Maharashtra Tourism Policy 2024
The Maharashtra Tourism Policy 2024 is a visionary 10-year roadmap launched by the Government of Maharashtra to transform the state into a premier global tourism destination.
This investor-centric policy aims to unlock unprecedented opportunities through powerful fiscal incentives, simplified processes, and holistic destination development across 50 sustainable tourism destinations.
The policy focuses on strategic development of Mumbai Metropolitan Region as a global hub, cruise tourism, MICE industry, rural tourism, and niche tourism segments with comprehensive support for private sector participation.
10-Year Transformative Targets
Ambitious goals to position Maharashtra as a leading global tourism destination
Attract fresh private investment into tourism sector over 10 years
Generate direct and indirect employment opportunities
Double domestic and international tourist arrivals
Contribute to making Maharashtra a USD 1 trillion economy
Strategic Focus Areas
Targeted development in high-growth tourism segments across Maharashtra
MMR Global Tourism Hub
Transform Mumbai Metropolitan Region into world-class hub targeting 25+ million tourists and $55-60 billion revenue by 2030
Cruise Tourism
Develop ocean & river cruise tourism along 720km coastline and rivers (Godavari, Narmada) with new tourism jetties
MICE Bureau
New body to attract large-scale Meetings, Incentives, Conferences & Exhibitions with end-to-end support
MAHA Destination Program
Develop 50 sustainable tourism destinations with 100% state funding and holistic infrastructure
Rural Tourism
State-wide competition with grants up to ₹10 Crore for villages promoting Agri-Tourism, Heritage, Craft, and Wellness
Niche Tourism
Promote Eco, Adventure, Agro, Caravan, and Wellness tourism with tailored incentives and infrastructure support
Financial Incentives & Benefits
Comprehensive fiscal support tailored for different project categories and zones
of eligible capital investment with caps up to ₹20 Crore
up to 15 years based on project classification
on term loans with ceiling up to ₹75 Lakhs
on purchase/lease deeds for project land
Special Incentive for Entrepreneurs
Additional 5% capital subsidy for projects owned/led (51% equity) by Women, SC/ST, and Differently-Abled Entrepreneurs. This is over and above the regular capital subsidy benefits.
Eligible Tourism Units
- Hotels, Resorts, Motels, Youth Hostels
- Serviced Apartments, Tourist Villas
- Homestays, Bed & Breakfast, Vacation Rentals
- MICE & Convention Centres
- Amusement & Theme Parks
- Ropeways, Cable Cars, Adventure Tourism
- Eco/Rural/Agro Tourism Units
- Cruise Boats, Yachts, Houseboats
- Caravan Parks, Heli Tourism
- Wellness Centers, Cultural Centers
Project Classification
- Ultra-Mega: ₹500+ Cr investment, 800+ jobs
- Mega (Zone A): ₹300+ Cr investment, 400+ jobs
- Mega (Zone B): ₹150+ Cr investment, 200+ jobs
- Mega (Zone C): ₹100+ Cr investment, 50+ jobs
- Large Projects: Above MSME threshold
- MSME Projects: As per MSMED Act
- Other Units: Homestays, Agro Tourism, etc.
Non-Fiscal Benefits & Ease of Business
Comprehensive support system for tourism project development
Industry Status Benefits
- All tourism projects granted "Industry" status
- Single Window Clearance integration with National System
- Environment & Fire Clearances within 01 month
- Open Access Electricity permission
- Priority infrastructure support (roads, water, power)
Land & Development Benefits
- Additional FSI with 50% premium discount
- Mixed Land Use development permitted
- License renewal extended to 5 years (from 1 year)
- Recreational floors in hotel buildings
- Relaxed building norms and parking requirements
- Development charges exemption for tourism components
Application Process
Simple 3-step process to avail tourism policy benefits
Registration
Register your tourism project with Directorate of Tourism (DoT) through the online portal
Eligibility Certificate
Apply for Eligibility Certificate based on project classification and location zone
Approval & Benefits
Get approval from relevant committees and start availing financial incentives
Maharashtra Tourism Policy 2024 - Complete Summary
| Policy Name | Maharashtra Tourism Policy 2024 |
|---|---|
| Validity Period | 10 Years (From 18 July, 2024) |
| Implementing Agency | Directorate of Tourism, Government of Maharashtra |
| 10-Year Targets | ₹1,00,000 Cr Investment • 18 Lakh Jobs • 2X Tourist Inflow |
| Key Fiscal Incentives | 10-20% Capital Subsidy • 100% SGST Reimbursement • 5% Interest Subvention • 100% Stamp Duty Exemption • Additional 5% for Women/SC/ST |
| Non-Fiscal Benefits | Industry Status • Single Window Clearance • Additional FSI • Fast-track Approvals • License Rationalization |
| Strategic Focus | MMR Global Hub • Cruise Tourism • MICE Bureau • MAHA Destination Program • Rural Tourism • Niche Tourism |
Expert Insight
The Maharashtra Tourism Policy 2024 is one of the most comprehensive and investor-friendly tourism policies in India. With its combination of attractive financial incentives, ease of doing business reforms, and strategic focus on high-growth segments, it presents unprecedented opportunities for hoteliers, resort developers, MICE operators, and tourism infrastructure developers. The policy's clear classification system and transparent application process make it accessible for projects of all sizes.
Need Professional Assistance?
Our tourism subsidy experts can help you with complete project documentation, eligibility assessment, application submission, and coordination with Directorate of Tourism for maximum benefits under Maharashtra Tourism Policy 2024.
Watch Detailed Video Guide
Complete walkthrough of Maharashtra Tourism Policy 2024 benefits, eligibility criteria, and application process