Upgrad LLM

pagdi tenant covert to owner


Hello Respected Experts , 

 

I am from Mumbai. I am landlord and owner of building where I have pagdi tenants. My pagdi tenants are now ready to pay a certain amount per sq ft and become owner of their flats so that we convert tenancy to ownership and make it into a coop housing society. They are also willing to pay stamp duty and registration for their individual flats 
 

is that possible ? What will be the procedure 

 
Reply   
 
CEO

It is possible, approach a reliable architect and he will arrange for the necessary procedure. 

 
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Advocate

The posting suggests no legal issues.

 
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Advocate and Legal Consultant

Yes, the proposal is good for both the parties.

It is better to consult a local prudent lawyer with relevant records for analyses of facts, professional advise and necessary proceeding.

 
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