TyTil Realty Services LLP

A major relief for families and businesses in Uttar Pradesh — explained simply In a significant and citizen-friendly decision , the Uttar Pradesh (UP) Cabinet , led by Chief Minister Yogi Adityanath, recently approved a major reform in the state’s property laws aimed at making property transfer easier, cheaper and more transparent for families . As part of these decisions, the government has expanded stamp duty relief on gift deeds to include not just residential and agricultural properties but also industrial and commercial properties transferred within family members.  This move will impact many families and entrepreneurs especially those owning commercial buildings, factories, shops, warehouses and other business assets in UP, from small towns to industrial hubs like Noida, Greater Noida, Kanpur and Lucknow. Let’s break it down in easy-to-understand words: what the policy change is about, why it matters, how it helps people, and what property owners should consider before ...