Gift & Settlement Deed in Pune

Known locally as Bakshis Patra (बक्षीस पत्र). Drafted, verified and registered by Maharashtra legal partners — fixed fee from ₹15,999 onwards*.

Serving Pune and the surrounding belt: Pimpri-Chinchwad, Lonavala, Talegaon, Chakan, Hinjawadi, Saswad, Alandi, Dehu, Shirur and Baramati.

The above charges do not include government fees, stamp duty, or any additional incidental / out-of-pocket expenses incurred at government offices.

Gift Deed stamp duty & registration charges in Pune

Under the Maharashtra Stamp Act, 1958 (Article 34). Most Pune properties fall within PMC (Pune Municipal Corporation) / PCMC limits.

Transfer typeStamp dutyRegistration fee
Gift to a close family member — residential or agricultural propertyThe lowest family-transfer duty of any major Indian state₹200 (fixed)1% of market value, capped at ₹30,000
Gift to a family member — other property typesThe ₹200 concession is limited to residential and agricultural property3% of market value1% of market value, capped at ₹30,000
Gift to a non-family member3% of market value1% of market value, capped at ₹30,000

Local body tax, metro cess and other municipal levies may apply on top of stamp duty and vary by city — Mumbai, Pune, Thane and Nagpur are not identical.

How a gift deed is registered in Pune

  1. Confirm the donee falls within the close-relative definition under Article 34 of the Maharashtra Stamp Act, and that the property is residential or agricultural — both conditions are required for the ₹200 rate.
  2. Obtain a current 7/12 extract or property card and Encumbrance Certificate, and verify clear title.
  3. Draft the gift deed with an accurate property schedule and an express acceptance clause.
  4. Compute duty and pay via e-stamping (GRAS / franking) through IGR Maharashtra.
  5. Book a Sub-Registrar appointment online through the IGR Maharashtra portal.
  6. Attend the SRO with donor, donee and two witnesses for biometric capture and execution.
  7. Apply for mutation (Ferfar) to update the 7/12 extract or municipal property card in the donee's name.

Documents required in Pune

  • 7/12 extract or municipal property card
  • Society share certificate and NOC, for co-operative housing societies
  • Original title deed / mother deed establishing the donor's ownership
  • Encumbrance Certificate covering at least the last 13 years (30 years recommended)
  • Latest property tax paid receipt
  • Proof of relationship between donor and donee, where a family concession is claimed
  • Aadhaar and PAN of donor, donee and both witnesses
  • Passport-size photographs of all parties
  • Approved building plan and Occupancy Certificate, for built structures
  • No Objection Certificate from a housing society, where applicable

Sub-Registrar Offices in Pune

Haveli 1Haveli 2Haveli 3Haveli 4Haveli 5Haveli 6Haveli 7Haveli 8Haveli 9Haveli 10Haveli 11Haveli 12Pune City 1Pune City 2Pune City 3Pune City 4Pimpri-Chinchwad 1Pimpri-Chinchwad 2MulshiKhedMaval

Local terms used in Pune registration offices

Bakshis Patra बक्षीस पत्र

Gift deed

Ferfar फेरफार

Mutation entry in revenue records

Saat Bara (7/12) सात-बारा

Record of Rights extract

Milkat Patrak मिळकत पत्रक

Property card

Nondani नोंदणी

Registration

What goes wrong — Maharashtra and Pune specifics

The ₹200 rate applies only to residential and agricultural property

Gifting commercial premises, office space or a shop to the same close relative attracts 3% of market value, not ₹200. On a ₹2 crore commercial unit that is a ₹6 lakh difference, and it is the most common costly assumption in Maharashtra gift transactions.

The 15-year lock-in was removed in 2026

Maharashtra previously restricted a donee from selling gifted property for 15 years without losing the concessional treatment. That restriction was removed in 2026, which makes the ₹200 route materially more attractive than it was — but older advice circulating online still refers to the lock-in.

Acceptance must occur during the donor's lifetime

Under Section 122 of the Transfer of Property Act, a gift is void unless the donee accepts it while the donor is alive and capable of giving. Deeds drafted without an express acceptance clause are a recurring cause of later challenge.

A gift deed is irrevocable once registered

Unlike a will, a registered gift deed cannot ordinarily be cancelled at will. Revocation is possible only on grounds agreed in the deed itself or under Section 126. Parents transferring property to children should consider whether a will, or a settlement deed retaining a life interest, better suits their intent.

Ancestral and coparcenary property carries additional constraints

Gifting undivided ancestral property without the consent of all coparceners exposes the transaction to challenge. This requires examination of the title chain before drafting, not after.

Co-operative society transfers need society-level compliance

Most Mumbai, Thane and Navi Mumbai flats sit within co-operative housing societies. Registration alone does not transfer society membership — the share certificate must be transferred and the society's NOC and transfer procedure followed, or the donee cannot vote, sell or mortgage cleanly.

PMC and PCMC jurisdictions are administered separately

Pune's growth has left properties split between Pune Municipal Corporation and Pimpri-Chinchwad Municipal Corporation, with newly merged villages sitting awkwardly between them. Establishing the correct body before registration avoids a rejected mutation.

Agricultural land on the Hinjawadi and Chakan corridors

Rapid IT-corridor expansion means much land around Hinjawadi, Kharadi and Chakan remains agriculturally classified. Gifting unconverted agricultural land carries restrictions on who may receive it, and non-agriculturist donees can face a void transfer.

Co-operative society compliance

As in Mumbai, most Pune apartments sit within co-operative societies. The share certificate transfer is separate from deed registration and must be completed for the donee's title to be clean.

Gift Deed services across Pune

Koregaon ParkKalyani NagarPrabhat RoadModel ColonyBanerAundhViman NagarMagarpatta CityBalewadi High StreetKharadiNIBM RoadKothrudBavdhan

Gift Deed FAQs — Pune

What does a gift deed cost in Pune for a family transfer?

For residential or agricultural property gifted to a close relative, Maharashtra charges a flat ₹200 stamp duty plus registration at 1% of market value capped at ₹30,000. PMC and PCMC levies may apply on top. Figures are indicative and were compiled in July 2026 — confirm before you execute.

Can I gift agricultural land near Hinjawadi or Chakan?

Only with care. Maharashtra restricts who may hold agricultural land, and a donee who is not an agriculturist can find the transfer challenged or void. Where the land has not been converted to non-agricultural use, conversion usually needs to be addressed before the gift rather than after.

Which Sub-Registrar Office covers my Pune property?

Pune is served by the Haveli offices numbered 1 to 12, the Pune City offices, and separate offices for Pimpri-Chinchwad, Mulshi, Khed and Maval. Jurisdiction follows the property's location — we confirm the right office and book the appointment through IGR Maharashtra.

Is my property under PMC or PCMC?

It depends on the locality, and the boundary has moved as villages were merged. This matters because mutation after registration is processed by whichever corporation holds the record. We establish this before drafting, since a mutation filed with the wrong body is simply rejected.

How long does the whole process take in Pune?

Title verification and drafting take 3–5 working days, registration is a single appointment at the SRO, and the Ferfar mutation to update records typically takes 30–60 days afterwards.