Legal Question in Real Estate Law in India

gift deed

my sister is giving me a house as a gift, kindly advice what amount of charges like stamp duty payable etc the propoerty is in bangalore


Asked on 8/18/07, 5:07 am

4 Answers from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Re: gift deed

Every state has its local stamp act. Further, stamp duty is calculated on the basis of the Market Value Charts maintained by registration offices. You need to consult local lawyer of Banglore to get the details.

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Answered on 8/18/07, 6:39 am

Re: gift deed

Stamp duty vary from state to state.consult a lawyer of your area with details.

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Answered on 8/18/07, 8:18 am
Alok Sharma Alok Sharma & Associates

Re: gift deed

a local lawyer will guide you better. It should be same as in the case of sale deed.

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Answered on 8/18/07, 1:06 pm
kavitha balakrishnan kpp associates

Re: gift deed

8% registration duty and fee of 1% leviable.

settlement in case of mother , father, son, daughter it is maximum of Rs,1000/-

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Answered on 8/21/07, 2:15 am


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