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DNYANESHWA (Mgr)     02 June 2012

Trasnfer of residentailflat to spouse without stamp duty

Hi , I purchaserd a residential flat on my name in year 2011, I want trasnfer flat ownership to my wife name. Is their any possiblity to transfer without paying stamp duty & registration charges.

Is there is alternaitve options available.

 

Please suggest.

Many thanks in advance.



Learning

 2 Replies

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     04 June 2012

1.  You can transfer the  title-ownership & society membership of the flat to your wife, via a registered + Stamp duty paid Gift-Deed.


2.  In the above case a stamp-duty of 2% and registration fee of 1% is applicable, in Mumbai region.


Without paying Stamp-Duty, it would be illegal to transfer title-ownership of any immovable property.


Keep Smiling .... Hemant Agarwal

DNYANESHWA (Mgr)     04 June 2012

Sir,

Thanks for suggestion & guideline Mr Hemant.

Is Stamp duty  & registration charges will be same for Pune ( Pimpri chinchwad) for gift deed registration?

I hope , it will be standard all Maharashtra region.

Any more comment from experts.

 

Many thanks in advance.

 

- DS/ Pune


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