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brothers exchange identical from same village plots .
12-Feb-2025 (In Property Law)
two adjucent, identical plots are in the name of two brothers. they want to exchange it for their convienince is it possible without paying stamp duty.
As per the Indian Stamp Act of 1899, an exchange of immovable property between two brothers requires a registered exchange deed, and stamp duty is applicable as per state laws. There is no exemption from stamp duty unless state-specific concessions exist for family transfers.
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Adv. Ranabir Datta
Pune | 100+ Answers
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Dear client based on your query, it might be advantageous to consult with a legal professional to ensure all relevant factors are thoroughly assessed and addressed appropriately, also to ease the matter we can help you regard the process and in legal ways for which you can connect with us.
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Adv. Kalpana Sanap
Pune | 200+ Answers
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Yes, It is possible to exchange the same for minimal charges. Please reach out to me so that I can review the facts of your case thoroughly. I need to understand the details before providing any comments or suggestions. I will require more clarity on your situation.
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Adv. Ajinkya Sanjay Gosavi
VasaiVirar | 100+ Answers
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