per placement and renewal. Strength: published, checkable pricing, and a rental focus. What its pages do not state: how repair and vendor work is billed, or what proof of work the owner receives as standard. Our full read is in Housewise vs 66 MG Road.
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 are the product: 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% 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. We also do not offer a rental guarantee, deposit custody at scale, or a marketplace of tenants the size of NoBroker's. If you want the biggest tenant pipeline, NoBroker has it. If you want the lowest-friction tenancy fee, Housewise publishes it. If you want billing you can audit line by line with dated proof, that is our product.
The local broker
Cost: typically one month's rent, once, per placement
The broker who found your last tenant is the incumbent for most NRIs. The model is simple: a one-time commission, often one month's rent, charged when a tenant is placed, sometimes from both sides. The broker knows the micro-market and moves fast on a listing. But the model ends at move-in. There is no ongoing management, no monthly statement, no vendor receipts, no dated proof, and the incentive is to close a placement, not to keep your tenant renewing or your repairs honest. When something breaks a year later, you are back to phone calls. It is a placement service, not a management service, and it is priced like one.
Model: one-time placement commission. Strength: local knowledge and speed on a listing. What it lacks: any ongoing management, statements, proof of work or accountability after the tenant moves in.
Comparison table
| NoBroker | Housewise | 66 MG Road | Local broker | |
|---|---|---|---|---|
| Model | Marketplace + plans | Tenancy-cycle fee | Concierge, no rent commission | One-time commission |
| Published pricing | No mgmt fee on NRI page; blog cites 8% of rent | 1.25x month's rent + GST; renewal 0.5x + GST | From 5% of monthly rent; min Rs 2,500/mo; at /pricing | Typically 1 month's rent per placement |
| Rental guarantee | Cited in blog | Not stated | No, by design | No |
| Vendor work billing | Not stated on NRI page | Not stated | At actuals with receipts, itemized | Not applicable |
| Proof of work | Photo and video updates | Not stated | Dated photo and video, standard | None after move-in |
| Owner-approval floor on spends | Not stated | Not stated | Yes, above a set floor | Not applicable |
| Ongoing management | Yes | Yes | Yes | No |
| Cities per their pages | Mumbai, Delhi NCR, Bangalore, Chennai, Hyderabad, Pune, +NCR | 25+ claimed | Mumbai, Pune, Bangalore, Hyderabad, Chennai, Gurgaon | One local market |
| NRI tax / legal help | Yes, named | Not the focus | Coordinated; records kept | No |
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 option five questions in writing. Who is my named manager and what happens if they quit? 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, and what happens between tenants? A broker will not have answers past the first placement. NoBroker and Housewise will point to their service pages; press them on vendor billing and proof, which neither publishes. We answer all five the same way in writing, and you can check our pricing at /pricing. The head-to-heads go deeper: NoBroker vs Housewise, NoBroker vs 66 MG Road, and Housewise vs 66 MG Road.
FAQ
NoBroker vs Housewise vs 66 MG Road: which is best for an NRI landlord? There is no single answer. NoBroker has the largest tenant marketplace and the widest bundled services. Housewise publishes the clearest tenancy-cycle pricing. 66 MG Road is built around itemized billing at actuals and dated proof, with no commission on rent. A local broker is a placement service, not a manager. Match the model to what you need verified.
Is a local broker cheaper than a property manager? On day one, often yes: a one-time commission looks cheaper than an ongoing fee. But a broker does no management after move-in. No statements, no vendor receipts, no proof. The real comparison is a one-time placement against years of managed rent, repairs and records. Price the whole period, not the placement.
Which of these publishes its pricing? Housewise publishes a tenancy-cycle fee of 1.25 times a month's rent plus GST. 66 MG Road publishes full management from 5% of monthly rent with a Rs 2,500 monthly minimum at /pricing. NoBroker's NRI page does not publish a management fee, though a blog cites 8% of rent. A local broker's commission is set case by case.
Does NoBroker or Housewise guarantee my rent? A NoBroker blog describes a rental guarantee that pays rent during vacancy. Housewise does not state a rental guarantee on the pages we read, and 66 MG Road does not offer one by design. A guarantee is priced into the fee somewhere; ask how.
Why should I trust a comparison written by 66 MG Road? You should not trust it. Verify it. Every entry links to the company's own site, we state where competitors do not publish a number, and we name what we do not have: no long track record, no rental guarantee, no marketplace the size of NoBroker's.
What is the one question that separates a manager from a broker? "Show me last month's statement with vendor receipts." A manager has one. A broker does not, because the broker's job ended when the tenant moved in.
Want a manager who bills at actuals and proves every job? Hand 66 MG Road one property and one contact. No commission on rent, dated proof on every repair. See pricing.
Saurabh Garg, founder, 66 MG Road
Sources
- NoBroker NRI services: https://www.nobroker.in/nri/
- NoBroker property management launch blog (8% of rent, rental guarantee): https://www.nobroker.in/blog/nobroker-launches-property-management-services/
- Housewise NRI property management and pricing: https://housewise.in/nri-property-management-services
- Housewise Pune page (5,500+ owners, 99% renewal): https://housewise.in/rental-property-management-services-in-pune
- 66 MG Road pricing: https://66mgroad.com/pricing