Gift Deed

When it is gifted to any other person, the stamp duty rate is 5% in panchayat areas and 6% in municipal areas, corporation areas and urban areas. If the market value of the property is more than Rs. 40 lakhs, then an additional 1% stamp duty is charged in both urban and rural areas consult me for complete knowledge

Approach a local lawyer to get help, normally Gift Deed registration requires same stamps duty as Sale Deed.