A gift deed transfers property voluntarily without payment. In Maharashtra, when residential or agricultural property is gifted to a spouse, child, grandchild or the wife of a deceased son, stamp duty is a flat ₹200; for other property to these relatives it is 3% of market value, and gifts to others pay the full conveyance rate. The deed must be registered and accepted by the donee during the donor’s lifetime.
What is a gift deed?
A gift deed is a legal document by which the owner (the donor) voluntarily transfers movable or immovable property to another person (the donee) without any money in return. Under Section 122 of the Transfer of Property Act the gift must be accepted by the donee while the donor is alive, and under Section 123 a gift of immovable property must be made by a registered document signed by the donor and attested by two witnesses.
Families in Pune use gift deeds to pass a flat to a child during their lifetime, add a spouse as owner, or settle property among grandchildren — avoiding later succession disputes and the cost of probate or legal-heir proceedings.
Documents required for gift deed
Donor (giver)
- Aadhaar and PAN card
- Title deed and Index-II of the property
- Latest property-tax receipt / 7/12 extract
- Society NOC and share certificate (flats)
Donee (receiver)
- Aadhaar and PAN card
- Proof of relationship: birth certificate, marriage certificate, ration card or school leaving certificate
- Passport-size photographs
Witnesses
- Aadhaar of two witnesses
How the gift deed process works
- Check eligibility
We confirm the relationship and property type to see whether the ₹200 concession or 3% rate applies.
- Draft the gift deed
Description of property, relationship, voluntary nature of the gift, acceptance by donee, and any life-interest or residence right for the donor.
- Stamp duty and challan
Stamp duty and registration fee are calculated and paid online through GRAS.
- Registration at SRO
Donor, donee and two witnesses sign before the Sub-Registrar; photographs and thumbprints are captured.
- Mutation
With the registered deed and Index-II we help update property tax, electricity and society records in the donee’s name.
Get your gift deed done without the guesswork
Send your details on WhatsApp. We share the exact document list and stamp-duty estimate before you pay anything.
Gift deed stamp duty in Maharashtra
| Who receives the gift | Residential or agricultural property | Other property (commercial, plot) |
|---|---|---|
| Spouse, son, daughter, grandson, granddaughter, wife of deceased son | ₹200 | 3% of market value |
| Anyone else (siblings, nephews, friends) | Same as conveyance — about 6–7% in Pune | |
Registration fees are payable in addition. Note that brothers and sisters are not in the concessional list, so a gift between siblings pays full duty; in some cases a release deed is the more economical route.
Clauses that protect the donor
- Right of residence — the parent continues to live in the flat for life.
- Life interest in rent or income from the property.
- Maintenance condition — under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, a tribunal can declare a gift void if the donee fails to provide basic needs, especially where this condition is written in the deed.
A gift once accepted and registered generally cannot be revoked, except where the parties agreed in the deed that it may be revoked on a specified event. Draft carefully — it is your last chance to set conditions.
Gift Deed Registration in Pune, Pimpri-Chinchwad, Mumbai, Thane & Palghar
We handle gift deed for clients across these cities. What differs locally:
| City | What to know locally |
|---|---|
| Pune | Stamp duty ~7% in PMC limits (6% for women), incl. metro cess & LBT. Registered at Haveli and Pune city Sub-Registrar offices. |
| Pimpri-Chinchwad | Stamp duty ~7% in PCMC limits (6% for women), incl. metro cess & LBT. Registered at Jurisdictional Sub-Registrar office for Pimpri-Chinchwad (Haveli / Maval / Mulshi as applicable). |
| Mumbai | Stamp duty 6% in BMC limits incl. 1% metro cess (5% for women). Registered at Mumbai City and Mumbai Suburban Sub-Registrar offices. |
| Thane | Stamp duty ~7% in TMC limits (6% for women), incl. metro cess & LBT. Registered at Thane district Sub-Registrar offices (Thane, Kalyan, Bhiwandi, Ulhasnagar, Ambernath). |
| Palghar | Stamp duty ~4–7% depending on corporation, council or gram panchayat limits. Registered at Palghar district Sub-Registrar offices (Vasai, Palghar, Dahanu and others). |
Frequently asked questions
What is the stamp duty on a gift deed to a son or daughter in Maharashtra?
For residential or agricultural property gifted to a son, daughter, spouse, grandchild or the wife of a deceased son, stamp duty is ₹200. For other property types gifted to these relatives it is 3% of market value.
Is a gift deed between brothers or sisters eligible for ₹200 stamp duty?
No. Siblings are not in the concessional list, so the full conveyance rate applies. If the property is inherited and jointly held, a release deed may be cheaper — ask us to compare.
Can a gift deed be cancelled later?
A registered and accepted gift deed generally cannot be revoked. Exceptions are a revocation condition agreed in the deed itself, fraud or undue influence proved in court, or a tribunal order under the Senior Citizens Act where the donee fails to maintain the donor.
Is a gift of property taxable?
Gifts from a “relative” as defined in Section 56(2)(x) of the Income Tax Act — spouse, siblings, parents, children, and others — are tax-free for the receiver. Gifts above ₹50,000 from non-relatives are taxable as income.
Does the donee need to be present at registration?
Yes. Acceptance by the donee is essential, so the donee (or their POA holder) signs the deed and appears at the Sub-Registrar office along with the donor and two witnesses.
Can an NRI gift property in India to a family member?
Yes. The NRI can come to India to sign, or execute a power of attorney abroad that is adjudicated in Maharashtra within three months, after which the attorney signs the gift deed.
