Pagdi Tenancy in Mumbai: What Buyers Must Check
Pagdi tenancy in Mumbai is not a normal flat purchase. See how it differs from leave and licence and what to check before you pay.
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Page Summary
Mumbai Real Estate Insights · Older Tenancies Pagdi Tenancy in Mumbai: What Buyers and Investors Should Understand First A pagdi flat or shop in Mumbai is not a normal purchase and not a normal rental. It is an older tenancy arrangement where the occupant paid an up-front sum and pays a small rent, and where the rights of the landlord and the tenant are both real. This Banke India guide explains the idea in plain terms and lists the questions to settle before you pay anyone for such a property.
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