Property Manager

3 days ago

Vile Parle, Maharashtra, India OVI Facility Management Services Full time

About Colstay Limited (Hive Hostels)

Hive Hostels is India's leading luxury student accommodation provider, committed to offering a safe, comfortable, and vibrant living experience for students across the country. We understand the challenges students face while living away from home, and we aim to create a stress-free environment that allows them to focus on their academic and personal growth. Our properties are designed to deliver convenience, comfort, and a memorable community-driven hostel experience.

Job Role: Property Manager

The Property Manager will oversee the day-to-day operations of our student hostel properties and ensure smooth coordination between management, tenants, and maintenance teams. The ideal candidate is organised, proactive, and capable of managing both people and property operations effectively.

Key Responsibilities:

1. Tenant Relations

  • Manage tenant relationships and address concerns promptly.

  • Screen potential tenants and conduct background checks.

  • Handle lease agreements, renewals, and terminations.

  • Oversee rent collection and manage payment follow-ups.

  • Coordinate evictions and legal proceedings when required.

2. Property Management

  • Maintain properties to high standards through regular inspections.

  • Supervise maintenance and housekeeping teams.

  • Coordinate repairs and ensure timely resolution of issues.

  • Prepare and manage property budgets and financial records.

  • Conduct market research to stay updated on rental trends.

3. Marketing & Leasing

  • Advertise available properties across online/offline platforms.

  • Manage inquiries and schedule property viewings.

  • Negotiate lease terms and finalize contracts.

4. Financial Management

  • Set, collect, and record rent and other applicable fees.

  • Manage property expenses, bills, and tax-related payments.

  • Prepare monthly financial reports for the management/owners.

5. Legal & Compliance

  • Ensure compliance with local landlord–tenant laws.

  • Maintain documentation and adhere to regulatory requirements.

  • Enforce property standards and company policies.

Preferred Candidate Profile:

  • Prior experience in property management, hospitality, real estate, or admin roles

  • Strong communication and interpersonal skills.

  • Ability to manage teams and handle operational challenges.

  • Organised, responsible, and able to multitask.

Job Type: Full-time

Pay: ₹200, ₹420,000.00 per year

Benefits:

  • Food provided
  • Provident Fund

Work Location: In person

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