Subsidy for Theme Park and Amusement Park Projects in Gujarat

🎢 Subsidy for Theme Park and Amusement Park Projects in Gujarat

A Big Boost for Tourism Entrepreneurs Under Gujarat Tourism Policy 2021–25

With the rise in demand for experiential tourism and family-based recreational getaways, theme parks and integrated amusement destinations have immense potential in Gujarat. To harness this, the Government of Gujarat offers 15% capital subsidy and a host of other benefits under its Tourism Policy 2021–25.

This blog outlines the full scope of eligibility, financial incentives, project guidelines, and how investors can avail benefits for launching Theme Parks, Amusement Parks, and Integrated Tourism Destinations.

🎡 What is a Theme Park or Integrated Tourism Destination?

✅ Theme Park

A Theme Park is a recreational tourism project that includes:

• Amusement rides
• Adventure rides
• Water rides
• Accommodation units
• Parking, food courts, safety, and sanitation facilities

📌 Minimum Capital Investment: ₹50.00 Crores
📌 Excludes: Ride facilities inside malls or multiplexes

✅ Integrated Tourism Destination Theme Park

A multi-facility tourism complex combining several tourism activities at one location. It must include:

• Entertainment & amusement
• Accommodation & restaurants
• Musical fountains, stage shows, camping areas
• Night tourism activities like stargazing, film studios, caravan parks
• MICE events (Meetings, Incentives, Conferences, and Exhibitions)

📌 Minimum Capital Investment: ₹500.00 Crores
📌 Approval Required: Must obtain clearance from State-Level Empowered Committee (SLEC)

🏛️ Financial Incentives Under Gujarat Tourism Policy 2021–25

✅ 1. Capital Subsidy – 15%

📝 Subsidy is only on eligible Fixed Capital Investment. Land cost is excluded.

✅ 2. Electricity Duty Exemption

• 100% exemption for 5 years from the date of commercial operation
• Must apply after receiving the first electricity bill

✅ 3. Stamp Duty & Registration Fee Reimbursement

• 100% reimbursement of stamp duty and registration fees on project-related land or lease agreements.

✅ 4. Eligibility for Market Development Assistance (MDA)

Theme parks can avail subsidy for:

• Participation in tourism fairs
• Organizing events and promotions
• Time limit: Apply within 180 days of the event/publication

📋 Mandatory Infrastructure for Theme Parks

To be eligible, theme parks must include the following:

• Accommodation Units
• Adequate Toilets
• Drinking Water Facility
• Baby Feeding Room
• Medical Emergency Services
• Parking Facility (min. 500 sq. m.)
• Digital Payment Facility
• Information Booths
• Solid and Liquid Waste Management

📅 Policy Period and Eligibility Conditions

• Policy Valid From: 1st January 2021 to 31st December 2025
• New and Expansion Projects are eligible
• Must start full or partial operations within policy period

🛠 Project Completion Deadlines (Extended Period)

🧾 Application Process – Step-by-Step

Step 1: Project Planning & DPR

Prepare a Detailed Project Report (DPR) including:

• Theme concept
• Costing, layout, and project timeline
• Market feasibility
• Environmental and safety compliances

Step 2: Tourism Unit Registration

Apply for registration at https://tourism.gujarat.gov.in

Step 3: Project Execution

Start construction, install infrastructure and rides, and set up support services.

Step 4: Start Commercial Operations

Submit the first commercial invoice—this will determine the start date of subsidy eligibility.

Step 5: Apply for Subsidies

File your claims for capital subsidy, stamp duty, and electricity duty within the respective timelines.

💡 Sample Case Study

Project: Adventure + Water Theme Park near Vadodara
Total Investment: ₹80.00 Cr
Eligible Subsidy @15%: ₹12.00 Cr
Stamp Duty Exemption: actual basis
Electricity Duty Savings (5 Years): actual basis

Total Benefit: ₹12.00 Cr+

❓ FAQs

1. Are ride zones inside a shopping mall eligible?

❌ No. Ride and entertainment setups inside commercial malls or multiplexes are not treated as theme parks under this policy.

1. Can we get benefits under both state and central policies?

✅ Yes, as long as total subsidies from all sources do not exceed the actual capital investment.

1. Is an expansion of an existing park eligible?

✅ Yes, if the expansion is 50% or more in terms of rides or capacity.

🤝 How Adroit Corporation Can Help

We provide complete consulting services for:

✅ Project Feasibility Study & DPR
✅ Cost Estimation & Funding Strategy
✅ Tourism Registration & Government Liaison
✅ Subsidy Claim Filing (Capital, Duty, Stamp)
✅ Bank Loan Assistance (if needed)

👨‍💼 Rajesh Savaniya
CEO & Founder – Adroit Corporation
📞 +91 76000 10101
📧 info@adroitcorporation.in
🌐 www.adroitcorporation.in

Rajesh Savaniya