Transfer of joint ownership in the flat to the brother who is another joint owner- Maharashtra


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This discussion explains how to remove your name from a jointly owned flat in Maharashtra, allowing your brother to sell it independently. The recommended method is to gift your share to him. While this incurs stamp duty, it's typically a minimal percentage for gifts to relatives in Maharashtra, often around 3%.

12 February 2025 My brother and me own a residential flat in Maharashtra in our joint name. I want to withdraw my name from the flat so that my brother can sell the flat on his own and can take the entire consideration.

How can I remove my name with the minimal cost



12 February 2025 Gift your share in the property to your brother.

12 February 2025 Thank you, sir, for the prompt reply. Will it attract the stamp duty, if yes, what could be the % in Maharashtra

12 February 2025 The stamp duty for Gift to relative is minimum in Maharashtra; mostly 3%.

12 February 2025 Thank you sir for the guidance

12 February 2025 You are welcome.


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