Can I gift my property to an NGO?
Yes, you can gift property to an NGO. A gift to an NGO attracts minimal or no stamp duty. However, the NGO’s must accept the property. Some NGOs are not allowed to accept any property as a [...]
Who pays the stamp duty on a gift?
The donee (receiver) has to pay the stamp duty when the gift deed is executed.
Can I gift a property to my friend using a gift deed?
Yes, you can gift the property to your friend or any non-relative using a gift deed. However, if you gift to a non-relative, respective tax rates would be applicable.
What are the amenities present in an SRA flat?
Here are some of the minimum amenities that an SRA flat must have: – Each flat must have a separate water, electricity and gas connection – All fittings should have an ISI [...]
Is the SRA scheme applicable across Maharashtra?
No. This scheme is only applicable in the areas falling under the Municipal Corporation of Greater Mumbai and Thane Municipal Corporation.
What should be the minimum area of an SRA flat?
Until 2018, the minimum area of an SRA flat was 269 sq ft, however, later it was increased to 330 sq ft.
What is the GST rate for my flat?
GST is applicable only on under-construction properties. The rate of GST in real estate varies depending on the value of the property. If you’re buying an affordable under-construction property [...]
Marathon Realty Pvt Ltd. 702,
Marathon Max, Mulund Goregaon Link Road. Mulund (W), Mumbai 400080,India.
t: 76 77 501 501
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