Pagdi Building

Mahek Shah (Querist) 16 September 2018 This query is : Resolved
Dear Sir,
We are 7 land loards of the pagdi building.We had purchased 2 falts in 2007 in the same building where we stay.So there is redevelopment process going on but all other 6 are demanding for transer money for our 2 flats in ehich we stay.Is transfer to be paid to all other 6 as we have purchased for our own stay?

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Kishor Mehta (Expert) 16 September 2018
Clarify whether you are landlords of the entire building or just tenants of two flats of the building?

P. Venu (Expert) 16 September 2018
The facts, as posted, lacks clarity.

Dr J C Vashista (Expert) 19 September 2018
Vague query.
If you are the landlord, why did you purchase 2 flats?

Hemant Agarwal (Expert) 23 September 2018
1. Apprehensively, you have purchased "tenancy rights" in the PAGDI system building, from the earlier tenant, that too without taking NOC from the Land Lord of the Pagdi building. IF so, THEN the Land Lord of the Pagdi building, shall demand money for Transfer of Tenancy rights to your name.

2. You CANNOT purchase Title-Ownership rights in a PAGDI system building, since the entire PAGDI system building, belongs to the Land Lord and by purchasing Tenancy rights of two Flats, you CANNOT become the land-lord of any portion of the building, in any way.

Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com

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