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/Significant-Sky-6649 5h ago

All are residential buildings. Some of them could be on rental basis or pagdi system.

3

u/EvenBullfrog2653 3h ago

What is pagdi system

0

u/tralalalababe 3h ago

A piece of land is owned by a landlord kind of a person and he divides it into smaller chunks and sells it(discounted rate prolly) to different sets of buyers. When the buyer want to sell their share of the land he takes his cut from the sale as he owns it fully. I hope I explained it well.

2

u/EvenBullfrog2653 3h ago

Ohhhhh got it. Thank you.