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Category: Commercial Real Estate

Commercial Real Estate (CRE) refers to properties that are used for business or commercial purposes rather than residential purposes. These properties are generally acquired by individuals or companies for generating income through rental or capital appreciation.

What are Key Performance Indicators (KPI) in Facility Management?

Asset Management, Commercial Real Estate, Facility Management Software / April 8, 2020 / Ashish Sharma

Facilities Management KPI Key Performance Indicators (KPI) in Facility Management The last two decades have seen large-scale automation or digitization of all the operational heads like finance, purchase, HR, etc. The facility is no different. One by one most of the processes are shifting to online systems. Visitor entries, vehicle management, lease and utility billing,

What is Best Practice for Late Payment Charges in Billing?

Accounting, Best Apartment Management Software in India | Factech, Billing, Commercial Real Estate, ERP, Facility Management Software, Society Management Software / March 31, 2020 / Manvik

“A corporate park increased it’s collections by more than 30 lakhs in 1 year by levying late payment charges using billing software.” “A group of residents raised concern in the RWA board that delayed payment charge is wrongly calculated.” “The management is losing more than 1 lakh monthly since delayed payment is charged only on

LT Panel Maintenance – Why & How? (Manvik) (33,358)
What is Low Tension (LT) Panel LT Panel is an electrical distribution board that receives power from generator or transformer and distributes the same to various electronic devices and distribution boards. What is use of LT Panel LT Panels are used with low tension cables to obtain power from the generator or transformer and distribute electricity to
Mall Management System (Tavleen Kaur) (15,430)
What is Mall Management System? Mall Management is defined as an overall operation and maintenance of the entire building infrastructure, including the services and utilities, ensuring that they are used in a way that are consistent with the purpose for which it was acquired. Mall Management encompasses operation, facility management, security, accounts, common area maintenance,
Best Maid Attendance Tracking App | Track Your Maids Effortlessly (Manvik) (13,160)
Maid Attendance App Worried if your maid is coming today! Get iSocietyManager App and track your maids effortlessly Residents using iSocietyManager Mobile app get notified whenever their maid or domestic help enters or exit their condominium. After login in your iSocietyManager app, the Staff UI can be used to View list of all your staff
What is DG | Measure Your DG Efficiency | Factech (Manvik) (12,402)
What is DG Efficiency DG Efficiency stands for Distributed Generation Efficiency. Fuel is the major portion of diesel Genset, owning and operating cost for power applications. Modern diesel plant, at its near-optimal loading ( 65- 70%) generate 3.3 to 3.5 kWh per litre. That is a 30% fuel efficiency ratio. Why measure DG Efficiency? Whether
HVAC Maintenance (Manvik) (12,289)
HVAC Maintenance Checklist As per Wikipedia "Heating, ventilation, and air conditioning (HVAC) is the technology of indoor and vehicular environmental comfort. Its goal is to provide thermal comfort and acceptable indoor air quality." Why You Should Have an Annual HVAC Maintenance Plan? Prevention is better than cure. This is as true for Assets as for