Gift Deed Format (Immovable Property)
Prepare a draft deed of gift transferring a house, flat or land to a family member or other person, for review and registration.
What it is
A gift is a voluntary transfer of existing property without consideration, accepted by the donee during the donor's lifetime (Section 122 of the Transfer of Property Act, 1882). Under Section 123, a gift of immovable property must be made by a registered instrument signed by the donor and attested by at least two witnesses.
When it is used
- Parents transferring a house or flat to a child.
- Transferring property between spouses or other relatives.
- Gifting land or a plot without a sale.
What the template covers
- Donor's title to the property and description of the property
- Gift without consideration and relationship between the parties
- Acceptance by the donee
- Possession and mutation in the donee's name
- Donor's covenants and irrevocability
- Note on tax implications
Details you will need
The generator asks for the following. Fields marked with an asterisk in the form are required; the rest can be left blank and filled in later in Word.
Deed
Deed Date; Place of Execution; Stamp Duty Value (₹)
Donor
Donor Full Name; S/o, D/o or W/o; Age; Donor Address; Donor PAN
Donee
Donee Full Name; S/o, D/o or W/o; Age; Donee Address; Donee PAN; Relationship between Donor and Donee
Property
Property Address (being gifted); Property Description; Market Value of Property (₹); Donor's Title
Stamp duty, registration and filing
The deed must be stamped and registered with the Sub-Registrar where the property is situated. Stamp duty is set by the State and is often based on the property's market value; several States charge a lower duty for gifts to close family members. Under income-tax law, a gift of immovable property from a relative (as defined) is not taxed in the donee's hands; from others, the stamp duty value is taxable where it exceeds ₹50,000.
Generate the Gift Deed (Immovable Property)
Fill in the form and download the draft as a Word file. It is a general template, not legal or professional advice; have it reviewed for your facts before you sign or rely on it.
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Frequently asked questions
Is registration of a gift deed compulsory?
Yes, for immovable property. Section 123 of the Transfer of Property Act, 1882 requires a registered instrument signed by the donor and attested by at least two witnesses.
Can a gift deed be cancelled?
Generally no. A registered gift that has been accepted cannot be revoked, except in limited cases such as where the parties agreed it could be revoked on a specified event, or where it was obtained by fraud or undue influence.
Is a gift of property from parents taxable?
Gifts from relatives, which include parents, are not taxable in the recipient's hands under income-tax law. Stamp duty is still payable on registration.
This page gives general information for reference only. Laws, stamp duty rates and filing requirements change and differ between States, so confirm the current position for your case. Related: all document templates · free tax calculators · compliance calendar and guides.