I am rebuilding our house in Maharashtra for my parents. Me and my father visited a consultant for transfer of property from my father to myself. He advised us that we need to perform a sale deed on the government valuation of the house and need to pay regular stamp duty. Is it correct? Do we need to pay stamp duty on transfer of property in blood relation?
The home is ancestral and had been transferred from my grand-uncle to my father (and as per my father it was done by a registered deed, paying some fees at that time). My father has two sisters and I have two sisters.
Property details: Independent house (Villa)
Can anyone please advise best way to transfer property on my name?
Will sisters or aunts have any right over property after lawful transfer of property on my name?