What you get
- Assistance to Institutes: 100% reimbursement of stamp duty on the purchase of land required for the industrial park. - Assistance to Individual Units: Individual units located within the Industrial Park are eligible for a 50% reimbursement of the stamp duty paid on the purchase of plots within the park
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common 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.