Pagdi System Name Transfer

Incidentally in the rent act 1974 giving or receiving pagdi in cash was held illegal hence there was extensive use of black money.

Pagdi system name transfer. We are residing in this chawl since 40 years. This system is common in parts of maharashtra delhi and kolkata. Transfer of ownership in pagdi system since the pagdi system is a peculiar local feature you may better contact a lawyer familiar with the situation in mumbai. Since then i have been living there as i am the only heir.

My mother is currently living in thane and managing her expenses from 10k rent she receives from the said mumbai room. Secondly landlord is also saying that to sell this room to him for 14 lakh and 5 lakh to him again towards name transfer to him. Now too in cities like mumbai for the transfer of tenancy 33 per cent of the amount in transaction is paid ilto the landlord to affect the transfer of tenancy or assignment. Landlord is asking 7 5lakhs for name transfer.

The landlord or any person acting or purporting to act on behalf of the landlord could receive any fine premium or other like sum or deposit or any consideration refers to pagdi in respect of the grant or renewal of a lease of any premises or for giving his consent to the transfer of a lease to any other person. However prima facie it appears that even if you are a tenant the tenancy may be heritable by you and your mother jointly. He had purchased a room in 1995 in my mother s name in south mumbai on pagdi system which is now given on rent with landlords permission in return of paying him one months rent every year. Can you please let me know what is the legal transfer fees for name transfer i have agreed to sell my room at 19lakh.

I live in a house which was purchased by my mother in 1982 on pagdi system. What is pagdi system. Now the landlord has asked me to transfer the pagdi on my name. The pagdi system is a form of tenancy in india where the tenant is also part owner of the property.

Under this system verbal agreements played a major role in property transfers where in the tenants were given a slip of rent payment and further tenants made payments in full to the landlord. My mother died in 1984. Read on to know whether pagdi system is legal and what is your liability if you wish to sell a pagdi property that you may have bought long back. This pagdi kirayadar system was launched before independence in order to avoid paying excessive taxes to the british.

The section 56 of the rent control act 1999 legalised the pagdi system when it said that the tenant or any person acting or purporting to act on behalf of the tenant to claim or receive any sum or any consideration as a condition of the relinquishment transfer or assignment of his tenancy of any premises.