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56(2)(x) b or 56(2)(x)c-->pagadi residential flat is immovable property?

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(Querist)
31 October 2023 i want to purchsae a pagadi residential flat in mumbai. but stamp reckoner value is coming 3 times than what vendor of flat is asking as price.

56(2)(x) b is for immovable property and other that immovable propertry is 56(2)(x)c

is pagadi an immobable property?
my view--> no , its other than immovable properry. because, its a tenancy right in immovable property . We dont get bank loan also when we purchase it.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
31 October 2023 You are right pahadi is not a immovable property.
It's a payment for the tenancy right in immovable property.
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