Pricing guide · Chennai
How much does property management cost in Chennai?
RelyBricks charges 12% of your property's annual rental value for end-to-end property management in Chennai, subject to a minimum annual management fee of ₹21,000 + applicable GST. The fee is calculated as monthly rental value × 12 × 12%. Tenant sourcing, inspections, maintenance coordination, bills and owner reporting are included in that management fee. Actual property works, vendor costs and taxes are separate. Project management for agreed works is 15% of project value + applicable GST.
This guide explains how RelyBricks prices property management and how other fee models in the market typically work. Figures here are illustrative — not a quote for your property. Last reviewed: August 2026.
RelyBricks pricing at a glance
RelyBricks charges 12% of your property's annual rental value for end-to-end property management in Chennai. The formula is monthly rental value × 12 × 12%, subject to a minimum annual management fee of ₹21,000 + applicable GST.
Tenant sourcing, inspections, maintenance coordination, bills and owner reporting are included in that management fee. Actual property works, vendor costs and statutory charges are separate. Project management for agreed works is 15% of project value + applicable GST.
| Monthly rent | Annual rental value | 12% calculated | Annual management fee |
|---|---|---|---|
| ₹10,000 | ₹1,20,000 | ₹14,400 (below minimum) | ₹21,000 + applicable GST |
| ₹15,000 | ₹1,80,000 | ₹21,600 | ₹21,600 + applicable GST |
| ₹25,000 | ₹3,00,000 | ₹36,000 | ₹36,000 + applicable GST |
| ₹30,000 | ₹3,60,000 | ₹43,200 | ₹43,200 + applicable GST |
| ₹40,000 | ₹4,80,000 | ₹57,600 | ₹57,600 + applicable GST |
| ₹50,000 | ₹6,00,000 | ₹72,000 | ₹72,000 + applicable GST |
All examples plus applicable GST. For vacant homes, use the agreed expected monthly rental value.
For vacant homes, use the agreed expected monthly rental value.
Estimated annual management fee
₹21,600 + applicable GST
- Annual rental value
- ₹1,80,000
- Management rate
- 12%
This estimate covers RelyBricks' property management fee. Property works, third-party costs and the 15% project management fee for work undertaken are separate.
What the annual management fee includes
- Tenant sourcing
- Tenant screening and onboarding
- Rental agreement coordination
- Tenant communication
- Rent collection and follow-up
- Renewal coordination
- Move-out coordination
- Scheduled property inspections
- Photo and video reporting
- Maintenance coordination
- Urgent property issue coordination
- Utility bill coordination
- Property tax and payment coordination
- Association and community payment coordination
- Vacant-property oversight
- Owner communication and reporting
The annual management fee covers RelyBricks' coordination and management services. It does not pay for vendor labour, materials, utilities, taxes or statutory charges.
Property works and project management
Repairs, maintenance, refurbishment and improvement works are financially separate from the annual management fee. RelyBricks coordinates those works at 15% of project value + applicable GST. Project value means The agreed third-party cost of the work being managed, excluding the RelyBricks project management fee and applicable taxes.
Maintenance coordination is included in the annual management fee. Actual works are billed separately. This is not a hidden markup — it is a separate project management fee for work you agree to undertake.
Why there is no single Chennai price
Property management is not one fixed product. One owner may need vacant-home visits and bill coordination only. Another needs tenant sourcing, rent collection, maintenance coordination and regular photo reports while living overseas.
Before you compare providers, separate three things: the fee model, what is included in that fee, and what your property needs (tenanted or vacant; apartment, villa, bungalow or plot).
Common pricing models in property management
Percentage of annual rental value
Some providers charge a percentage of annual rent collected or annual rental value. Your fee then moves with the rent on the property. Inclusions vary widely between providers.
RelyBricks uses this model publicly: 12% of annual rental value, minimum ₹21,000/year + applicable GST, for one end-to-end management service.
Flat annual subscription
Many owners pay a fixed annual subscription for an agreed bundle of services — periodic visits, coordination with tenants and vendors, and structured reporting. The advantage is knowing the subscription cost for the year, subject to any agreed add-ons.
Tenant placement / sourcing fees
When a home is empty, some owners pay a separate tenant-finding or placement fee in addition to ongoing management. Others bundle sourcing into the management fee. RelyBricks includes tenant sourcing in the annual management fee.
Maintenance coordination fees and vendor charges
Maintenance pricing is often variable. Providers may charge for coordination time, pass through vendor invoices, or add a markup. RelyBricks coordinates maintenance and emergencies with verified vendors. Owners approve work that needs a decision. Vendor costs are separate from the management fee.
What usually affects your total cost
- Occupancy. Tenanted homes need tenant communication and renewal coordination. Vacant homes use agreed expected monthly rental value for the management fee calculation.
- Property type. Apartments, villas and bungalows follow residential management scopes. Plots and land are separately scoped and quoted.
- Service depth. Owner-occupied, sale-only or project-only scopes are quoted separately.
- Property works. Repairs and refurbishment are separate from the annual management fee, with project management at 15% of project value + applicable GST.
- External brokerage or advertising. Third-party costs may be separate and should be agreed with the owner.
Flat annual fee vs percentage of rent
There is no universally better model — it depends on rent level, services included, and how predictable you need costs to be. The table compares typical patterns in the market with what RelyBricks publishes today. It is not a quote.
| Attribute | Flat annual fee (typical pattern) | Percentage of rent (typical pattern) | RelyBricks (public information) |
|---|---|---|---|
| Fee basis | Fixed annual or stated contract fee | Fee linked to monthly rent collected | 12% of annual rental value; minimum ₹21,000/year |
| Cost predictability | Base fee often fixed for the contract year | Moves with rent; may change if rent changes | Fixed for the agreed management term; recalculated at renewal |
| Typical inclusions | Varies — visits, coordination, reporting often bundled | Varies — sometimes narrow (rent collection only) | End-to-end management: tenants, inspections, maintenance coordination, bills, reporting |
| Tenant sourcing | May be included or charged separately | May be a separate placement fee | Included in the annual management fee |
| Property works | Often billed as add-ons | Usually separate from management % | Separate — project management 15% of project value + applicable GST |
| Vacant property | Often available as scoped care | Less commonly the primary model | Fee based on agreed expected monthly rental value; minimum applies |
| Plot / land | Sometimes a separate product | Uncommon as rent-% model | Separately scoped and quoted — not automatic 12% |
How to compare quotes fairly
- Write down your situation — tenanted or vacant; apartment, villa, bungalow or plot; local or remote owner.
- Request inclusions in writing — tenants, bills, inspections, vacant care, emergencies.
- Confirm visit and reporting frequency — photos, video, written reports.
- List likely add-ons — placement fees, extra visits, maintenance markup, property works.
- Set maintenance approval rules — thresholds, emergency authority, who signs off quotes.
- Compare total expected annual cost, not only the headline fee.
For overseas owners, see the guide to managing property from abroad. For current inclusions, see the services page.
FAQ
Questions owners ask about cost
How does RelyBricks calculate the annual management fee?
- Monthly rental value × 12 × 12%, subject to a minimum annual management fee of ₹21,000 + applicable GST. For vacant homes, use the agreed expected monthly rental value.
What is included in the annual management fee?
- End-to-end property management and coordination: tenant sourcing and lifecycle, inspections with photos and video, maintenance coordination, bills and owner reporting, and vacant-property oversight. Vendor labour, materials, utilities, taxes and statutory charges are separate.
How are property works priced?
- Actual repairs, maintenance, refurbishment and improvement works are separate. RelyBricks project management is 15% of project value + applicable GST. Project value means The agreed third-party cost of the work being managed, excluding the RelyBricks project management fee and applicable taxes.
Does the fee change if my tenant leaves mid-year?
- The annual management fee remains unchanged during the agreed management term because management continues during vacancy.
What happens at renewal?
- The management fee can be recalculated based on rental value at renewal.
How do multiple properties work?
- Each property is calculated separately. Portfolio pricing may be agreed separately — there is no fixed published portfolio discount.
How do plots and land work?
- The 12% annual rental value formula does not apply automatically. Plot and land care is separately scoped and quoted.
How do I get an exact quote from RelyBricks?
- Call +91 99520 04948 or submit details on the contact page. A written scope is proposed within one business day, per current site copy.
Related reading
Property management services in Chennai
The full service set for local and overseas owners.
Managing a Chennai home from abroad
A practical guide for overseas and out-of-station owners.
NRI property management in Chennai
Local oversight, photos and reporting while you live overseas.
Tenant management for rental homes
Sourcing, screening, rent collection and renewals.
What the management fee includes
End-to-end property management on the services page.
How RelyBricks started
Built by homeowners who moved abroad.
Want a written scope and price for your property?
Share whether the home is tenanted or vacant and the property type. RelyBricks will propose a clear plan within one business day — no obligation to proceed.