Procedure for Registration of Gift Deed of Immovable Property in Indore
Procedure for Registration of Gift Deed of Immovable Property in Indore
Gifting an immovable property like a house or land in Indore involves a mandatory registration process to make it legally binding and enforceable. Here’s a step-by-step guide to navigate the process smoothly:
1. Drafting the Gift Deed:
- Consult a lawyer to draft the deed, ensuring it includes:
- Details of the donor (gifter) and donee (receiver).
- Clear description of the property – location, survey number, area, etc.
- Value of the property for stamp duty calculation.
- Nature of the gift (absolute or conditional).
- Witness signatures and addresses.
- Signatures of the donor and donee.
2. Paying Stamp Duty:
- Calculate the stamp duty based on the property’s market value. You can use the online calculator on the Madhya Pradesh Registration Department website
- Pay the stamp duty online through the e-stamping portal or offline at authorized banks or collection centers.
3. Registering the Gift Deed:
- Visit the Sub-Registrar’s office where the property is located.
- Submit the following documents:
- Original gift deed.
- Proof of payment of stamp duty.
- Proof of identity and address for the donor and donee (Aadhaar card, PAN card, Voter ID, etc.).
- Property documents (title deeds, survey map, etc.).
- Witness affidavits.
- Pay the registration fee.
- The Sub-Registrar will verify the documents and signatures.
- Once approved, the deed will be registered in the land records, making the transfer official.
Additional Tips:
- Get the property title deed verified by a lawyer before drafting the gift deed.
- Consider registering the gift deed within four months of execution to avoid penalty fees.
- Ensure both the donor and donee understand the implications of the gift deed before signing.
- Keep copies of all documents for future reference.
Here are some helpful resources:
- Madhya Pradesh Registration Department website
- E-stamping portal
- Sample gift deed format
By following these steps and utilizing the provided resources, you can ensure a smooth and successful registration of your gift deed in Indore.
Remember, this information is for general guidance only and may not be a substitute for professional legal advice.
Adcocate J.S. Rohilla (Civil & Criminal Lawyer in Indore)
Contact: 88271 22304
