icons

Login / Sign up

Zero Brokerage.

Thousands of new listings daily.

100 Cr+ Brokerage saved monthly.

Enter phone to continue

Change Phone
Get updates on WhatsApp

Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

Daughter wants to gift her share in the flat to her mother. How much is the stamp duty and registration charges in Mumbai?

view 237 Views

1

9 months

Comment

whatsapp [#222222128] Created with Sketch. Send
In Mumbai, the stamp duty and registration charges for gifting property within the family are relatively lower compared to other transactions. Here are the details:
  1. Stamp Duty: For gifting residential or agricultural property to a family member (such as a mother), the stamp duty is a flat rate of ₹200.
  2. Registration Charges: The registration charges are typically 1% of the property's market value, subject to a maximum limit of ₹30,000.
These rates are applicable for family members, which include parents, children, and spouses. It's always a good idea to consult with a legal expert or visit the local Sub-Registrar Office to ensure you have the most accurate and up-to-date information. Check out NoBroker Legal services to verify property title, draft sale agreement, deeds, property registration and more
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners