UP Stamp Duty Exemption for IT Park Developers — 100% Waiver

Uttar Pradesh's IT and ITeS Policy 2022 carries a land-cost incentive aimed squarely at the people who build technology campuses. Rather than paying out a grant, the state removes a statutory charge: a developer who buys or leases land for an IT park pays no stamp duty at all — a full 100% waiver on the transaction.

Stamp duty is one of the heaviest upfront costs in any large land deal, and it falls due before construction even begins. Writing it off lowers the entry price of a project and makes sizeable campus development far easier to justify. That is the policy's stated purpose: pulling IT and IT-enabled services investment into the state and building out its technology infrastructure.

The scheme is offered by the Government of Uttar Pradesh. Applications run on a rolling basis — there is no fixed window or cohort — and because the waiver covers the entire duty, the rupee value of the relief moves with the land transaction, which is why the benefit is described as varying rather than fixed. Requests are routed through the state's Nivesh Mitra portal at niveshmitra.up.gov.in.

• 100% exemption on stamp duty for land bought or leased by IT park developers
• Covers both purchase and lease transactions
• Offered under the IT and ITeS Policy of Uttar Pradesh 2022 by the Government of Uttar Pradesh
• Rolling applications — no fixed deadline or cohort
• Requests filed through the state's Nivesh Mitra portal
• No equity taken and nothing to repay — it is a subsidy, not an investment

Eligibility turns on one thing: you must be a developer of an IT park proposing to buy or lease land in Uttar Pradesh for that project.

• Who qualifies: business entities legally registered to act as developers of IT parks.
• Entity types recognised: Private Limited Companies, LLPs, One Person Companies (OPCs), Partnerships and Proprietorships.
• Where the project must sit: within Uttar Pradesh, since the incentive flows from the state's own IT and ITeS Policy 2022.

The criteria are built around your role as an IT park developer; DPIIT recognition and MSME (Udyam) registration are not listed as conditions. The project itself must stand up to departmental scrutiny, with plans, financials and statutory compliance lining up with what the policy lays down.

UP Stamp Duty Exemption for IT Park Developers — 100% Waiver is open to startups at any stage. It is open to startups registered anywhere in India.

UP Stamp Duty Exemption for IT Park Developers — 100% Waiver accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

The benefit is a 100% exemption from stamp duty on land that an IT park developer purchases or leases. It is delivered as a waiver, not as a cheque.

• What is covered: the stamp duty payable on the land purchase or lease transaction tied to the IT park project.
• How much: the full amount — 100% — so the value of the relief moves with the size and value of the land deal. The policy quotes no fixed figure, which is why the amount is shown as varying.
• Equity and repayment: none. This is a state subsidy, so no stake in your company is taken and nothing has to be paid back.

Because the waiver lands at the very start of a project, it frees capital that would otherwise go to the state treasury. Developers can redirect that money into construction, technology upgrades or daily operations — which is how the policy expects to attract fresh IT and ITeS investment into Uttar Pradesh and help existing facilities expand.

UP Stamp Duty Exemption for IT Park Developers — 100% Waiver is offered by Government of Uttar Pradesh, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.

There is no competitive shortlisting here — the exemption is granted through an administrative review.

• Study the policy document. Developers should read the IT and ITeS Policy of Uttar Pradesh 2022 in full to understand the detailed procedure attached to this incentive.
• File a formal request. The application goes to the designated state authority through the Nivesh Mitra portal, together with documentation on the proposed IT park, the land purchase or lease agreements, and evidence that the project follows the policy's guidelines.
• Departmental review. Officials examine the project plans, the financial viability of the proposal, and compliance with the policy's criteria and statutory requirements to confirm the applicant is a genuine IT park developer.
• Grant of exemption. Once verification is complete and the applicant is found eligible, the 100% stamp duty exemption is sanctioned for the approved land transaction.

Before you apply to UP Stamp Duty Exemption for IT Park Developers — 100% Waiver, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.