Shailesh Dhruve 25 May 2024

Gift deed of flat

I wish gift 25 percentage of my share of flat to my wife by the way of gift Deen without any commercial transactions

.Does Gujarat govt charge registration fees on this

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5 Replies

saquib (Advocate) 25 May 2024

Yes you have to pay stamp duty and registration fee's. In Gujarat there's stamp duty of 3.5% and 1% registration fee's on valuation of property.

T. Kalaiselvan, Advocate (Advocate) 25 May 2024

This is transfer of immovable property.

A transfer of an immovable property without a registered deed is invalid hence it is mandatory as per section 17 of the trasnsfer of property act that the deed should be executed by a registered deed by paying the appropriate stamp duty and the registration charges