Pagdi system room registration
Vishal@123
(Querist) 17 January 2018
This query is : Resolved
Dear Sir, I have been staying since last 50 years in pagadi system room at south Mumbai my room belong to my grandfather but unfortunately he is dead so now we have 4 members in my family ( mother, two sister and me )
we have appointed private builder for redevelopment my query is that during development agreement registration at BMC who is the first owner for room my mother or me after redevelopment
what could be possibility if there are two owner for one room ether only one person should be owner for room after redevelopment
kavksatyanarayana
(Expert) 17 January 2018
All four members are having equal rights over that property. If any three members relinquish their rights to other then that person will be the owner for that room.
Kishor Mehta
(Expert) 18 January 2018
You are all tenants and not owners. For the alternate accommodation, if offered on ownership basis, you have to decide amongst yourself whose name will appear first in the registered document and share certificate. You can specify the shares of each of the legal heirs of the original tenant in the registered document.
Ms.Usha Kapoor
(Expert) 18 January 2018
yOU ALL 4 MEMBERS HAVE 1/4 EQUAL RIGHTS IN THE PROPERTY. YOU DECIDE AMONG YOURSELVES WHO SHOULD BE 1ST MEMBER. IN THE REGISTERED DOCUMENT OR SHARE CERTIFICATE. OR IF ANY 3 OF YOU RELINQUISH YOUR SHARES IN FAVOR OF 4 TH PERSON THAT PERSON WILL BECOME REAL OWNER.
