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Author Topic: How i can transfer Apartment Flat on my Mother's Name  (Read 140 times)

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Offline Deepakhigh99

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How i can transfer Apartment Flat on my Mother's Name
« on: January 07, 2018, 09:14:25 AM »
Hi All,

I want to transfer society flat on my mother's name. I live in New Delhi.

I am the Owner of flat.

I m separated from my wife since 2013 and now planing to file divorce. Please let me know which deed is best and how much duty i have to pay. And is there any way i can skip duty fee?

Thanks In Advance.

Offline advjaibansal

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Re: How i can transfer Apartment Flat on my Mother's Name
« Reply #1 on: January 07, 2018, 09:24:54 PM »
Dear Sir,

You may execute a gift deed favouring your mother to transfer the said flat. The stamp duty is approx 5% of the circle rate. As the apartment is in your name, you may not be able to avoid the stamp duty.

Regards,
jai bansal
Advocate, New Delhi
Supreme Court of India
bansal.jai@gmail.com
mobile: 09868566649

Offline Deepakhigh99

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Re: How i can transfer Apartment Flat on my Mother's Name
« Reply #2 on: January 08, 2018, 02:44:00 PM »
Thank you sir

 

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