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chintan (student)     14 March 2009

commercial area on pagdi system in mumbai

hello friends,

my father had purchased a commercial property on pagdi system . now he does not want to continue his business and want to give the propert on rent.

is it posible to give on rent to the other party?

am i concern with the landlord?

can landlord create problem while giving on rent?



 5 Replies

PALNITKAR V.V. (Lawyer)     14 March 2009

Please clarify if Pagdi is a kind of deposit. I believe that it is actually a deposit.

chintan (student)     14 March 2009

we have paid amt for the commercial place.when we get into selling the area , the landlord will demand 1/3 of sales amt.

PALNITKAR V.V. (Lawyer)     15 March 2009

what is the nature of payment?

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     16 March 2009

In Andhra Pradesh, pagdi is a type of deposit with certain period.

chintan (student)     19 March 2009

we have given cash to the landlord. in mumbai there are many buildings on pagdi can say45%.

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