Dear Experts
A flat in Kharghar, Navi Mumbai is jointly registered under the name of my father and myself. No nominees specified as of now.
The flat is in a regd co-op housing society, and the fulfillment of housing loan payment will be completed in the next couple of months.
We intend to transfer the flat under the single ownership of my father. Please advise the best way to do this - gift deed / sales deed / relinquishment deed / other?
By best way I mean minimum expenditure, simplest procedure, and clear paper work for the future (in the eventuality when my father is no more, there should not be any ambiguity about ownership).
Regards,
