Punjab Government Amends Land Transfer Policy, Imposes 12.5% Fee on Industrial Plots
— The Government of Punjab has officially announced significant amendments to its land transfer policy, introducing a 12.5% transfer fee on the reserved price of industrial plots. This key policy change is aimed at regulating industrial land use while simultaneously boosting the state’s revenue base.
The revised land transfer rules are a direct outcome of the commitments made by Chief Minister Bhagwant Singh Mann during the Udyog Kranti event held on June 12, 2025. The move marks the fulfillment of two major promises within a month, underlining the Mann-led government’s swift and decisive action toward economic reform.
Boosting Industrial Investment and Accountability
By tightening regulations around the resale and transfer of industrial plots, the new policy aims to prevent misuse and speculative trading of industrial land, ensuring that land allotted for business purposes is utilized productively. The transfer fee is expected to act as a check against hoarding and promote genuine industrial development.
Officials from the Punjab Bureau of Investment Promotion noted that the amendment is designed to encourage responsible investment, streamline land transactions, and create a more transparent ecosystem for industrial growth. It is also aligned with Punjab’s broader strategy to become a top destination for industrial investment in India.
A Step Toward Economic Transformation
This initiative reflects the government’s larger vision of ushering in an industrial revolution in Punjab, with a strong focus on job creation, infrastructure development, and entrepreneurship. With multiple investor-friendly reforms already underway, the Mann government has been making active efforts to restore investor confidence and stimulate economic dynamism in the state.
Industry experts have largely welcomed the move, citing that clarity in policy and speedy implementation are essential for long-term growth. The state’s proactive approach in meeting announced deadlines and keeping policy transparent is being seen as a positive signal to both domestic and international investors.