Nagpur: Maharashtra Deputy Chief Minister Eknath Shinde on Thursday, December 11, said that the state government will soon announce a new regulatory framework to redevelop "Pagdi" buildings in Mumbai. Shinde, who holds the housing portfolio, said that the city has over 19,000 Pagdi buildings, most of them built before 1960.

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What Are Pagdi Buildings?

Pagdi is a traditional tenancy rental model, where the tenant is part-owner of the house, enjoys nominal rental rates and also has both subletting and selling rights of the property.

The Deputy CM said that though some of these pagdi buildings have undergone redevelopment, several have collapsed, however, nearly 13,000 are still awaiting rec

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