What is the stamp duty for a Gift Deed to family members in Karnataka?

Under the Karnataka Stamp Act, gifting immovable property to blood relatives (parent, spouse, child, sibling, grandchild) enjoys a concessional fixed stamp duty of ₹1,000 plus 1% surcharge/cess and a fixed registration fee of ₹500. For non-relatives, the standard stamp duty is 5% + 1% + 2% (approx 5.6%) plus 1% registration fee on market guidance value.

What is a Relinquishment / Release Deed and when should it be used?

A Release or Relinquishment Deed is used when a legal co-owner or coparcener gives up their legal share in an ancestral or jointly owned property in favor of other co-owners. In Karnataka, the stamp duty for release between family members is capped at a concession rate of ₹5,000 plus registration fee.

Why would someone choose a Will over a Gift Deed?

A Will takes effect only after the testator's demise, allowing the owner to retain 100% control, ownership, and rental income during their lifetime. A Will incurs zero stamp duty and can be revoked or modified anytime. In contrast, a Gift Deed transfers immediate, irrevocable title during the owner's lifetime.

Is income tax payable on property received as a gift from family?

Under Section 56(2)(x) of the Income Tax Act, property received as a gift from specified 'relatives' (parents, spouse, children, siblings, grandparents) is completely exempt from income tax in the hands of the recipient, regardless of the property value.

Is registration compulsory for a Will vs a Gift Deed in Karnataka?

A Gift Deed must be compulsorily registered under Section 17 of the Registration Act with two witnesses. Registration of a Will is optional under Section 18, although registered wills significantly reduce the risk of probate disputes and ease BBMP e-Khata mutation after death.

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Choose the optimal legal instrument to transfer ancestral or self-acquired property in Karnataka: compare Gift Deed (blood relative concession rate), Will (zero lifetime stamp duty), Relinquishment / Release Deed (co-heirs), and Settlement Deed across stamp duty, revocability, and Khata mutation ease.

Gift DeedWill / TestamentRelease DeedRelinquishmentFamily SettlementKarnataka Stamp DutyKhata MutationGift DeedWill / TestamentRelease DeedRelinquishmentFamily SettlementKarnataka Stamp DutyKhata Mutation

Scope - Karnataka Stamp Act 1957, Registration Act 1908, Indian Succession Act 1925, and Transfer of Property Act 1882

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Family Transfer Recommendation

Optimal legal instrument and Karnataka stamp duty breakdown.

Property Origin

Recipient Relationship

Transfer Timing

Property Guidance / Market Value

Rs.

₹5,00,000₹50,00,00,000

Gifting to blood relatives in Karnataka enjoys a special concession rate of ₹1,000 stamp duty + 1% cess instead of the standard ~5.6%.

Recommended Instrument

Gift Deed (Concessional Family Rate)

Transfers immediate irrevocable title to blood relatives in Karnataka with concession stamp duty of ₹1,000 + 1% cess.

Gift Deed Cost (Karnataka)

₹1,51,500

Concession rate: ₹1,000 + 1% cess + ₹500 registration for blood relatives.

Will Execution Cost

₹200

Zero stamp duty during lifetime. Revocable anytime.

Release Deed Cost (Co-Heirs)

₹6,000

Capped at ₹5,000 stamp duty + ₹1,000 registration for family co-owners.

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PE Realtors legal desk drafts Gift Deeds, Wills, and Release Deeds with maximum Karnataka stamp duty concessions.

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Ensure frictionless family succession with the correct conveyancing deed

Reviewed July 4, 2026

Choosing the wrong property transfer document can lead to exorbitant stamp duty, bitter family title disputes, or rejected BBMP e-Khata mutation.

Use PE Realtors' Family Property Transfer Deed Selector to evaluate Gift Deeds, Wills, and Release Deeds under Karnataka law, calculate exact stamp duty concessions, and safeguard your family legacy.

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This page is built for early budgeting and document readiness. Final amounts, status checks, and legal conclusions should be verified through official portals and professional review.

Check Karnataka Department of Stamps & Registration Concession Rates

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Avoid succession disputes and overpaying stamp duty. Our conveyancing advocates prepare customized deeds, verify lineage, and coordinate Sub-Registrar Office execution.

Legal Drafting ServicesCustom drafting for Gift Deeds, Wills, Release Deeds, and Partition Deeds.Continue Sale Deed GuidelinesClause-by-clause checklist and mandatory conveyancing covenants.Continue Inherited Property ReadinessCheck Khata mutation, legal heir certificates, and succession records.Continue Khata Transfer CalculatorEstimate BBMP e-Khata mutation fee and step-by-step process.Continue

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Transfer property to family members with the right deed, stamp duty, and tax strategy.

Transferring property to family? Ensure valid title and low duty.

Ensure frictionless family succession with the correct conveyancing deed

Accuracy note

Get your family property deed drafted and registered smoothly

FrequentlyAsked Questions

What is the stamp duty for a Gift Deed to family members in Karnataka?

What is a Relinquishment / Release Deed and when should it be used?

Why would someone choose a Will over a Gift Deed?

Is income tax payable on property received as a gift from family?

Is registration compulsory for a Will vs a Gift Deed in Karnataka?

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Frequently
Asked Questions