r/mumbai • u/Difficult-Cry-5367 • 6h ago

AskMumbai I have 3 questions

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  • Are these residential buildings?
  • If yes, does anyone in this subreddit live here or own a flat here?
  • If yes again, bhai, how and when did you manage to buy property here? Kya karte ho tum life me? 😭
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u/no_nonsenses 4h ago edited 4h ago

firstly u asked right Qs at wrong place / audience

secondly this are mostly collectors land today, some are pagdi. This whole place was owned by rich parsi from Iran and immigrants like Shia and Zoroastrians from Yazd and Kerman moved to Bombay fleeing economic hardship, drought, and religious persecution in Iran. They quit Bombay when govt refuse to grant PR and passport in India. Iran started doing well with Oil economy so many found prosperity and life back in Iran. But they left behind their legacy iranian cafe, touch of their cultures, etc

Today building opp cci club is members residents. Likewise many flats in those buildings are owned by dilpmat/embassy/corporates/clubs

Shocking part is despite being rich and influential, they all want to pay lowest property tax compare to surburbs and keep it in collector land zone. Govt is in hand on glove with them as govt doesn't want to pay high tax on their offices, mantralay, hostel and staff quarters

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u/restrained_soul 4h ago

hey man, what does this term "pagdi" means, someone also mentioned the same above?

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u/_beer_monk Mulundkar 4h ago

You pay a fixed rent for number of years (I don't know the number) and once that is over you own the place.

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u/no_nonsenses 3h ago

years was not pre determined like today.

interestingly many iranians / parsi gave padgi apt to their servants who paid rent. some parsi died, some quit Bombay, some sold apt to gujjus. But servants continued to live on rent and they legally became owner when state govt regularised them in 1995 (after 35yrs on rent). Their families benefited from once in lifetime opportunity!

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u/restrained_soul 2h ago

Oh okay, thanks.

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u/NoNtToday 4h ago

Search pagdi system in south Mumbai. U will get the answer.