I have a commercial property based in Mumbai in the name of my grand grandfather in pagdi system, I am handling/taking care of the property from 40 years. I am the only one paying rent & license of the property through check/cash and have all the receipts/proofs of it, now I want to sell the property but all other members of my grand grandfather are asking for their shares. I am willing to give them their share but I want all the rent & license paid by me to be divided among the share holders with intrest to pay me which they are not agreeing.
Please advise me what to do and how to sell the property?
You're looking to sell a commercial property in Mumbai held under the Pagdi system, which has been in your family for generations. You've been managing and paying all rent and license fees for the past 40 years and have proof of payments. Other family members are now requesting their shares, but you want to be reimbursed for the rent and license fees you've paid, with interest, before distributing the shares. As there's no will, you need advice on how to proceed with the sale and recover your expenses.
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