Society's responsibility during transfer as gift

For a gift transaction, the society has to ensure that a copy of the Gift Deed, duly registered with the Resitrar of properties concerned and further declarations from the donee, confirming to abide by the bye laws are given. Such transaction would not attract any transfer fees. However, if the transfer of the flat is governed by the CIDCO regulations, then CIDCO's no objection is required for which CIDCO charges a nominal fee (Navi Mumbai properties, for example).

Vasudevan