icons

Login / Sign up

Zero Brokerage.

Thousands of new listings daily.

100 Cr+ Brokerage saved monthly.

Enter phone to continue

Change Phone
Get updates on WhatsApp

Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

I have a Pagdi shop. If I rent it out to someone, do I have to pay my land lord any amount?

view 123 Views

1

2 Year

Comment

whatsapp [#222222128] Created with Sketch. Send
0 2023-06-27T16:28:46+00:00

If you have a Pagdi shop and you rent it out to someone, then you will need to pay your landlord an amount that is agreed upon between you and your landlord. This amount is usually known as ‘pagdi’ or ‘key money’.

The amount of pagdi that you need to pay will depend on various factors such as location, size of shop, etc. It’s important to note that pagdi is usually paid only once at the time of renting out the shop.

It’s also important to have a written agreement between you and your tenant that clearly outlines all terms and conditions of renting out your shop.

Check out NoBroker Legal services to verify property title, draft sale agreement, deeds, property registration and more
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners