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Property Management Services

End-to-end property management for hassle-free ownership

11 frequently asked questions

Overview

Azuro handles the entire rental lifecycle on your behalf:

• Tenant sourcing — Azuro promotes your property across top property portals, an internal network of corporate clients, and local-area brokers. Azuro-managed properties are rented out 3x faster than self-managed listings.
• Tenant verification — identity verification, credit history, civil and criminal court record checks.
• Best rent negotiation — Azuro negotiates with tenants to secure the best possible rent.
• Rent agreement and paperwork — drafted and managed by Azuro, including police verification.
• Move-in inspection report — detailed condition report with photographs before tenant move-in.
• On-time rent collection and settlement — collected digitally through the Azuro app, settled to you within 5 days.
• Periodic property inspections — quarterly inspections keep you updated on property condition.
• Maintenance coordination — all requests handled through the Azuro app with verified vendors.
• Move-out inspection and deposit settlement — move-out audit compared to move-in report for fair assessment.
• Dedicated property manager — your single point of contact via calls and WhatsApp.

Azuro charges a monthly property management fee only when your property is tenanted and generating rental income. No fee is charged during vacant periods. This aligns Azuro's interest directly with yours — they are motivated to find a good tenant quickly and retain them throughout the tenancy.

Azuro charges a monthly property management fee calculated as a percentage of the rent collected, billed only in months when the property is tenanted. The exact rate depends on the city, property type, and service plan. Azuro also periodically offers introductory free-period offers for new landlords. Request a current quote at squareyards.com/property-management or through the Square Yards app — your assigned property manager will share the applicable fee before you sign up.

Azuro periodically offers an introductory free period of property management for new landlords registering for the service. Check squareyards.com/property-management for the current offer when you register.

The Process

Azuro uses market data and its knowledge of local rental trends to recommend an optimal rent for your property. When prospective tenants are identified, Azuro negotiates on your behalf to achieve the best possible rate. The Property Valuation service available through squareyards.com also covers rental yield estimates, which can serve as a useful benchmark before you list.

Azuro distributes your listing across the Square Yards network (12 million+ monthly visitors), top external property portals, its own corporate tie-ups for employee housing, and local-area broker networks. Every prospective tenant goes through identity verification, credit history checks, and civil and criminal record checks before being shortlisted. Azuro-managed properties rent out approximately 3x faster than self-managed listings due to this multi-channel reach combined with structured screening.

Tenants pay through the Azuro app via UPI, Net Banking, or credit card. Automated reminders are sent before the due date and digital receipts are issued for every payment. Azuro settles the collected rent to the owner within 5 days of receipt on a predictable schedule. You can view full payment history, settlement status, and any pending dues in your owner dashboard on the Azuro app.

Tenants raise Service Requests directly through the Azuro app. Azuro triages the request, dispatches a verified vendor, and keeps both tenant and owner informed. For routine matters and tenant-caused damage, the tenant bears the cost. For structural issues and general wear-and-tear repairs, Azuro seeks owner approval before work begins — you see the quote and scope and authorise it from the app. Azuro handles 1,000+ maintenance requests every month across its managed homes.

Azuro has a strict verification process to prevent unauthorised or proxy listings. Anyone listing a property through Azuro must provide the registered Sale Deed or Index II as proof of ownership. A live video verification is also conducted with the legal owner to confirm they are authorising the listing. This process ensures that only legitimate owners can list and manage properties through Azuro.

Special Cases

Yes. You can post a rental property listing on squareyards.com and connect directly with interested tenants without using Azuro. Square Yards also offers standalone services — such as online rent agreement drafting — that you can use independently. Azuro is the option for owners who want the fully managed, hands-off experience.

Rental income from an Indian property belongs to an NRI owner and can be received into an NRO account. Post the applicable TDS deduction by the tenant (under Section 195 for NRI landlords) and the filing of the relevant tax return, up to USD 1 million per financial year can be repatriated from the NRO account to an overseas account, subject to a Chartered Accountant's certification in Forms 15CA and 15CB per FEMA rules. Azuro settles rent into your chosen account and coordinates documentation; repatriation itself is executed through your authorised bank. Consult a qualified tax advisor for your specific situation.

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