Stamp duty is calculated based on a property’s market value2 min read 05 Oct 2015, 08:18 PM IST
The transfer of immovable property by way of a gift must be effected by a registered and stamped instrument signed by you and must be attested by at least two witnesses
I have read that the duty charged for gifting residential property is only 200. So, if I want to gift my flat in Andheri, do I need to pay 200 as stamp duty and then register the agreement by paying the registration charges?
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