The AVANA Lifecycle

All of the phases you’ll encounter as a landlord, and the resources to deal with them.

Phase 1: Invest

Step 1: Research

We look into the following areas to identify the best available options

  • Your Investment objective
  • Location - City, area , neighbourhood
  • Builder/Developer Analysis
  • Cost over a period of time, applicable taxes & Insurance, maintenance.
Step 2: Buy

Once we select a property we help and facilitate in the all the necessary negotiations, documentation and formalities.

  • Price
  • Mortgage assistance
  • Booking procedures
  • Registration of the property
  • Renovation if required

Phase 2: Post Acquiring

Step 3: Upgrade, Advertise and list

We make your property part of Avana Homes if you plan to rent it out. Our expertise will help get tenants quickly and make the whole experience effortless

  • Making the property rentable that will make it stand apart from others
  • Using the network we have built to advertise and market your property

LEASE

We carefully select the client for a seamless move in process after completing the formalities and other details as required.

Phase 3: Lease

Step 4: Tenant Screening

We have internally designed a screening process for prospective tenants to minimize any kind of risk involve in leasing. Below are some of the checks and processes we follow

  • A detailed rental application form to capture all the relevant details
  • Taking references from previous landlords and neighbours if need arises
  • Credit Score – which will help us determine payment history
  • Check employer and other professional details
  • Verifying the identification proofs
  • Police verification
Step 5: 5) Handover – Key, Move in

  • Getting the lease documents registered and signed
  • Making the moving in to Avana Homes convenient for tenants
  • Providing a copies of documents, other utility numbers , Avana maintenance contracts as required
Step 6: Rent Collection

So to maintain rent collection on time, it’s important to get the same done seamlessly. We get the rent collected on a timely manner and get it deposited to your bank accounts. Enjoy rentals in your bank account every month and relax with no hassles.

Phase 4: Maintenance

Step 7: Maintenance and Repair

It’s important to keep a regular check of your property. Wear and tear can be minimized and controlled through regular home audits. On time response will help in tenants staying for longer durations and thus reducing search costs at every renewal.

  • Home audits will be conducted every quarter to
  • Fumigation and Deep cleaning at regular intervals
  • Sofa and carpet cleaning so as they are well maintained
  • Appliance management and much more on demand services
  • One single number to address queries and emergency requirements.
Step 8: Moveout, Renew or List

Renewals or Tenants leaving before the complete tenor will be handled by us so that you don’t waste any time at all. We will take care of

  • Settle for any utility bill due
  • Take a proper notice period from the tenant
  • Return refundable deposit and sign the move out lease
  • Relist the property, get repair done if any and find a new tenant

Prosper and Relax

When your property is well managed and maintained, you can prosper more, by carefully selecting the property or taking mortgage so to utilize your liquidity better, or doing a extensive research and due diligence before acquiring an assets.

Prosperity also comes from selecting the right tenant and getting higher rental yield

Sit back, relax and enjoy! Leave the rest to us.

Contact Avana

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