SFAILFRSD

The "Scheme for Financial Assistance to Integrated Logistics Facilities" under the Gujarat Integrated Logistics and Logistics Park Policy, provides financial support to private developers for creating logistics facilities and parks with the necessary infrastructure and services.

The "Scheme for Financial Assistance to Integrated Logistics Facilities" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Integrated Logistics and Logistics Park Policy. Effective from August 2nd, 2021 to August 1st, 2026, this initiative aims to provide financial assistance to the private developer for developing Logistics Facilities and Logistics Park with all required infrastructure and logistic services.

The component "Reimbursement of Stamp Duty", provides financial relief to developers who have paid Stamp Duty on the purchase of land required for a new unit/project. The scheme is aimed at promoting new developments by reducing the financial burden on eligible projects during their establishment phase.

• Only new units/projects are eligible for this reimbursement.
• Developer is eligible for reimbursement of the Stamp Duty paid on the purchase of required land for the project during the operative period of the scheme.

• Financial Assistance: Developers can recover the Stamp Duty paid on the purchase of land for the project. - Project-Specific Support: Reimbursement is tied to the completion of specific project milestones (e.g., purchasing all required land and completing at least 40% of construction).

• Developers are not eligible for reimbursement if the land is provided by the Government.
• Developers who have taken the land on lease or rental basis are ineligible.
• Developers who have not completed at least 40% of the sanctioned construction work are ineligible.