Legal Question in Real Estate Law in India
I need to gift a property (mkt value: Rs. 55 lakh; location: new delhi) to my daughter. Can you give me an estimate of amount (in INR) that I'll need to spend as stamp duty?
Thanks in advance.
Asked on 12/09/13, 3:31 am
2 Answers from Attorneys
We need to know the locality of the land to give you an estimate as it will depend upon the circle rates .
Answered on 12/09/13, 9:49 pm
Yash Kumar
Yash Kumar & Co.
Dear Client,
You have to pay only 2.25% as Stamp Duty.
For further assistance you may contact me on 08750228171.
Thanks & Regards
Answered on 12/10/13, 4:43 am
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