Financial Assistance to Industrial Parks: Stamp Duty
100% stamp duty reimbursement for institutes, 50% for units · industrial parks Gujarat
This Gujarat state scheme supports developers of industrial parks by reimbursing stamp duty costs on land purchases. Park developers get 100% stamp duty reimbursement on the land they acquire for the park, while individual units located within the park get 50% reimbursement on plot purchases. Apply online through the Investor Facilitation Portal at ifp.gujarat.gov.in.
About This Scheme
This Gujarat state scheme supports developers of industrial parks by reimbursing stamp duty costs on land purchases. Park developers get 100% stamp duty reimbursement on the land they acquire for the park, while individual units located within the park get 50% reimbursement on plot purchases. Apply online through the Investor Facilitation Portal at ifp.gujarat.gov.in.
Full official description
The scheme "Financial Assistance to Industrial Parks" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters. The component "Stamp Duty", is aimed at providing financial support to the developers of Industrial Parks and individual units located within those parks.
Benefits
- 100% reimbursement of stamp duty on land purchased to build the industrial park (for park developers)
- 50% reimbursement of stamp duty on plot purchases within the park (for individual units inside the park)
- Scheme operative from August 7, 2020 to August 6, 2025
💡 Why Startups Should Care
If you're buying a plot within an industrial park, getting half your stamp duty back directly lowers your entry cost into a ready-made industrial ecosystem with shared infrastructure already in place.
Who Can Apply (Eligibility)
- Must be an Industries Association or enterprise registered under the Societies Act, Partnership Act, Trust Act, Companies Act, or an SPV (Special Purpose Vehicle) formed to set up an Industrial Park
- Individual business units located within a recognized Industrial Park are eligible for the 50% stamp duty reimbursement component
- The entity must be established specifically for developing or operating an Industrial Park
How to Apply
- Visit ifp.gujarat.gov.in/DIGIGOV/ and register as a new investor.
- Log in and select the Industrial Parks Stamp Duty component.
- Fill in land/plot purchase details.
- Upload registration for constitution of the developer entity and stamp duty payment proof.
- Submit the application for reimbursement.
Frequently Asked Questions
What is the objective of the scheme "Financial Assistance to Industrial Parks" ?
The scheme "Financial Assistance to Industrial Parks" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.
What is the purpose of the "Stamp Duty" component?
The "Stamp Duty" component provides financial assistance to developers and individual units by reimbursing a percentage of the stamp duty paid on land or plot purchases within an approved Industrial Park.
How much reimbursement can Institute receive under this scheme?
Institute can receive 100% reimbursement of the stamp duty paid on the purchase of land for an Industrial Park.
What is the reimbursement percentage for individual units within the Industrial Park?
Individual units located within an Industrial Park are eligible for a 50% reimbursement of the stamp duty paid on the purchase of plots.
What are the conditions for developers to be eligible for the reimbursement?
Developers must purchase the total required land and complete at least 10% of the infrastructure as approved by the State-Level Empowered Committee (SLEC).
Are individual units required to meet specific conditions to apply for the reimbursement?
Yes, individual units must purchase a plot within an approved Industrial Park and provide proof of stamp duty payment to apply for reimbursement.
Is this scheme applicable to land or plots purchased outside an approved Industrial Park?
No, the reimbursement is only applicable to land or plots purchased within an approved Industrial Park.
Are individual units required to apply directly to the SLEC for reimbursement?
No, individual units need to apply through the Industrial Park authority with the necessary documents.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Copy of registration for constitution of developer company/firm
- Industries Association / enterprise registration under Societies Act, Partnership Act, or Companies Act
- Stamp duty payment receipts