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Home / Legal / Documentation / I have a Pagdi shop. If I rent it out to someone, do I have to pay my land lord any amount?
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I have a Pagdi shop. If I rent it out to someone, do I have to pay my land lord any amount?

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Mumbai
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0 2023-06-27T16:28:46+00:00
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If you have a Pagdi shop and you rent it out to someone, then you will need to pay your landlord an amount that is agreed upon between you and your landlord. This amount is usually known as ‘pagdi’ or ‘key money’.

The amount of pagdi that you need to pay will depend on various factors such as location, size of shop, etc. It’s important to note that pagdi is usually paid only once at the time of renting out the shop.

It’s also important to have a written agreement between you and your tenant that clearly outlines all terms and conditions of renting out your shop.

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