There is no tax on gift deed executed in favour of close family relative 

2) stamp duty is state subject and varies from state to state 

3) no limit on property size that can be gifted 

4) stamp duty would be on market value of property as per circle rate or govt rate 

1. If the gift deed is executed without accepting any consideration amount, then there is no taxes to be paid either by donor or by donee at this stage.

2. Stamp duty is a state subject, you can enquire the same from local rub registrar office.

3. No

4. What s the time limit are you referring to here? be clear in your question.

There is no such time for property size in the legal terms

1. No. 

2.  It can be 2% of market value of property. 

3.  No, as such there is no limit. Market value is generally assessed on prevailing circle rate. 

4. No. 

As per information available online 

Currently, stamp duty is at eight percent of the fair value or the value of consideration, whichever is higher. The registration charge is at two percent of the fair value or the value of consideration, whichever is higher.

2% of market value of property. 

1. Exempted 

2. 2% , However there may be exempted due to being blood related.

3. No

4. No. 

You were advised to enquire it from local SRO for having proper information instead of getting misled by vague information from public websites like this 

For gift deed there is no tax only for income from that property tax is applicable 

atamp duty on value of property slightly less for blood relation 

it will be dealt as per govt value 

No tax , only stamp duty.

NO limit.

Maximum 25k.

Dear Client,

1. There are no taxes applicable on a gift deed executed in favor of a close family relative, such as a sister.
2. The stamp duty for a gift deed in Kerala is 2% of the market value of the property.
3. There is no limit to the property value that can be gifted to a close family relative.
4. There is no limit to the property size that can be gifted to a close family relative.