Parent can release her share in a property to child through a registered gift or release deed2 min read . Updated: 05 May 2020, 10:44 PM IST
Gift deed should be duly stamped by paying the applicable stamp duty in the state where the house is situated
I am a native of Orathanadu in Tanjore, Tamil Nadu, and currently live in the United Arab Emirates (UAE). I want to buy 2 acres of agricultural land in the state, which will cost me about ₹12-14 lakh. Please note that all of my income is from the UAE and I have no income in India. As per the law, am I eligible to apply for a loan in India to buy the agricultural land?
Select your Category