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In realty sector, many flock for organised facilities management services

In organised facilities management, a real estate developer outsources property maintenance, housekeeping and concierge services, among others, to a third party

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4 min read Last Updated : Mar 23 2019 | 10:48 PM IST

Cost efficiency coupled with the unique selling proposition (USP) of organised facilities management services by real estate developers are finding many takers.

So much so, that the industry estimates the organised facilities management services market to grow beyond Rs 25,000 crore by 2020.

In organised facilities management, a real estate developer outsources property maintenance, housekeeping and concierge services, among others, to a third party.

By 2020, industry players and observers estimate that share of the organised facilities management will grow to 25 per cent of the total realty market. The overall market potential, including in-house as well as outsourced facilities management services, is

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