My wife and I own a commercial property in Navi Mumbai. We’d like to transfer ownership to her under the MPW Act. What’s the best way to do this?

Under the Maharashtra Property (Regulation of Transfer of Immovable Property) Act (MPW Act), you can gift the property to your wife. This involves drafting a gift deed, registering it with the Sub-Registrar, and paying stamp duty and registration charges. Consulting a lawyer is advisable to ensure compliance with all legal requirements.