Property transfer within family
I have non agricultural land and have to inherit it from my uncle via transfer of gift deed under newly notified guidelines of UP state govt. How I can take its benefit and how much expensive will it be?
Hello sir, yes you can inherit it by the process of gift deed as the recent guideline by UP government is that,
The stamp duty on the property which were gifted was 7% for men and 6 % for women but now it's totally different the stamp duty to be paid is 5000 Indian Rupee and 1000 processing fee.
Furthermore, i like to tell you that the registry charge of 1% is to be paid for the registration of the property and thus you can contact a lawyer who will help you in the execution of the entire process.
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