Legal Question in Real Estate Law in India

Hi,

My mother is wishing to transfer/Gift the property in her name to my name. I also have a one elder and two younger sisters.

The property(Land) is in Chennai, Kolathur (Plot area 1200sq.ft) Guideline value Rs.2000/- per sq.ft

Questions

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1. What will be the charges i need to pay for the property transfer/Settlement deed

2. Should i go for a settlement deed or do i have any other options for a quick and cheapest property transfer.

3. Pls provide breakup of the charges like BOND paper, registration charges etc

4. Do i need any "NO Objection Certificate" from my Sisters? This is not ancestral property and self-earned by my mother.


Asked on 12/14/13, 1:42 am

1 Answer from Attorneys
S. Kumar (Advocate)

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Answered on 12/14/13, 8:35 am


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