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In Maharashtra, if a residential property is gifted within blood relations, only Rs. 200 is charged as stamp duty. In this context, if a flat is jointly owned by a son and his mother, and the son is gifting his share to the mother or relinquishing his rights in her favor, how much stamp duty will be charged?
In Maharashtra, if a mother gifts her share of property to her son, the stamp duty is ₹200 since it is within blood relation. The gift deed must be registered at the sub-registrar office with proper ID and property documents. This ensures legal clarity and avoids future disputes. For further legal assistance, contact us on our helpline number.