Stamp duty on settlement deed

Can the immovable property held in the name of the sister be given to her own younger brother through the settlement deed?  If answer is affirmative then what is the rate/quantum of stamp duty applicable.  Does this reduce the quantum of stamp duty applicable if the property is transferred through sale deed.  The property is located in the city of Mumbai in a co-operative housing society.

Thanks.

M. L. SONEJI