Paper Title
Emerging Ways of Transfer of Immovable Property: Gift Deed

Abstract
Real Estate Sector is one of the most sought-after investment alternatives in India. There are various circumstances when one wishes to transfer the ownership of property to their beloved ones. Transfer of a property can be done in two possible ways- by an act of parties and by law. An acquired property in India can be transferred by way of inheritance, gift, purchase, and relinquishment, etc. For transferring a property, an individual must efficiently transfer his property at the earliest in his name after following the proper process of law. The most effective method of transferring or acquiring a property is by the execution of a Sale Deed also known as a Transfer Deed. This method of transfer of property is not be a tax-efficient or cost-effective mode. That’s the reason why gift deed is the most cost effective method of transfer of property to the near and dear ones of the transferee. Keywords - Donor, Donee, Gift Deed, Transferor, Transferee