Dear Sir /Madam,
I am having one flat purchased on my(Owner-50%) and my fathers(Co-owner-50%) name in Navi Mumbai. I have paid entire loan myself without help of my fatehr. Now I want to transfer his share to my name and he is also ready to do so. I am having one brother & one sister, hence I don't want to have any dispute after death of my father. So I want to know if gift deed will be less expensive than sale deed? Whether during gift deed also stamp duty is required to be paid? Or please suggest any other way to transfer this property to my name with less expenses. How 'Will' will be useful in this case pls tell?
Thanks!
