Real Estate Management is the control, operation and overlook of real estate as used in most extensive terms. Management express a need to be cared for, control and liability given for its effective life and condition.
Property management system is also the management of particular property, tooling, equipment and physical capital goods that are collected and used to build, replacement and control end item deliverable. Property management system concern the processes, manpower and systems required to control the life cycle of all collected property as defined above along with control, accountability, acquisition, maintenance, utilization,responsibility and disposition.