Soumya (owner) 19 June 2011
Hi, Currently I and my 2 elder sisters own 2 houses under Howrah Municipality. My both sisters are married and they are willing to give there share in favor of me. For that I am thinking of Gift deed but not sure how much it would cost on stamp duty.
Our 2 houses value is about 50 lakhs.
Can anybody give me an assumption about how much money it can cost to prepare the gift deeds ?
A V Vishal (Advocate) 19 June 2011
Stamp Duty: One-half of one per centum of the market value of the property which is the subject matter of the Gift.
Registration Charges: As applicable in West Bengal
Professional Fees for Advocate/Document writer: No Idea.
sheela subbarao (Advocate) 19 June 2011
Stamp duty and registration fees for Gift Deed are nominal. Should not be more than Rs.2 to 3 thousand.
Bharatkumar (ADVOCATE ) 20 June 2011
In our Gujarat stamp duty on geft deed is 4.90% as per government rate of the property and registration fees is nominal and other charges.
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