The gift deed registration fees vary based on the state where the transfer occurs. Here are some general guidelines:
Stamp Duty:
Stamp duty rates for gift deeds range from 2% to 7% of the property value.
Some states waive stamp duty when the gift is given to blood relatives.
Registration Charges for Gift Deed:
The registration fee for a gift deed is typically 1% of the total gift value.
For instance, if the property’s value is Rs 5,00,000, the registration fee would be Rs 5,000.
To register a gift deed, you’ll need the following documents:
Original gift deed.
ID proof (such as Aadhaar Card or Driving License) for both the donor and donee.
PAN card of the donor and donee.
Document (like a sale deed or title deed) to prove the ownership of the donor.
Passport-size photograph.
ID proof of the witnesses.
I hope you get an idea of the registration fees for gift deed.
Get Your Sale Deed Drafted at the Lowest Rate with NoBroker Legal Service.Read more -
What are the charges for gift deed registration for family members with relevant GO NO?
I recently got the gift deed registered, so I know how much does gift deed cost. As per the Maharashtra Stamp Act (Article 34), which was amended in 2017, gift deed stamp duty is 3 percent of the value of the property. However, if the concerned property is an agricultural or residential property and is gifted to family members without any payment, then, the gift deed stamp duty is Rs. 200.
Read more:
What is gift deed of immovable property?
Authors Of The Question
What is the cost to register a gift deed?
Bruno Mendes
1358Views
2 Year
2022-01-29T14:51:27+00:00 2024-07-02T08:59:33+00:00Comment
2 Answers
Share