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Investment Opportunities in Tourism Sector

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Investment Opportunities in Tourism Sector Rajasthan, India Investment Opportunities in Tourism Sector Incredible architectural marvels, rich culture and Ÿ For Heritage Hotels – no conversion charges, grant of heritage, vibrant & colorful living traditions, wildlife Patta (Lease title), permitted to operate on narrow sanctuaries and national parks, safaris and sand dunes roads, permitted to commercially convert 1000 sq. mtr. are just a few reasons that attract tourist to this /10% of plinth area whichever is less, UD Tax only on beautiful land, Rajasthan. covered area etc. Approximately 7.68 million foreign tourists visited India Ÿ Miscellaneous – Duration of annual licenses required in 2014, of which 1.52 million visited Rajasthan. In the to operate hotels has been extended to 10 years, same year, around 3.3 crore domestic tourists visited the granted double FAR, Tourism units are eligible to State. The growth rate of tourism in Rajasthan is more become training partners under Employment Linked than 9% offering a promising future. Skill Training Program (ELSTP), lease amount on The State Government is constantly institutional rates, 50% rebate on Special innovating to enhance the tourism Road Tax (SRT) to luxury coaches, etc. experience; existing monuments are Fiscal benefits under RIPS - 2014 are being restored and conserved. also available. Some like Amber Fort in Jaipur are Rajasthan Tourism intends to being converted into “Living Investment aggressively market its tourism Monuments” and Night Tourism products and destinations Sites, New Tourism Products are Opportunities through attractive being introduced and the existing advertisements, commercials and ones are being strengthened. in Rajasthan jingles across all media within the It is easy to see why Rajasthan country as well in important source should invite investment in tourism markets overseas. This will lead to for it is one of the most easily increased footfall of domestic and connected and strategically located for the foreign tourists. This will also help the purpose. As part of the Golden Triangle of the cause of investors and in long-term increase North, Jaipur is easily connected with both New Delhi the return on their investment. and Agra. As part of the Cultural Circuit, its major cities Besides offering Government Owned Heritage Properties are linked with both Mumbai and New Delhi. (Nazool), the State Government has contacted the To attract investment in Tourism Sector, Rajasthan owners of heritage properties and has listed forts and Tourism Unit Policy-2015 was announced by the State palaces which are available for investment in joint Government in June, 2015. The Policy has following venture or management contract. The private properties features: and land which the owners want to offer for private investment have also been listed. The government is Ÿ Tourism Units have been defined comprehensively further encouraging private sector investment on Ÿ Exemption from conversion charges of land in urban Government Land for development of tourism units in and rural areas for new tourism units the State. This brochure comprehensively lists out all Ÿ Fixed timelines for conversion of land and approval of such opportunities for investment. building plans. The State Government invites you to invest in tourism sector in the State. H P Jaisalmer 70 H H (P O) 04 Jalore 77 Ajmer 06 Jhalawar 79 Alwar 10 Jodhpur 80 Bharatpur 12 Karauli 81 Bhilwara 12 Kota 84 Chittorgarh 13 Nagaur 88 Jaipur 15 Pali 93 Jhunjhunu 17 CONTENTS Pratapgarh 93 Jodhpur 20 Rajsamand 94 Nagaur 20 Sirohi 98 Pali 23 Tonk 98 Sikar 23 Udaipur 106 Rajsamand 24 P O T N H P U / L 109 (O G) 27 Ajmer 110 Jaipur 112 G L A 30 Jaisalmer 124 Ajmer 32 Jhunjhunu 124 Alwar 41 Rajsamand 125 Baran 56 Sawai Madhopur 125 Barmer 56 Sikar 126 Bharatpur 57 Udaipur 127 Bikaner 58 Chittorgarh 61 M & M Dholpur 63 I 136 Dungarpur 65 Heritage Properties & Heritage Hotels (Privately Owned) In recent years, one of the most exciting tourism products in Rajasthan has been the conversion of old buildings into charming heritage hotels. This has led to a new experience for tourists in the hinterlands of the State, as well as has played a very important role in their conservation. Privately owned heritage properties are available at many places which have the potential for development as Heritage Units. A list of palaces has been identified for promotion and entrepreneurs can get in touch with the owners directly, to run them either independently or as part of a chain or on a lease basis. The Department of Tourism has put together a list of properties after confirming the interest of the owners. Special Incentives available for Heritage Hotels in Tourism Unit Policy 2015: Special Incentives available for Heritage Hotels issue of this policy in Tourism Unit Policy 2015 Ÿ For Rural (Abadi) areas, Panchayati Raj Ÿ Minimum investment limit shall not be department has formulated rules for applicable to Heritage Hotels for availing regularisation of existing Heritage Hotels and Rajasthan Investment Promotion Scheme also other existing Heritage Buildings which benefits may be used as Heritage Hotels in future Ÿ Heritage Hotels situated on narrow roads in Ÿ Heritage Hotels are allowed to convert a urban areas which arrange for a dedicated maximum of 1000 m² or 10% of plinth area, alternative parking on a 40/60 feet wide road whichever is less for commercial use and provide for Park and Ride system from Ÿ Additional exemption of 25% on Stamp Duty is hotel to parking place, shall be permitted to available for more than 100 years old heritage operate on such roads properties as per the scheme declared by the Ÿ Similarly Heritage Hotels situated on narrow Tourism Department as provided in the roads in Rural and Panchayat / Rural Abadi Finance Department Notification No.F.12(20) areas will be permitted to operate FD/ Tax/ 2005-2019 dated 24.03.2005 Ÿ These provisions shall also be applicable for Ÿ Basic Service for Urban Poor (BSUP) charges existing heritage buildings proposed to be shall be levied only on the constructed area used as Heritage Hotels, of Heritage Hotels. Ÿ Concerned departments will issue conversion Ÿ Heritage Hotels approved by Ministry of orders for existing and operating Heritage Tourism, Government of India / Government Hotels / Buildings. Similar order will also be of Rajasthan shall be eligible for all benefits issued for those who intend to operate under RIPS. Heritage Buildings as Heritage Hotels after 5 Pisangan Fort Ajmer Sh. Jitendra Sen Rathore Name of owner and E: [email protected] contact details T: +91 97824 75604, +91 145 277 5127 Heritage property Pisangan Fort, Panchayat Samiti - address Pisangan, Ajmer 305204 Total area / constructed area of Total area - 10 bigha heritage property Distance from National Highway / National Highway No. 8 is at 20 km State Highway Name and distance of nearby tourist Pushkar at 27 km destination/ or its distance Expected market INR 3 crore value Amount of As per proposal investment sought Brief detail of the Approximately 155 years old fort with property about 100 rooms. Offer on long-term Pisangan Fort lease, sale, Management As per proposal Agreement , franchise, branding and Marketing, etc. 6 Fort Baghera Ajmer Sh. Veerbhadra Singh Name of owner and E: [email protected] contact details T: +91 99286 17782, +91 141 276 2271 Heritage property Fort Baghera, Village Baghera, Tehsil address Kekri, Ajmer 305415 Total area / Total area - 2 hectare constructed area of heritage property Constructed area - 70000 sq. ft. Distance from national Highway / Kekri at 18 km State Highway Name and distance of nearby tourist Ajmer at 100 km destination/ or its distance Expected market NA value Amount of Fort Baghera INR 5 to 7 crore investment sought Fort Baghera This fort was built in the 17th century Brief detail of the by the Rathore ruler Udai Singh and property his son Sh. Jorawar Singh and it has about 100 rooms. Offer on long-term lease, sale, Management Long Term Lease / Joint Venture Agreement , franchise, branding and Marketing, etc. 7 Khawas Fort Ajmer Sh. Bharat Sen Rathore Name of owner and Sh. Harshavardhan Sen Rathore contact details E: [email protected] T: +91 94146 07442 Heritage property Village Khawas via Kadera, Tehsil address Kekri, District Ajmer 305405 Total area / Total area - 1200 sq. m. constructed area of heritage property Constructed area - 280 sq. m. Distance from Jaipur-Bhilwara State Highway via national Highway / Kekri at 1 km State Highway Name and distance of nearby tourist Bundi at 70 km destination/ or its distance Expected market NA Khawas Fort value Amount of NA investment sought Brief detail of the About 85 years old property. property Offer on long-term lease, sale, Management Branding and Marketing Agreement , franchise, branding and Marketing, etc. 8 Mehrun Fort Pratap Palace Ajmer Ajmer Ms. Uma Rajawat C/o Sh. Pushpendra Singh Sh. Jai Singh Rathore Name of owner and B/4, 146 Ganesham Apartment, Near E: [email protected] Name of owner and contact details contact details Chitrakoot Stadium, Jaipur T: +91 98282 73297 E: [email protected] T: +91 97859 44957 Heritage property Pratap Palace, Ras Haveli, Pushkar, address District - Ajmer Heritage property Garh Mehrun Kalan, Via Kekri, address District Ajmer Total area - 1672.33 sq. yd. Total area / Constructed area - ground floor- 4398 Total area / Total – 2 Hectare constructed area of sq. ft. constructed area of Constructed – 1 Hectare (Approx) heritage property Constructed area - first floor - 2211 sq. heritage property ft. Distance from Distance from national Highway / 12 kms from SH national Highway / Ajmer-Pushkar State Highway at 1 km State Highway State Highway Name and distance Name and distance of nearby tourist of nearby tourist Ajmer at 90 km Ajmer at 13 km and Nagaur at 40 km destination/ or its destination/ or its Pushkar at 105 kms distance distance Expected market Expected market NA 10 Cr.
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