Hello All,
First of all, sorry if this question was asked already by any of the members. If already answered, would be great if someone guide me to that place. I tried searching, no luck.
I need a quick advice regarding transfer of my Mom's property to my name. Mom is self willing to gift a property (a small house constructed on a 30x50 site) to me so that I can make use of it or demolish the existing house, apply for loan and build a new house over there. So, the question is, does my mom need consent from my married sister or a NOC required from my sister/siblings so that Mom can transfer the property to my name? Note, its her own wish to gift it to me. What are the procedures to be followed to get the property transferred to me. Is it Gift deed which my mom needs to make ? Should I pay the stamp duty etc., again as per today's market price ? Please advice. Awaiting your reply.
Regards, Raj