pashyanti (legal manager) 11 June 2010

sale of Gifetd property

Hi everyone.

My question is?

Whether I can sold the property which I have by Gift Deed?

Regards

Pashyanti

Reply Follow

4 Replies

raj kumar ji (LAW STUDENT ) 11 June 2010

yes u can do it .

m.kupparaju (Advocate) 11 June 2010

If you have derived the property through Registered Gift Deed, you will become absolute owner and you have every right to sell the property as per your wish.

Harvinder Singh (sales manager) 13 June 2010

Sir,

How much stamp duty I had to pay on a gifted propery worth Rs.2500000.00,kindly advice.

Regards

Harvinder Singh

Bharatkumar (ADVOCATE ) 17 June 2010

Yes, u can do it. But In sale deed u mention a amount and in gift deed not compulsory to mention a amount. Stamp duty and registration fee are as per sale deed in Gujarat state, If u r other state u contect local lawyer.