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satish hariharan (nil)     03 October 2014

What is pagdi system. is it legal?

Hi, my name is Satish. I am looking out to sell our property In a society n move to some other cheaper house. I came to know about this pagdi system from my friends. I want some more information about this type of property and difference between them & society property. I have googled and even saw some post in this website but unfortunately none of them explains what exactly the system is and it's legal validity. 

Please help me with the same b where to find such pagdi houses in Mumbai suburbs. Your input will be highly appreciated.

 

Satish



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 1 Replies

Rangee (Lawyer)     04 October 2014

Pagdi is amount paid to the tenant who vacates the house to next tenant It is good will amount for having vacated in favour of next tenant It is oldest  system existing in Bombay and it is not legal.

R.S.K.Singh


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