Transfer of jointly owned flat via gift deed
Dear Sir..case is :
A,B,C bought a flat in Mira Road,Thane,Mumbai in 2010 with equal share.
Sale agreement was registered in All three names with A's name appearing first.
A and B are real brothers.
Wives of All three are Real Sisters.
In 2013 A started staying in the flat along with his family after paying off the remaining partners in CASH according to the market value in good faith.
Now, A wants to transfer the flat fully in his name or in a joint ownership with his wife.
Is it possible :
That B transfer his rights to A via a gift deed ?
AND
C transfers his rights to his wife first who later on transfers the just acquired rights to her sister (A's wife ) ??
Will this whole exercise attract any stamp duty or taxes on any party ???
Please guide.....
Asked 8 years ago in Property Law
Religion: Muslim