Legal

Transferring or Gifting Your Red Sandalwood Plot

Owning a registered plot means you can transfer or gift it, within the rules. What that involves, honestly.

Published 2024-12-17, Updated 2026-07-08, By Shree Editorial Desk

Quick answerBecause a genuine plot is registered land you own, you can generally transfer or gift it, for example to family, subject to the applicable legal process, documentation and any tax implications. Gifting and transfer are governed by registration formalities and, for agricultural land involving NRIs, by FEMA’s rules on who may acquire it. This article explains, in plain terms, what transferring or gifting a plot involves and why it’s another reason registered ownership (versus a pooled "unit") matters. It is general information, not legal or tax advice.
Transferring or Gifting Your Red Sandalwood Plot

Ownership makes transfer possible

A registered plot is a real asset you can transfer or gift, through the proper legal process. This flexibility is one of the practical advantages of genuine registered ownership over a "unit" in a pool.

What’s involved

  • A registered instrument of transfer or gift deed, executed properly.
  • Documentation matching survey numbers and title.
  • Attention to tax implications of gifts/transfers.
  • For NRIs, FEMA rules on who may acquire agricultural land still apply.

The FEMA angle for NRIs

Who can receive agricultural land matters, FEMA restricts NRI/OCI acquisition, so gifting to certain recipients may not be straightforward. Take advice specific to the recipient’s status.

Do it properly

Use a qualified lawyer for any transfer or gift deed. See documents that prove ownership and exit options. General information, not advice.

Shree Editorial Desk
Shree Properties & Projects, editorial

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