Land, Stamp Duty and Land Conversion Support (IPR 2022)

IPR 2022 supports eligible units on land costs in three ways: land at a concessional industrial rate, relief on stamp duty, and relief on the premium for converting land use under the Orissa Land Reforms Act.

The terms changed in 2024. The original policy said no stamp duty was payable on land allotted by the Government to IDCO, and gave loan deeds a full stamp duty exemption. The 2024 amendment says stamp duty will be reimbursed, and loan deeds get exemption or reimbursement. The original policy exempted the conversion premium on an eligibility certificate. The amendment adds that a conversion fee paid upfront is reimbursed after commercial production. The amended terms apply from the date of the amended notification.

What you get

• Land at a concessional industrial rate
• A special subsidised land rate for units that create a large number of direct jobs, except in areas covered by the Bhubaneswar Development Authority and the Cuttack Development Authority
• Reimbursement of stamp duty and of a land conversion fee paid upfront

Who can apply

• Eligible industrial units in Odisha, including units that acquire land for expansion

How to apply: Get sector status first. Then follow the department's operational guideline for stamp duty, land conversion premium and land cost, and check which version of the terms applies to your date of notification.