Maghemite (γ‐Fe2O3) is an environmentally benign catalyst for selective catalytic reduction (SCR) of NO with NH3, but its poor stability and low activity hamper its application in real NO emission control. Herein, we developed a stable Ti4+ doped γ‐Fe2O3 catalyst (Ti‐γ‐Fe2O3) by site‐specific Ti4+ doping at the octahedral sites rather than tetrahedral active sites (Fe3+Td), as substantiated by synchrotron room‐temperature X‐ray diffraction (SXRD) data. In situ SXRD and thermogravimetric analysis (TG) data demonstrate that Ti4+ cations occupying part of the octahedral sites lead to enhanced thermal stability of Ti‐γ‐Fe2O3 with respect to γ‐Fe2O3, thus enabling Ti‐γ‐Fe2O3 to stably operate at 400 °C under simulated normal SCR conditions. Fe L3‐edge and O K‐edge X‐ray absorption spectra show that the high‐valence Ti4+ doping lengthens the Fe3+Td‐O bonds, and activates the lattice oxygen species, thus improving the SCR activity. This work provides a feasible strategy for designing environmentally benign Fe2O3‐based SCR catalysts with significant stability and high catalytic activity.