{"id":1082467,"date":"2025-08-06T10:50:10","date_gmt":"2025-08-06T05:20:10","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=1082467"},"modified":"2025-08-06T10:50:10","modified_gmt":"2025-08-06T05:20:10","slug":"empowering-women-homebuyers-up-new-1-percent-stamp-duty-relief-program","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/empowering-women-homebuyers-up-new-1-percent-stamp-duty-relief-program","title":{"rendered":"Empowering Women Homebuyers: UP&#8217;s New 1% Stamp Duty Relief Program"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The Uttar Pradesh administration has endorsed a major support initiative for women property purchasers. To empower women, the UP Cabinet has decided to offer a 1% discount on stamp duty for properties priced up to Rs 1 crore. All as long as they are purchased in a woman&#8217;s name.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">During a Cabinet meeting at Lok Bhavan in Lucknow, Chief Minister Yogi Adityanath chaired a meeting earlier this week where the decision was made.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As of now, the stamp duty exemption has been restricted to properties valued at a maximum of Rs 10 lakh, providing a maximum discount of Rs 10,000. The latest ruling allows this exemption to apply to properties worth up to Rs 1 crore, significantly increasing its scope and effect.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The decision by the UP government matches the Union Budget 2024, which also suggested lowering the stamp duty on property deeds for women. Officials indicated that the state&#8217;s initiative is expected to bring about a considerable rise in property registrations for women.<\/span><\/p>\n<h2>Insight from Our Real Estate Specialist<\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Serving as the executive president and business head at <a href=\"https:\/\/www.squareyards.com\/\" target=\"_blank\" rel=\"noopener\">Square Yards<\/a>, <\/span><b><i>Vikas Tomar<\/i><\/b><span style=\"font-weight: 400;\">, endorsed the decision, indicating it would specifically benefit the mid-segment market: <\/span><b><i>\u201cThe Uttar Pradesh government\u2019s 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\u2026 With this added incentive, we\u2019re 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\u2019s ownership.&#8221;<\/i><\/b><\/p>\n<p>Read more through the links below to uncover the key trends and market leaders driving this growth:<\/p>\n<p><strong>News18 India<\/strong>: https:\/\/bit.ly\/4lZVqzq<\/p>\n<article class=\"article-post\">\n<article class=\"article-post\">\n<article class=\"article-post\">\n<p><strong>Published Date<\/strong>: 26 July, 2025<\/p>\n<\/article>\n<\/article>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>The Uttar Pradesh administration has endorsed a major support initiative for women property purchasers. To empower women, the UP Cabinet has decided to offer a 1% discount on stamp duty for properties priced up to Rs 1 crore. All as long as they are purchased in a woman&#8217;s name. During a Cabinet meeting at Lok [&hellip;]<\/p>\n","protected":false},"author":135,"featured_media":1082468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[234],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1082467"}],"collection":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/users\/135"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/comments?post=1082467"}],"version-history":[{"count":1,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1082467\/revisions"}],"predecessor-version":[{"id":1082470,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/1082467\/revisions\/1082470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media\/1082468"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media?parent=1082467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/categories?post=1082467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}