UP Stamp Duty Exemption for IT Park Developers — 100% Waiver — Frequently Asked Questions
Answers to the questions founders most often ask about UP Stamp Duty Exemption for IT Park Developers — 100% Waiver — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much does the UP Stamp Duty Exemption actually give?
It is not a cash amount. The scheme covers 100% of the stamp duty payable when an IT park developer buys or leases land, so the value of the benefit depends entirely on the land transaction. The policy does not publish a fixed figure, which is why the amount is listed as varying.
Who is eligible to apply?
The exemption is meant for developers of IT parks who are purchasing or leasing land to set up or expand IT infrastructure in Uttar Pradesh. Business entities legally registered to act as developers can apply.
Which entity types can claim it?
Private Limited Companies, LLPs, One Person Companies (OPCs), Partnerships and Proprietorships are all recognised, as long as the entity is legally registered to act as a developer of an IT park.
Is there an application deadline?
No specific deadline is mentioned. This incentive is available on a rolling basis, for as long as the IT and ITeS Policy of Uttar Pradesh 2022 remains in force.
Does this scheme take equity in my company?
No. It is a subsidy delivered as a stamp duty waiver, so it is non-dilutive — no stake in your business is taken and there is nothing to repay.
Does my project have to be located in Uttar Pradesh?
Yes. The exemption is part of Uttar Pradesh's own IT and ITeS Policy 2022, so it applies exclusively to projects within the state.
Do I need DPIIT recognition or MSME registration?
The stated eligibility criteria do not list DPIIT recognition or MSME (Udyam) registration as a condition. The test is whether you are a legitimate developer of an IT park in Uttar Pradesh.
Can I claim it on a lease, or only on a purchase?
Both are covered. The 100% stamp duty exemption applies to land that a developer either purchases or takes on lease for an IT park project.
What documents are typically required?
You will need documentation relating to the proposed IT park project, the land purchase or lease agreements, and material showing that the project follows the policy's guidelines. The full IT and ITeS Policy of Uttar Pradesh 2022 document sets out the detailed requirements.
How and where do I apply?
Submit a formal request to the designated state authority, along with your project and land transaction documents. Applications are filed through the state's Nivesh Mitra portal at niveshmitra.up.gov.in, and the request is reviewed for eligibility and compliance before the exemption is granted.
Who offers UP Stamp Duty Exemption for IT Park Developers — 100% Waiver?
UP Stamp Duty Exemption for IT Park Developers — 100% Waiver is offered by Government of Uttar Pradesh, a government body. It is provided as non-dilutive funding.
How do I apply for UP Stamp Duty Exemption for IT Park Developers — 100% Waiver?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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