The Uttar Pradesh government has approved a major reduction in stamp duty and registration fees for rental agreements lasting up to ten years. Chief Minister Yogi Adityanath’s cabinet cleared the new rates, which are expected to make tenancy agreements more affordable and encourage proper documentation.

Under the revised structure, rental agreements with an average annual rent of up to Rs 2 lakh will now attract stamp duty and registration charges between Rs 500 and Rs 2,000. For rents between Rs 2,00,001 and Rs 6,00,000, the fees will range from Rs 1,500 to Rs 7,500. Agreements with annual rents between Rs 6,00,001 and Rs 10,00,000 will be charged Rs 2,500 to Rs 10,000.

The government believes the move will help reduce disputes and ensure smoother implementation of the Tenancy Regulatio

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