Tenant + rental management for NRIs in Mumbai.
We find the tenant, screen them, paper the agreement, collect the rent, and handle the exit. You see every rupee land in your account. On-ground in Mumbai. Mumbai stock is overwhelmingly cooperative-society flats. A non-attending NRI owner accrues notices and dues fast.
What is tenant + rental management for NRIs?
NRI rental management is a managed letting service for owners abroad that covers tenant sourcing, screening, agreement, rent collection, renewals, deposit handling, and exit, with each rupee reconciled to the owner's NRO account.
Letting a property from abroad usually means trusting two people you have never met: a broker who takes two months' rent and disappears, and a tenant nobody actually vetted. When it works, you got lucky. When it does not, you find out at month four, two months of rent behind, with a flat you cannot inspect and an agreement clause you cannot locate.
The failures are predictable. A tenant stops paying and the gap surfaces too late to act cleanly. A brokerage collects a fat upfront fee for a tenant who leaves in four months. A deposit dispute comes down to memory because no one documented the move-in condition. You want to let, but you do not even know what a fair market rent is right now.
We replace luck with a process. We market the home with real photos and grounded pricing, then screen every applicant properly: identity, employment, prior-landlord reference, background check. You see the screening report and a short profile and you approve or veto before a single agreement is drafted. Nothing about who lives in your property is decided behind your back.
Once a tenant is in, the agreement is drafted to your terms and registered correctly under state law, with NRI-aware clauses on remittance, jurisdiction, and exit, reviewed by a lawyer. Rent is chased on a fixed escalation policy, not a hope, and lands reconciled in your NRO account every month. The deposit is held against a documented condition report, not a recollection.
When a tenant will not pay or will not leave, we do not hand you a lawyer's number and step back. We run it: formal notices, mediation, and coordinated legal recovery where it is needed. And you pay a flat onboarding fee plus monthly management, never the two-month broker commission that rewards churn over care. We make money when your property is well let, not when it turns over.
Mumbai rules every NRI landlord should know
Letting a Mumbai flat from abroad turns on one document: the leave and licence agreement, registered before the tenant holds the keys. Skip the registration and Maharashtra law reads any later dispute in the tenant’s favour. We run the full cycle for your flat in Bandra, Powai, or Andheri, from listing to exit, and we e-register every agreement so you never fly in to sign.
- Registration is compulsory, whatever the term. Section 55 of the Maharashtra Rent Control Act, 1999 requires every leave and licence agreement to be written and registered. The 11-month shortcut from other states does not apply. The duty to register sits with you, the owner. Miss it and the penalty runs to 5,000 rupees and up to three months in jail, and in a dispute the tenant’s version of the terms stands unless you disprove it. Maharashtra runs online e-registration, so we close it without you in the country.
- Non-occupancy charges are capped at 10%. When you let the flat, the society may levy a non-occupancy charge. A Maharashtra government order of 1 August 2001 under Section 79A caps it at 10% of the service charges, municipal taxes excluded, and the Bombay High Court has upheld the cap. Service charges mean security, staff, common-area power, and housekeeping, not the sinking fund, repair fund, or property tax. We read the society bill and dispute anything above the line.
- The society cannot bar you from letting. Under the Maharashtra Co-operative Societies Act, 1960, a society cannot stop a member giving a flat on leave and licence. It can ask for prior notice, a copy of the agreement, and police verification of the tenant. We file all three and keep the receipt in your vault.
What's included
- Tenant sourcing + screening: We market the home, vet applicants, and verify identity, employment, and references.
- Rent agreement: State-compliant agreements drafted and registered, with your terms protected.
- Rent collection: Rent tracked and chased so it reaches your account on time, every month.
- Deposit handling: Deposits held and reconciled against a documented move-in condition report.
- Renewals + revisions: We negotiate renewals and escalations so you never leave money on the table.
- Exit + handover: Move-out inspection, deductions, and deposit settlement, all documented.
How it works
- Day 1 — List + price: We market the home with photos and verified pricing.
- Week 1-3 — Source + screen: Applicants vetted: ID, employment, references, last-landlord call.
- On match — Agreement + move-in: Agreement registered, deposit collected, condition report filed.
- Monthly — Collect + report: Rent collected, reconciled, into your NRO account. Statement to you.
Why 66 MG Road
- Tenant screening that actually screens. Identity, employment, last-landlord call.
- Agreement drafted to your terms, registered correctly under state law.
- Rent collection chased to a fixed escalation policy. Three-strike rule, then action.
- Deposit reconciled to a documented condition report, not memory.
- No two months' broker fee. Flat onboarding cost, then monthly management.
- Dispute support on the ground. We do not hand you over to a lawyer mid-fight.
66 MG Road vs a typical local broker
| 66 MG Road | Typical broker |
|---|---|
| Flat onboarding + monthly management | Two months' rent up front |
| Verified screening, last-landlord call | ID copy and a smile |
| Rent chased to a fixed escalation | You chase the broker who chases the tenant |
| Condition report at move-in | Memory + dispute later |
| Dispute support on the ground | A number that stops answering |
Quick takeaway
- We find, screen, paper, collect, and exit. You do not chase anything.
- Flat fee. No two months' broker commission.
- Every rupee lands in your NRO account, reconciled monthly.
FAQ
How do you screen tenants?
We verify identity, employment or business, prior-landlord references, and run a background check before anyone signs. The full screening report sits in your dashboard.
How does rent reach me abroad?
Rent is collected into your NRO account in India. We track and chase it on a fixed escalation policy, and your dashboard shows each month settled.
What happens if a tenant stops paying or refuses to leave?
We act early: formal notices, mediation, and where needed, coordinated legal support for recovery and eviction. We do not hand you off to a lawyer; we run it.
How is the deposit handled?
The deposit is held against a documented move-in condition report. At exit it is reconciled against move-out condition and any unpaid dues, then settled with itemised receipts.
What does this cost?
A flat onboarding fee for sourcing, then a monthly management fee. No multi-month broker commission. Stamp duty and registration on the agreement are at actuals.
Will the agreement protect me as the NRI owner?
Yes. We draft to state law with NRI-aware clauses on remittance, jurisdiction, and exit. A lawyer reviews every agreement.
Do you handle short stay too?
Short stay and Airbnb-style letting is a separate service under "Airbnb and short-stay". The two run on different operating cadences.
Can I see the tenant before I sign off?
Yes. We send you the screening report and a short profile. You approve or veto before any agreement is drafted.
Do you actually have a team in Mumbai?
Yes. We have an on-ground team in Mumbai covering Bandra, Worli, Juhu, Andheri and the surrounding areas. The team works under MahaRERA and the Maharashtra state framework, and we file at IGR Maharashtra where registration is required.
Which areas in Mumbai do you cover?
We work across Mumbai with concentrated coverage in Bandra, Worli, Juhu, Andheri, Powai, BKC, Lower Parel. For properties outside these, we deploy on a per-visit basis under the same reporting standard.
Do I have to register an 11-month rental agreement in Mumbai?
Yes. Maharashtra requires every leave and licence agreement registered, whatever the term. The 11-month exemption used elsewhere does not apply. We prepare and e-register it, and file the registered copy in your vault.
Who pays the stamp duty and registration on a Mumbai leave and licence?
By convention the tenant bears it, but the law makes registration the owner’s duty. Stamp duty runs about 0.25% of the total rent over the term plus the deposit. We set who pays in the agreement and collect it before we register.
Do I have to inform the police about my tenant?
Yes. Maharashtra Police rules put tenant intimation on the landlord. Mumbai Police takes it online, and there is no separate police NOC to chase. We file the intimation with every new tenancy.
Related
- NRI property management in Mumbai
- Property management for NRIs
- Maintenance + repairs for NRIs
- Documentation + legal for NRIs
- Records + reporting for NRIs
- Bills + utilities for NRIs
- Sale + purchase for NRIs
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