FOR REAL BLOOD RELATIONS:

1. Stamp Duty: 200/-

2. Registration Fee: 200/-

3. However, since the Stamp Act has recently been amended, kindly check with the local Agent.

Keep Smiling .... Hemant Agarwal

You have to pay 3 per cent stamp duty on gift of land to your brother

1. Maharashtra Govt. has given concession on Stamp Duty & Registration Fee "O N L Y" in case of GIFT Deeds only. Sale /Partition /other transfers will attract normal rates.

Keep Smiling .... Hemant Agarwal

Where the instrument relates to the partition of agricultural land, the rate of duty applicable shall be one hundred rupees

the decision to hike to stamp duty charges was revoked later. So at present there are five categories for Rs 200/- stamp duty, Husband to wife and vice versa, Parents to children, and Grand parents to grand son, and to deceased son's daughter in law. For all other blood relations you will have to pay stamp duty of 3% on Gift Deed in Mumbai, and rest of Maharashtra there is 1% added duty depending upon municipal corporation.

You have to pay 3 percent stamp duty as the notification of 2015 of maharastra is further amended and 3 percent duty is levied on gift deed in relation. Kindly go through all the notifications

https://www.e-stampdutyreadyreckoner.com/Gift.html

Stamp dusty is Rs. 200/- and registration fee is also 200/-

On partition deed separate duty is levied on the separated share.

You have to make a gift deed and that should be registered and payment of 3 % stamp duty to complete your gift a gift on stamp paper of Rs200 is not valid

GIFT deed, hardly 500 Rs.

Not partition but settlement deed. Immovable property such as land, house or flat can be transferred to Owner’s Children or even to blood relatives simply by executing transfer deed on Rs. 500/- stamp paper without paying stamp duty and registration fee.

Transfer of immovable property within blood relations may not attract stamp duty in Maharashtra state, hence you better execute the registered gift deed in his favor.

Does the same apply to Partition Deed instead of Gift Deed?

Yes the same rule applies for the transfer through a partition deed also.

Article 46 partition

Rs.10/- for every rs.500/- or part thereof of the amount or the market value of the separated share or shares of the property.

Note: The largest share remaining after the property is partitioned (or , if there are two or more shares of equal value and not smaller than any of the other shares, then one of such equal shares) shall be deemed to be that from which the other shares are separated.

Provided that always, -

(a) When an instrument

of partition containing an agreement to divide the property in severalty is executed and a partition is effected in pursuance of such agreement, the duty chargeable upon the instrument effecting such partition shall be reduced by the amount of duty paid in respect of the firstinstrument, but shall not be less than five rupees.

(b) Where the instrument relates to the partition of agricultural land, the rate of duty applicable shall be one hundred rupees.

(c) Where a final order for effecting a partition passed by any Revenue Authority or any Civil Court or an award by an arbitrator directing a partition, is stamped with the stamp required for an instrument of partition, and an instrument of partition in pursuance of such order or award is subsequently executed, the duty on such instrument shall not exceed Rs.10

This is my response to you:

1. You can make the transfer on the basis of gift deed;

2. Gift deed invites very less stamp duty i.e. less than 1000 rupees;

3. You can check it here: http://igrmaharashtra.gov.in/

The recent notification of the Maharashtra government to abolish stamp duty on gifts between relatives (Referring to the Maharashtra Stamp Act Amendment Bill 20/2015).

Immovable property — land, house or flat — can now be transferred to one's children or blood relatives without paying stamp duty for registration.

This will come as a major relief as families won't have to pay a 5% of the ready reckoner rate of the property as stamp duty.

In 2017 govt. Amended stamp duty on gift deed. 3%

http://maharashtrahousingandbuildinglaws.com/the-maharashtra-stamp-act/

Refer the Article 34 in the act.