Selling a padi flat

Under the pagdi system, the tenant has certain rights over the property but not over the land. The tenant can even sub-let the premises or sell the property, by giving a share to the owner.

In the pagdi rental system, the tenant is a co-owner of the property who enjoys all the rights of an owner like selling or sub-letting the property. As a co-owner, the tenant can sublet or sell the property whenever he wishes to.

When the property is sold, the landlord (owner of the property) gets 30-50% of the sale proceeds, and the tenant takes the remaining.

However, you will need a No Objection Certificate in order to sell your flat. This will only be obtainable if the landlord is okay with you selling the pagdi flat. 

Regards,

Anaita Vas