The cess property is a type of property tax that is levied by the government on the property owner. The tax is calculated as a percentage of the property’s annual value and is used to fund various civic amenities such as roads, water supply, and sanitation.
On the other hand, Pagdi is a system of tenancy prevalent in some parts of India, particularly in Mumbai. Under this system, the tenant becomes a part-owner of the premises and not of the land. The tenant continues to pay rent to the owner as long as they are not sub-renting the premises. The tenant also gets the right to sell the property, wherein they pay a certain substantial amount of 30-50% of the total amount of the sale to the owner/property owner.
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What is the Difference Between Cess Property vs Pagdi?
Atul Shirodkar
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1 Year
2023-10-12T11:45:40+00:00 2025-05-02T10:25:28+00:00Comment
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