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Gift Deed Property Transfer To Wife
15-Jul-2023 (In Property Law)
If I transfer my property of 40lakh to my wife through gift deed ,what would be the charges/cost involved.Who can help me with this transaction.
Respected sir
if you wish to transfer your property in mumbai to your wife through gift deed then you have to pay 1% stamp duty of market value of your flat and has to registered the same.
Execution of documents depends on state law.
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Adv. Vanita Yogesh Orpe
Mumbai | 50+ Answers
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Hello,
If you want to make a gift deed of the property based in maharashtra, 1% plus further registration cost will be applicable if its done between husband and wife.
Do let us know where is the property based ?
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Adv. Chinnmay S. Shah
Mumbai | 100+ Answers
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This is my response to you:
1. Draft a gift deed through your lawyer;
2. You will have to pay stamp duty and registration fees;
3. You will have to register at office of sub registrar;
4. Consult a local lawyer and take steps.
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Adv. Gowaal Padavi
Mumbai | 1000+ Answers
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