Under the Pagdi system, the tenant has certain rights over the property but not over the land. The tenant can even sublet the premises or sell the property, by giving a share to the owner. If you as a tenant had purchased a ‘tenancy right’ under the Pagdi system, you are a partial owner of the rented property. This means if the original owners choose to sell the building with its land to a new real estate developer, you as a tenant will be given a substantial percentage of the current sale amount to vacate the premises. However, it is important to note that the rights of tenants in a Pagdi system building may vary depending on the state you are in. You may want to check with your local sub-registrar’s office for more information.
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What are the Rights of Tenants in the PAGDI Building?
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2023-06-15T09:05:29+00:00 2023-06-15T09:32:58+00:00Comment
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