
Buying Property In UP? 1% Stamp Duty Relief Rolled Out For Woman Property Buyers; Details Here
The UP government's decision aligns with the Union Budget 2024, where the Centre also proposed reducing stamp duty on property deeds executed in favour of women.
The Uttar Pradesh government has approved a major relief for women property buyers. In a significant move aimed at empowering women, the UP Cabinet has approved a 1% discount in stamp duty on properties valued up to Rs 1 crore, if purchased in the name of a woman.
The decision was taken earlier this week during a Cabinet meeting chaired by Chief Minister Yogi Adityanath at Lok Bhavan in Lucknow.
Until now, the stamp duty exemption was restricted to properties worth up to Rs 10 lakh, where a maximum discount of Rs 10,000 could be availed. With the latest decision, this exemption now applies to properties worth up to Rs 1 crore, significantly expanding its scope and impact.
Sharing details of the move, UP Labour Minister Anil Rajbhar said, 'The government believes this decision will help middle-class women become property owners, which will not only increase their confidence but they will also become financially more capable and respected in the society."
He added that this step will further strengthen the Mission Shakti programme, which is focused on making women self-reliant and empowered.
The UP government's decision aligns with the Union Budget 2024, where the Centre also proposed reducing stamp duty on property deeds executed in favour of women. Officials said the state's move is expected to lead to a sharp rise in property registrations in the names of women.
Vikas Tomar, executive president and business head at Square Yards, welcomed the decision and said it would particularly benefit the mid-segment market: 'The Uttar Pradesh government's decision to reduce stamp duty by 1% for women on property purchases up to Rs 1 crore is a positive step and will likely boost sentiment among women aspiring to own a home… With this added incentive, we're likely to see greater interest in the mid-range category across cities like Noida, Greater Noida, and Ghaziabad, with more buyers moving forward with purchases under women's ownership."
Vikas Bhasin, MD of Saya Group, called the move beneficial but urged the government to go further: 'Stamp duty and other levies form a significant part of home-buying costs, and any reduction helps buyers save a substantial amount of money. However, we have consistently advocated for a broader reduction—especially since it is charged in addition to GST on under-construction properties. The government should consider reducing these charges for all homebuyers to make ownership more affordable."
Sahil Agarwal, CEO of Nimbus Realty, echoed a similar sentiment on the decision and said, 'It's a progressive step. At a time when interest from women buyers is steadily increasing, this rebate could tip the scale. From an industry perspective, it aligns well with the current demand wave we're witnessing in suburban NCR, which is witnessing a rise in co-owned properties and purchases by women-led households. Further, it will not only bring down the upfront costs of home buying for women, but also encourage families to include women in asset ownership."
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First Published:
July 26, 2025, 13:08 IST
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