| Question And Answer | |
|---|---|
| Subject: | Pagdi flat redevelopment |
| Category: | General Law, Income-Tax |
| Querist: | Avinash |
| Answered by: | Research Team |
| Tags: | Pagdi Flat, redevelopment |
| Date: | August 2, 2023 |
Hello,
I have been staying in my pagdi flat since 50 yrs which is currently going for redevelopment. Total flats are 8.
2 flats of landlord, 1 of me, 4 flats in one name which are commercial and 1 flat also commercial. Total 8 flats occupied by 4 owners.
My area is 750sq ft. What should be the majority for it to go for redevelopment considering 4 flats is of 1 owner?
How much additional area will i get?
Thanks
Depends upon the scheme approved by the Competent Authority and the negotiation with developer .
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