The Maharashtra Cabinet has approved a full stamp duty exemption on land transfers between group companies or SPVs for renewable energy projects, along with a 25 percent concession on transfer charges for land bought for such projects. The Cabinet also amended Section 72 of the 2013 land acquisition law to revise interest on delayed compensation payments.
What this changes for a title check
For a title check on land tied to a renewable energy project in Maharashtra, a registered transfer between a developer's holding company and its special purpose vehicle should no longer show stamp duty paid, and that absence should now be read as compliant rather than as a red flag or an under stamped document. The 25 percent concession on transfer charges applies specifically to land purchased for renewable energy use, so a title report should confirm the land's stated end use matches a renewable energy project before assuming the discounted charge was correctly applied. The Section 72 amendment changes how interest is calculated on delayed compensation under the land acquisition law, which matters for any property that was compulsorily acquired and where the compensation payment history forms part of the chain of title. None of these changes affects ownership itself, but all three change what a checker should expect to see on the stamp duty line and the compensation ledger for renewable energy and acquired land in Maharashtra going forward.