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Government Subsidies
Maharashtra Tourism Policy: Capital & 5% Interest Subsidies for Agri-Tourism & Homestays
Turn your farmland or rural property into a thriving agro-tourism center or boutique homestay with capital subsidies and 5% interest subventions under Maharashtra Tourism Policy.
Weekend travel culture from Mumbai, Pune, Nagpur, and Nashik has created a massive boom in rural weekend getaways. Farmers across Mahabaleshwar, Alibaug, Lonavala, Igatpuri, Mulshi, and Dapoli are converting portions of their agricultural land into thriving Agro-Tourism Centers and eco-resorts.
To foster this, the Maharashtra Tourism Policy provides aggressive financial incentives to rural tourism operators.
1. Capital Investment & Interest Subsidies
- Capital Investment Subsidy: Up to 15% to 25% capital subsidy on eligible investment in tourist accommodations, dining halls, and recreational amenities in tier-2/3 rural zones.
- Interest Subvention: 5% per annum interest subvention on commercial bank term loans for up to 5 to 7 years.
- Electricity Tariff Concession: Units registered with MTDC are billed at industrial power tariffs rather than expensive commercial hotel rates!
- Stamp Duty & Electricity Duty Waiver: 100% stamp duty exemption on land purchase/long-term lease agreements.
2. Mandatory Agri-Tourism Standards
To qualify for MTDC subsidies, an agro-tourism center must:
- Maintain genuine agricultural, horticulture, or dairy activities on the land.
- Provide clean, authentic rural stay accommodations and traditional Maharashtrian cuisine.
- Hold minimum 2 to 5 acres of agricultural land with registered non-agricultural (NA) or authorized agro-tourism permissions.
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