How much stamp duty is charged on a gift deed in Maharashtra in 2026?

Two rates apply. If the property is gifted to a close relative named in the Maharashtra Stamp Act - spouse, son, daughter, grandson, granddaughter, brother or sister - the duty is a flat ₹200 regardless of property value. For everyone else, including parents, the duty is 3% of the property's ready reckoner (market) value. Registration fees are separate and additional.

Is gift deed stamp duty free between parent and child in Maharashtra?

This is the most common mistake. Unlike many states, Maharashtra's ₹200 concession list does not include parents or grandparents as recipients. A son gifting a flat to his mother pays 3% of market value, not ₹200 - but a mother gifting to her son pays the flat ₹200, because children and grandchildren are on the list while parents are not. Verify the current relative list on the IGR Maharashtra portal before drafting the deed.

Is a gift deed taxable as income for the receiver?

Stamp duty and income tax use two different 'family' definitions. Under the Income-tax Act, gifts from 'relatives' - a list that is wider and does include parents, siblings, spouse and lineal ancestors/descendants - are fully tax-free at any value. A gift from anyone outside that list is taxed as the receiver's income if its value exceeds ₹50,000. So a parent-to-child gift may carry 3% stamp duty while still being income-tax free.

What are the steps to register a gift deed in Maharashtra?

Draft the deed (a lawyer or the IGR's model format), compute the duty on the ready reckoner value and pay the e-challan through the IGR portal, then book a slot and appear before the sub-registrar with the donor, donee and two witnesses, PAN and Aadhaar copies, and the property's documents. Registration must happen within four months of execution. The original deed returns indexed a few weeks later.

Is a gift deed better than a sale deed for transferring property within family?

For genuine gifting, yes: ₹200 versus a full sale's 5-7% stamp duty plus registration. But gifting is not a way to sell: if money changes hands it is a sale, and disguising it as a gift invites penalties. Also think ahead - if the donee sells the gifted property soon after, capital gains apply from the donor's original purchase cost, and immediate resale after a gift draws scrutiny.

Does the ₹200 rate apply to agricultural land gifts too?

The flat ₹200 concession applies to gifts of residential and agricultural property to the named close relatives, subject to the Act's conditions. Tribal land, inam land and land with restrictions need extra clearances before any transfer. Check the land's 7/12 and the district's rules before drafting - our 7/12 guide covers how to read the restrictions column.

Guides · Registration · Stamp duty

Gift deed stamp duty in Maharashtra: ₹200 for family, 3% for everyone else.

Transferring a flat or plot to family is the cheapest property transaction in Maharashtra - if the recipient is the right relative. Most guides get the ₹200 rate right and still cost readers lakhs, because the concession list and the income-tax "relative" list are two different lists. Here is exactly who pays what in 2026, and how to register without surprises.

Stamp duty calculator

Compare the gift route against a normal sale in seconds.

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Abhay Yojana status

Clear the property-tax arrears before you transfer.

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7/12 record reader

Check the land's restrictions column before gifting.

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The 2026 rates, in one table

Recipient	Stamp duty	Basis
Spouse, son, daughter, grandson, granddaughter, brother, sister	Flat ₹200	Regardless of property value
Everyone else - including parents and grandparents as recipients	3%	Ready reckoner (market) value
Registration fee	Separate, additional	Per the IGR fee schedule at the SRO

Two notes that change the math: the duty basis is the ready reckoner value, not your old purchase price - so a flat bought in 2008 still computes 3% on today's RR value when gifted outside the concession. And the ₹200 rate is a Maharashtra Stamp Act concession with conditions; confirm the current relative list on the IGR portal before drafting, because amendment lists circulate wrongly online (several 2026 guides wrongly add "parents" to the ₹200 list).

The trap nobody warns you about: two different "family" lists

Stamp duty list (narrow)

Decides the ₹200 rate: spouse, son, daughter, grandson, granddaughter, brother, sister. Parents and grandparents as recipients are not on it - a son gifting to his mother pays 3%, while a mother gifting to her son pays ₹200.

Income-tax list (wider)

Decides whether the gift is tax-free for the receiver: spouse, siblings, brothers/sisters of spouse, lineal ascendants and descendants - parents included. Gifts from this list are tax-free at any value; from anyone else, value above ₹50,000 is taxed as income.

So the classic parent-to-child transfer can carry 3% stamp duty and still be fully income-tax free. Plan both together before you draft - and if the transfer's real purpose is a future sale, price the capital-gains route too: gains are computed from the donor's original cost, not the ₹200 registration.

How to register, step by step

Draft the deed - lawyer-drafted or the IGR's model format; state the relationship, the property's full description, and that the transfer is without consideration.
Compute and pay the duty - ready reckoner value decides the 3% cases; pay the e-challan (e-SBTR) through the IGR Maharashtra portal.
Register within four months - book a slot at the sub-registrar's office; donor, donee and two witnesses appear with PAN, Aadhaar and the property papers. The deed is photographed and biometrics taken.
Collect the indexed original - a few weeks later, then update the mutation: ferfar for land, society records for flats, and the municipal tax record so bills follow the new owner.

The mutation step is the one families skip - and it resurfaces years later as tax bills in the old owner's name. Our ferfar guide (Marathi) covers the land-record change; for flats, the society's transfer process runs in parallel.

Gift deed vs sale deed within family - the honest math

A genuine gift to a listed relative costs ₹200 in duty; a sale between the same two people costs 5-7% of RR value plus registration - on a ₹60-lakh flat, that is the difference between ₹200 and roughly ₹3.5-4 lakh. But a gift is only a gift when nothing moves back: money, another property, or a promise. Disguised sales invite duty at sale rates plus penalty, and the registration department does flag deed patterns. If the intention is actually a sale at a family discount, price it honestly with the stamp duty calculator first - sometimes the difference is smaller than the risk.