A Gift Deed is a legal document through which the owner of a property or asset voluntarily transfers ownership to another person without any monetary consideration. It ensures the transfer is valid, binding, and recognized under Indian law.

In India, a Gift Deed for immovable property must be executed on stamp paper and registered at the Sub-Registrar’s office. It provides legal certainty for both the giver (donor) and the receiver (donee), safeguarding the transaction against future disputes.