pgn

What is Gift deed? How to register gift deed in Karnataka?

By /
A gift deed is a document that records the act of giving a gift and is executed between the donor (the person giving the gift) and the donee (person receiving the gift) Let us break this answer into 5 stages
  1. Documents
  2. Drafting
  3. Government charges
  4. Payment of government charges
  5. Registration
1. Documents (require to register GIFT DEED)
  • Donor’s registered deed
  • ekhata
  • Tax paid receipt
  • Donor’s Aadhar
  • Donee’s Aadhar
2. Drafting: Prepare a gift deed draft in word format, a draft looks like below image gift deed draft in word format Karnataka bangalore gift deed draft in word format gift deed draft in word format bangalore
3. Government charges: Government charges for blood relatives irrespective of property value
  • Stamp Duty: Rs. 5000
  • Registration fee: Rs. 1000
  • Cess: Rs 500
  • Scanning Rs. 35 per page
Government charges for non-blood relatives, the below % is based on guidance value.
  • Stamp Duty & Surcharge : 5.1%
  • Registration fee: 1%
  • Cess : 0.5%
  • Scanning; Rs. 35 per page
Note: 
  • Every property in India has guidance value that the revenue department of your locality fixes, the guidance value is minimum amount for which a property can be registered in a particular locality
  • Get the guidance value of your property in your area registrar's office.
  • Guidance value, Government value and circle rate are referred to same
  • The following people come under blood relative category
  1. Father
  2. Mother
  3. Brother
  4. Sister
  5. Husband
  6. Wife
  7. Son/Daughter
  • Uncle, cousin, nephew, in-laws doesn’t come under blood relative category
4. Payment of government charges:  The government charges are paid online on Kaveri Online Services, Made the payment through UPI. Below payment screenshot for your reference gift deed of immovable property Below is the payment challan gift deed of immovable property karnataka
5. REGISTRATION:  Step 1: We need following to submit the Gift Deed application on Kaveri Online Services
  • Donor’s registered deed
  • ekhata
  • Current financial year tax paid receipt
  • Donor’s Aadhar
  • Donee’s Aadhar
  • Printed GIFT DEED for registration (to be registered)
  • Active mobile phone to receive OTP
Submit the application on Kaveri Online service, the application approves within 2-3 working days, pay the government fee and book the registration slot Step 2: As per your registration slot, carry the following to sub-registrar office
  • Application summary report
  • Donor and Donee Aadhaat
  • Two witnesses and their Aadhaar
Step 3: The chamber officer verifies above-listed document Step 4: The donor, donee and two witnesses sits in front of registration counter for photo, thumb impression and gets Aadhar-based OTP authentication. Step 5: Registering officer Handover the registered gift deed to presenter (Donor or Donee). This completes the registration process of Gift deed. The registered gift deed looks like below image (Father gifted to daughter) gift deed form gift deed form bangalore gift deed form karnataka gift deed in blood relation gift deed in blood relation karnataka gift deed in blood relation bangalore In Bangalore, we provide end-to-end assistance to register gift deed. To opt for our service, please write to us at pgnproperties@gmail.com or WhatsApp at + 9 1 - 97424 79020. Thank you for reading…
Post Views: 3,617
Scroll to Top