How EVOQIndia Helps Tourism Projects Access MTDC / Maharashtra Tourism Policy (2024–25) Subsidies
The Maharashtra Tourism Policy (issued 2024 and actively guiding 2025 implementation) offers a broad range of performance-linked financial and non-financial incentives to encourage private investment in tourism — from SGST reimbursements and electricity duty relief to interest subventions, stamp-duty exemptions and sustainability grants. Successful access to these incentives requires careful project classification, documentation, regulatory compliance and liaison with state agencies. EVOQIndia is positioned to guide promoters through each step — turning policy opportunities into usable capital and faster project rollout.
1. Policy-aware project structuring & eligibility assessment
EVOQIndia begins by mapping a project against the Tourism Policy’s classifications (e.g., Mega / Ultra-Mega projects, tourism zones and unit types such as adventure, rural/agro-tourism, home stay, beach shacks, caravan parks). This early screening determines which incentives apply (eligibility periods, percentage of SGST reimbursement, electricity duty exemption slabs, interest subvention limits, etc.) and informs the optimal fixed capital investment (FCI) thresholds and employment targets required for higher benefits. EVOQIndia uses the policy matrix to produce a clear “incentive forecast” so promoters know expected support before committing funds.
2. Site selection, feasibility & DPR preparation
The company conducts site appraisals (accessibility, environmental sensitivity, local infrastructure, carrying capacity) and prepares bank-grade feasibility studies and Detailed Project Reports (DPRs). These documents are tailored to the Tourism Department / MTDC expectations so that capital subsidy, sustainability reimbursements (e.g., up to a certain % of sustainability costs) and other fiscal incentives can be properly justified and claimed. This service reduces the time spent in back-and-forth with authorities and strengthens the promoter’s application.
3. Application, single-window filings and permissions
The Maharashtra policy emphasizes ease of doing business and single-window clearances. EVOQIndia prepares and submits incentive applications, statutory forms, environmental clearances, land/lease documentation and technical annexures required by the Tourism Department/MTDC. By managing the end-to-end filings and following up with concerned departments, EVOQIndia shortens approval timelines and helps ensure applications comply with policy timelines and documentary standards.
4. Capturing fiscal incentives — SGST, electricity and stamp duty
EVOQIndia helps clients claim the policy’s key fiscal incentives:
- SGST reimbursement: advising on how to structure billing and accounting to maximize net SGST reimbursement during the eligible period (policy specifies varying reimbursement percentages by zone/type).
- Electricity duty & tariff relief: assistance in documentation needed to obtain partial/100% exemption or industrial tariff differentials.
- Stamp duty & registration exemptions: guidance for executing sale/lease deeds during the policy period to claim percentage exemptions on stamp duty and registration.
EVOQIndia prepares the claim packages and supports audit-ready records so promoters can receive timely reimbursements.
5. Interest subvention & financing support
Under the policy, certain tourism units are eligible for interest subvention (a stated % on term loans). EVOQIndia coordinates with banks and lending institutions, structures loan proposals, and helps obtain the required certificates and evidences so interest subvention claims can be processed and passed through efficiently. This reduces the net cost of debt servicing for the promoter.
6. Green & sustainability incentives
The policy offers specific support for sustainability measures — reimbursements for eligible green investments (subject to ceilings) and higher priority for eco-friendly projects. EVOQIndia prepares sustainability budgets, checks conformity with eligible items (solar, sewage treatment, waste management) and compiles the required cost documentation so projects can claim the sustainability grant/ reimbursement up to the policy ceiling.
7. MTDC / Government liaison, DPR defense & claim follow-up
EVOQIndia acts as the promoter’s representative before MTDC, district tourism units and the Tourism Department — defending DPRs, responding to queries, securing on-site inspections, and following up on sanction orders and reimbursement processing. This front-line liaison accelerates approvals and reduces administrative friction.
8. Value-added services: vendor development & operational readiness
Beyond incentives, EVOQIndia supports procurement, vendor identification (local vendor development encouraged under the policy), workforce planning and soft-launch operations. These practical services help a tourism unit begin revenue operations sooner — which in turn strengthens claims for performance-linked incentives.
Why promoters choose EVOQIndia
EVOQIndia combines real-estate & industrial allotment experience with targeted policy know-how. For investors who want to convert the Maharashtra Tourism Policy’s financial levers into real cost reductions and faster commissioning, EVOQIndia provides the technical write-ups, compliance checklists and government interface that make claims deliverable — not just theoretical.