Stampduty for gift deed of commercial property

Stamp duty varies from State to State and is generally based on the market or fair value of the property. However, many States levy only nominal stamp duty for gift among close relatives.

Stamp duty as well as registration charges are State subject which differ from one to another State on each and every document presented for registration.

It is better to consult and engage a local prudent lawyer for better appreciation of facts/ documents, professional advise and necessary proceeding.

Commercial properties are not allowed to be transferred through Gift Deed mode in city of Mumbai

You can email your query at nikita.parekh75@gmail.com for further assistance

Originally posted by : Nikita Parekh
	Commercial properties are not allowed to be transferred through Gift Deed mode in city of Mumbai You can email your query at nikita.parekh75@gmail.com for further assistance

Ms. Nikita:

Kindly provide us the Law which disallows transfer of commercial properties through Gift Deed. So also, which are the areas that City of Mumbai?

Mr P.Venu

What I mean is the benefit of stamp duty exemption for transfer of property within blood relatives, cannot be availed in case of transfer of Commercial property