If you are wondering Can the landlord increase rent in the Pagdi system. You have come to the right place. I will answer this question with ease. First, you need to know what is pagdi system is:
Pagdi SystemPagdi system is a type of renting system that is seen across India and across other countries in the world. This system was created before the Independence of India in 1947. Under this system, The person who rents (renter) is the co-owner of the property along with the landlord. The renter or tenant in the pagdi system has additional rights, these rights allow him to enjoy the rights of subletting.
To answer your question Can the landlord increase rent in the Pagdi system? The simple answer is not straight forward. Generally, the landlord can increase the rent of his property. The landlord can easily increase the statutory rent each year by 4%. The rent will either remain the same or increase as discussed by the renter and the landlord. The agreed-upon hike in rent will be mentioned in the rent agreement.
Since pagdi is an old concept and not many rules and laws are defined for rental income, it is hard to say if by law you have the right or not. It is upon the discretion of your tenant and of course your rapport with him to come to a consensus about the same.
I would still recommend you see a lawyer and clarify your doubts about the pagdi system and rental rules in it.
Read more answers :
What are the rights of a tenant in a Pagdi system
Can I get home loan on Pagdi property transferred to ownership of self.
In pagdi system can Tenant give place to subtenants ? What rules says ?
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Authors Of The Question
can i raise pagdi rent for commercial
sudhakar
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3 Year
2021-12-09T10:10:34+00:00 2021-12-11T20:50:51+00:00Comment
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