Gift to huf

Yes........

But any rental income over the property will be clubbed to the individual member's account.

As per income tax members of an HUF will be treated as  relative. gift to your own huf will not attract tax

For HUF its members are its relatives. So HUF can recive gift from its members irrespective of its value. In case of non relatives the threshold is Rs 50000/-. 

But an individual who is a member of HUF is prohibited from transferring his own acquired property into the common pool of HUF, beware of clubbing provisions in this regard.