i wish to transfer ownership of flat to my brother.property is in pune,maharastra?



i wish to transfer ownership of flat to my brother.property is in pune,maharastra.

shall i go for gift deed/release deed/settlement deed.

property owned by me and father was co-applicant in loan.

Now loan is closed.what is the best way to transfer ownership.

i wish to transfer ownership of flat to my brother.property is in pune,maharastra?
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2 Replies to “i wish to transfer ownership of flat to my brother.property is in pune,maharastra?”


  1. You settle your share to your father, and in turn he can write a settlement deed in favour of your brother, as gift will attract gift tax. Settlement deed will be with least registration expenses.





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