Sibsankar Datta (Freelance) 21 January 2021

Professional charges query

In case of Gifting a property I understand that the Stamp duty will be 0.5% and registration fee will be 1% of the market value of the property. I want to know the professional charges for completing the process of gift registration..

Reply Follow

Quick Summary

This discussion clarifies the professional charges involved in registering a gifted property. While stamp duty is typically 0.5% and registration is 1% of market value, professional fees can vary significantly based on the individual's reputation and expertise. Many people opt for readily available online gift deed formats, which are often free and have been vetted by experts.

2 Replies

G.L.N. Prasad (Retired employee.) 22 January 2021

It varies from person to person depending on his reputation. Mostly, those persons who are educated goes for online formats as several forums offered the formats, and free of cost one can download the formats. These formats have stood test of time and used by thousands after study by many experts. Just google with key words "Draft format of Gift deed"