My children live overseas and I want to transfer my property in Chennai to them. Is this possible without them coming to India? What would the stamp duty be on the transfer?
1 Answers
Best Answer
Yes, you can transfer your property in Chennai to your children overseas without them physically being present in India. You can execute the transfer deed through a Power of Attorney granted to a representative in India. The stamp duty on the transfer would depend on the value of the property and the applicable rates in Tamil Nadu.
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