Dashboard
You have notification

View All Shortlists
Know your Adverstiser
We
don't spam
More detailed understanding
Ask your real estate related query here
QUESTION

A flat in Pune, Maharshtra owned by son jointly with mother. Son wants to relinquish it to his mother so that she beacomes sole owner. What is the stamp duty applicable?

By Hemant Patki   a month ago  16 views
 
 
 
 
 
 
 
ANSWERS (2)
 
 
 
 
ranjit rana a month ago
Hi Hemant, You will have to pay 2% stamp duty on the market value of the portion of share being transferred. For example, if the ownership is 50-50 then stamp duty will be equal to 2% of the 50% market value of the flat.
0   0   
 
 
 
 
Know a better answer? Click here to post.
 
 
Sachin Birari a month ago
No Stamp Duty if you transfer your property in Blood relation
0   0   
 
 
 
Hemant Patki Is there any exemption in stamp duty for transferring property to blood relation in Maharashtra?
a month ago
 
 
 
 
Know a better answer? Click here to post.
 
 
 Your Answer
0 out of 2000 character
 
 
 
Ask a Question
 
 
 


 
 
 
CONTACT US
CONNECT WITH US
* India's No.1 Property Portal. Source: Alexa.com
MOBILE APP
Usage of 99acres.com to upload content showing area in non standard units or which enables targeting by religion/community/caste/race is prohibited. Please report inappropriate content by writing to us at report abuse
All rights reserved - Info Edge (India) Ltd. A group venture