Managing property in Mumbai means dealing with constant movement. In 2025, the city recorded over 150,000 property registrations, generating more than ₹13,400 crore in stamp duty, the highest level seen in 14 years, according to state registration data reported by Mid-Day. This level of activity reflects how frequently homes and commercial spaces change hands or tenants.

In a market this active, ownership involves far more than collecting rent. Tenant coordination, repairs, follow-ups, and documentation require regular attention, especially when properties are spread across different parts of the city.

Property management companies in Mumbai handle these daily responsibilities on your behalf, helping keep homes and business spaces functional and compliant.

This blog covers the top 10 property management companies in Mumbai that offer dependable on-the-ground support to residential and commercial property owners.

Key Takeaways:

• Mumbai’s scale changes ownership:
  With 150,000+ registrations in 2025 and ₹13,400 crore in stamp duty, frequent tenant movement and society processes make property management a continuous operational role.

• Execution over positioning:
  Rent follow-ups, maintenance timing, exit handling, and documentation determine outcomes far more than service claims.

• On-ground presence matters:
  Local teams in Mumbai enable faster inspections, repairs, and society coordination than vendor-only models.

• Service depth differs by company
  BCD Group, Housewise, Simplease, Crest Property Solutions, and Xpert offer structured operations, while Propertism, Propshop Realty, Prime Properties, Sahejrao Realtors, and WPMS are largely brokerage, advisory, or facilities-led.

• Long-term thinking protects value:
  Treating management as an ownership function, as emphasised by Ashwinder R. Singh, a prominent real-estate leader, supports stability and reduces friction over time.

How to Evaluate Property Management Companies in Mumbai

In Mumbai, property management is less about occasional support and more about addressing recurring, everyday issues promptly. High tenant turnover, dense buildings, societal rules, and local compliance requirements mean small lapses are quickly detected.

Choosing the right property management company comes down to how well they manage routine operations over time.

Before comparing names, it helps to understand what actually affects your experience as an owner.

What Matters in Mumbai’s Context

Mumbai consistently records one of the highest property registration volumes in India, with heavy rental activity across suburbs, business districts, and mixed-use zones. This translates into frequent tenant changes, constant maintenance needs, and strict society-level processes.

A property manager’s value shows up in response time, follow-ups, and documentation, not in promises.

When evaluating property management companies in Mumbai, focus on how they handle recurring issues month after month:

• Local, on-ground presence:
  You should know who conducts inspections, attends society meetings, and coordinates repairs. Firms without physical teams in Mumbai often rely entirely on third-party vendors, which slows resolution times.

• Rent tracking and follow-up process:
  Ask how rent delays are monitored, when reminders start, and how escalations are handled. Clear timelines indicate operational discipline.

• Maintenance handling:
  Check whether maintenance is preventive or only complaint-based. Regular inspections and planned repairs reduce emergency costs and downtime between tenants.

• Tenant onboarding and exits:
  Review how background checks, move-in documentation, exit inspections, deductions, and re-listing are handled. Poor exit management is a common source of disputes and loss.

• Reporting and communication:
  You should receive periodic updates covering rent status, open issues, completed work, and next steps. This matters even more if you live outside Mumbai.

• Society and compliance coordination:
  Mumbai properties often involve society approvals, registrations, and local rules. A capable manager handles this without repeated owner involvement.

• Experience with your asset type:
  Apartments, villas, and commercial units have different needs. Make sure the firm has managed properties similar to yours in the same micro-market.

When assets are managed in isolation, gaps tend to appear over time. Backed by a legacy since 1952, BCD Group brings integrated experience across development, engineering, and long-term asset care, supporting continuity and durability across the property lifecycle.

Once you know what to evaluate and why it matters, the next step is identifying which property management companies in Mumbai are consistently delivering on these basics.

Leading Property Management Companies in Mumbai

Mumbai’s rental market tightened in 2025, with average transacted rents rising about 6% year-on-year to nearly ₹125 per sq ft per month. When rents move this quickly, delays in follow-ups, maintenance, or tenant exits directly affect your income. This is where the right property management company starts to matter.

Below are the property management companies in Mumbai that owners commonly consider for consistent, on-ground support.

1. BCD Group

BCD Group is one of India’s oldest and most established real estate conglomerates, with a heritage spanning over 70 years in construction, development, engineering, and property services.

Founded in the 1950s, they now operate across multiple cities and internationally. The Group delivers residential, commercial, and mixed-use projects backed by deep operational experience and financial discipline.

How BCD Group Does Property Management:

• Integrated real estate capability: Property management draws on the Group’s extensive experience in planning, construction, and operations, ensuring maintenance aligns with original design and quality standards.

• Dedicated on-ground teams: Properties are supported by local managers and service crews who coordinate repairs, inspections, and tenant needs.

• Continuous operations support: Around-the-clock maintenance and security help address issues promptly and reduce disruptions.

• Systems-led coordination: Management uses BCD’s internal operational systems across construction, quality control, and facilities.

• Utility and vendor handling: Day-to-day tasks, including utility payments and vendor coordination, are managed on behalf of owners.

• Lifecycle involvement: BCD’s involvement from development to long-term upkeep provides continuity and contextual understanding of the asset.

2. Housewise

Housewise is a Mumbai-based, tech-enabled property management company founded by IIT Roorkee alumni. The company manages 4,500+ residential properties and works with a significant share of its portfolio located across Mumbai and Navi Mumbai.

How Housewise Handles Property Management:

• Dedicated property managers: Each property is assigned a manager responsible for tenant coordination and routine follow-ups.

• Process-led rental handling: Tenant onboarding, inspections, renewals, and exits follow defined operating workflows.

• Maintenance coordination: Repairs, inspections, and society or utility-related tasks are handled through local vendor networks.

• Digital reporting: Owners receive online access to rent status, service updates, and property documents.

3. Simplease

Simplease is a Mumbai-headquartered, tech-enabled property management company founded in 2012. The company operates with a small, focused team while managing properties for owners who prefer structured oversight rather than self-management.

How Simplease Handles Property Management:

• Assigned relationship managers: A single point of contact manages owner communication and coordination.

• Structured tenant sourcing: Uses a combination of direct channels, corporate empanelments, and broker networks to place tenants.

• Routine property oversight: Regular inspections and maintenance coordination to keep homes tenant-ready.

• Operational handling: Rent tracking, utility coordination, and upkeep tasks are handled through defined internal processes.

If you want to understand how structured systems, clear follow-ups, and disciplined ownership decisions protect your property over time, Ashwinder R. Singh’s Masterclass offers a practical perspective grounded in real market experience.

4. Xpert Property Management Services

Xpert Property Management Services Pvt. Ltd. is a Mumbai-based facilities management company incorporated in 2017. Unlike rental-focused property managers, Xpert operates primarily as an integrated facilities and operations provider, supporting residential and commercial buildings with manpower-driven services.

How Xpert Handles Property Operations:

• On-site deployment model: Services are delivered through stationed teams rather than remote coordination.

• Round-the-clock operations: Buildings are supported through 24/7 staffing and supervision structures.

• Single-point execution: Property owners and associations deal with one operational vendor instead of multiple contractors.

• Process-driven supervision: Daily activities follow predefined operational and safety protocols monitored by supervisors.

5. Crest Property Solutions

Crest Property Solutions was founded in 2017 as a subsidiary of the Rustomjee Group, a Mumbai-based real estate developer. The company was set up to handle post-purchase property operations for residential and commercial assets. It focuses on society-managed developments and large-format properties.

How Crest Handles Property Operations:

• Society-led management structure: Works closely with housing societies and associations to manage daily operations at the asset level.

• Process and audit orientation: Operations follow documented workflows, internal reviews, and compliance checks.

• Technology-supported execution: Uses internal systems and apps to manage service requests, access control, and operational tracking.

• Large-asset handling capability: Structured to manage properties at scale, including high-density residential and mixed-use developments.

6. Propertism

Propertism is a MahaRERA-registered real estate firm founded in 2009 and based in Powai, Mumbai. It operates primarily as a brokerage-led service provider, focusing on residential and commercial transactions in premium micro-markets such as Powai, Hiranandani Gardens, Navi Mumbai, and Thane.

How Propertism Operates:

• Micro-market focus: Concentrates on a limited set of neighbourhoods, allowing for local pricing familiarity and buyer–tenant matching.

• Brokerage-driven execution: Property services are routed through transaction support rather than long-term asset operations.

• Owner representation: Acts on behalf of owners for tenant sourcing, deposits, and periodic site visits when required.

• Adjunct support services: Facilitates home loans, interiors, and auction-related assistance through partner networks.

For a clearer understanding of residential property decisions, Master Residential Real Estate covers due diligence, location assessment, pricing judgment, and common legal gaps in the Indian housing market.

7. Welcome Property Management Services

Welcome Property Management Services (WPMS) is a Mumbai-based real estate firm founded in the early 1970s, with over five decades of operating history in the city. It works across property transactions, investment advisory, and management services, with a focus on central and eastern Mumbai, and is MahaRERA-registered.

How WPMS Operates:

• Transaction-led approach: Management services are closely linked with leasing, resale, and acquisition support.

• Local market coverage: Focuses on established micro-markets such as Chembur, Wadala, Sion, Parel, and nearby areas.

• Client-representation model: Acts on behalf of owners for negotiations, documentation, and coordination.

• Multi-service coordination: Brings together property management, finance, and advisory support through a single firm.

Suggested Read: Maharashtra Stamp Duty Amnesty Scheme: A Complete Guide

8. Propshop Realty

Propshop Realty is a Mumbai-based real estate consultancy operating primarily as an estate agency. The firm focuses on residential and commercial property transactions rather than end-to-end property or facilities management. Its work is centred on advisory and brokerage support for owners, tenants, and investors across select Mumbai suburbs.

How Propshop Handles Property Operations:

• Transaction-focused services: Supports buying, selling, and leasing of residential and commercial properties.

• Advisory-led engagement: Provides market inputs and guidance to clients during pricing, negotiation, and deal closure.

• Suburb-level presence: Operates from offices in Andheri West and Kandivali West, serving nearby micro-markets.

• Owner and tenant representation: Acts as an intermediary between parties rather than as an ongoing asset manager.

For a structured understanding of commercial property beyond transactions, The A to Z of Commercial Real Estate breaks down fundamentals, financing, market analysis, and legal requirements across the CRE lifecycle.

9. Prime Properties

Prime Properties is a name used by multiple independent, small-scale real estate brokerages operating across Mumbai and Navi Mumbai. These entities are not part of a single incorporated chain. Offices listed under this name operate in locations such as Borivali East, Borivali West, Mulund West, Airoli, and CBD Belapur, and primarily function as local estate agencies.

How Prime Properties Handles Property Operations:

• Local brokerage model: Each office functions independently, serving its immediate micro-market.

• Transaction-first focus: Activities centre on buying, selling, and leasing rather than ongoing property operations.

• Neighbourhood familiarity: Relies on area-level knowledge for pricing and deal facilitation.

• Limited operational involvement: Does not typically handle maintenance, tenant lifecycle management, or long-term asset oversight.

Recommended Reading: Stamp Duty and Registration Charges on Resale Properties in Maharashtra

10. Sahejrao Realtors

Sahejrao Realtors (also referred to as Sahejrao Properties) is a Mumbai-based real estate consultancy established around 2010. It functions as a micro proprietorship focused mainly on commercial real estate advisory and brokerage. This is a limited residential leasing business and is registered as a microenterprise under Udyam-MH-18-0186964.

How Sahejrao Realtors Operates:

• Commercial-first focus: Concentrates on office leasing, commercial purchases, and investment-related advisory.

• Local market execution: Works closely within Goregaon East and the surrounding business districts.

• Client-representation model: Acts as an estate agent supporting negotiations, site visits, and deal coordination.

• Relationship-led practice: Operations are driven by direct client engagement rather than scale-based systems.

After reviewing the service providers operating in the city, it helps to step back and look at how experienced leaders think about property management over the long term.

A Leadership Perspective on Property Management: Ashwinder R. Singh

Most property issues don’t begin as major problems. Small gaps like missed rent follow-ups, delayed repairs, and unclear responsibility build over time, gradually affecting returns and peace of mind.

Ashwinder R. Singh views property management through the lens of long-term ownership and operational discipline. As Vice Chairman & CEO of BCD Group and Chairman of the CII Real Estate Committee, Mr. Singh brings experience across banking, advisory, and development, and has led large-scale projects.

These include BCD City and the BCD Royale luxury portfolio. This background informs a view of property management as a core ownership responsibility rather than a support function.

How this perspective reframes property management:

• Problems are operational, not occasional: Most ownership friction comes from daily gaps rather than rare events.

• Processes reduce dependence: Clear systems matter more than individual effort or constant owner involvement.

• Maintenance protects value quietly: Regular upkeep prevents disputes, downtime, and avoidable capital erosion.

• Accountability changes outcomes: Defined responsibility for rent, repairs, and reporting keeps assets predictable.

• Ownership is long-term: Property management should support stability over the years, not quick fixes.

To understand how this ownership-first thinking has been shaped across decades of leadership, development, and market cycles, explore Ashwinder R. Singh’s biography.

Conclusion

Property ownership in Mumbai works best when everyday responsibilities are handled with the same seriousness as the original purchase decision. Over time, it is routine follow-ups, timely repairs, clear documentation, and steady coordination that determine whether an asset remains stable or becomes a source of friction.

Choosing the right property management company is less about scale or claims and more about how consistently the basics are executed month after month. Viewing management as a long-term ownership function, rather than a reactive service, helps protect both value and peace of mind in a city as active as Mumbai.

For continued insights on ownership, leadership, and long-term thinking in real estate, subscribe to Ashwinder R. Singh’s newsletter, where practical experience meets clear perspective.

FAQs

1. How do property management companies in Mumbai track and follow up on rent payments?

Most structured firms use defined schedules for reminders and escalations, tracking payments monthly, and following up promptly to reduce delays and protect cash flow.

2. Can a property management company handle society coordination in Mumbai?

Yes. Established firms regularly manage society approvals, NOCs, move-in permissions, and compliance requirements, which are common across Mumbai’s residential buildings.

3. Is property management useful if I own only one property?

Even a single property benefits from professional management, especially in Mumbai, where rent follow-ups, maintenance, and tenant exits require regular attention.

4. Do property management companies help during tenant exits and disputes?

Most full-service providers handle exit inspections, deductions, repairs, and re-listing. Some also assist with dispute coordination, though legal matters may require external support.

5. What should NRIs look for when choosing a Mumbai-based property manager?

NRIs should prioritise local on-ground teams, clear reporting systems, documented processes, and experience managing properties without frequent owner involvement.