The Stamp Duty for Gift Deed registration in Karnataka is different for blood and non-blood relatives.
Blood relatives irrespective of property value
- Stamp Duty: Rs. 5000
- Registration fee: Rs. 1000
- Cess: Rs 500
- Scanning Rs. 35 per page
Following people come under blood relative category
- Father
- Mother
- Brother
- Sister
- Husband
- Wife
- Son/Daughter
Uncle, cousin, nephew, or in-laws doesn’t come under blood relative category. Following is the stamp duty for non-blood relatives and % is based on guidance value
- Stamp Duty & Surcharge: 5.1%
- Registration Fee; 1%
- Cess: 0.5%
- Scanning fee: Rs. 35 per page
Every property in India has guidance value that is fixed by the revenue department of your locality, the guidance value is minimum amount for which a property can be registered in a particular locality and hence the property would not be registered for an amount lower than the guidance value. Get the guidance value of your property in your area registrar’s office.
We provide assistance to register gift deed, write to us pgnproperties@gmail.com or whatsapp to +91-97424-79020.
Thank you for reading…