Loans for resort projects
We help you borrow for resort and hotel projects at lower interest rates, with low or no collateral wherever the project and the lender allow it. We prepare the project report, the means of finance and the bank file.
Most entrepreneurs never find out which subsidy their business can claim.
Maharashtra and the Centre run schemes for factories, garment units, hotels, warehouses and new micro-enterprises. Many owners never apply because nobody told them the scheme exists. Pick your kind of business and see what may be waiting for you.
We check your project against PSI-2019, the Textile Policy 2023, the Tourism Policy 2024, the Logistics Policy 2024 and PMEGP/CMEGP.
What could be waiting for your business?
Pick the kind of business you run. We show what the policies offer and what we check for you.
What we check for you
Rates shown are the headline figures from the published policies. Your actual subsidy depends on your location, size, ownership and eligible cost. Run the check for an estimate, and our team reviews every submission before you act on it.
Why so many owners never claim
The schemes are real, but nobody puts them in front of you. Three things get in the way.
Nobody mentions it
Subsidies live in government resolutions and portals, not in a bank brochure or a supplier's quote. If nobody brings it up, the owner never asks.
Every business has its own policy
A factory, a garment unit, a farm stay and a warehouse each fall under a different policy, with different rates and conditions.
Small details change the amount
Your taluka, who owns the business, whether the unit is new or an expansion, and what counts as eligible cost can each move the number.
Start with a free calculator
No login needed to explore. Each one gives you a downloadable PDF summary.
Four ways we work with you
From arranging the right term loan to making sure a subsidy claim doesn't fall through a compliance gap: one firm, one point of contact.
From enquiry to eligibility, in three steps
- Tell us about your projectUse the EMI or Subsidy tools to share your numbers. No login needed to explore.
- Get an indicative estimateSee eligible schemes, subsidy amounts and loan figures instantly, with a downloadable summary.
- We take it from thereOur team reviews your submission and follows up to turn the estimate into an actual filing.
Have a project in mind?
Speak to Shashvat Fintech directly. Nashik-based, MSME and subsidy specialists, led by a Chartered Accountant.
Jump to
Why Shashvat Fintech exists
Most entrepreneurs never find out which subsidies exist for their kind of business. The schemes are real, but they sit inside government resolutions, each with its own rates, caps and conditions. By the time an owner hears about one, the project is often built and the chance to plan around it has gone.
We read the policies so you don't have to. We tell you what applies, what it may be worth, and what it takes to claim it. If nothing applies, we say that too.
Alongside subsidies, we work on the rest of the money side of a project: the term loan, the means of finance, the DPR a bank will actually accept, and the filings that keep the business in good standing.
We built this platform to make that first conversation faster. Run your numbers, see what you may be eligible for, and walk in with a clear starting point instead of a blank page.
5subsidy schemes screened: PSI-2019, Textile, Tourism, Logistics and PMEGP/CMEGP
7calculators and reports you can download as PDF
Every estimate here is indicative. Our team reviews each submission before you act on it.
What Shashvat Fintech handles for you
Six practice areas, one advisory relationship. Pick one to see what's included.
Project Finance
Getting a project bankableGetting a project bankable, and getting it sanctioned.
- Detailed Project Report (DPR) preparation and review
- Term loan structuring and means-of-finance planning
- Bank and NBFC negotiation, including balance-transfer proposals
- Working capital and loan syndication support
- Viability studies for hotel, resort and restaurant projects, and brand tie-up advice
Subsidies
Know which scheme appliesKnowing which scheme actually applies, and proving it.
- Eligibility assessment under PSI-2019 (industrial units)
- Maharashtra Textile Policy 2023 (knitting, hosiery and garmenting units)
- Maharashtra Tourism Policy 2024 (hospitality and tourism projects)
- Maharashtra Logistics Policy 2024 (warehousing and logistics parks)
- PMEGP / CMEGP margin money subsidy for new micro-enterprises
PSI-2019
Textile 2023
Tourism 2024
Logistics 2024
PMEGP/CMEGP
MSME Consultancy
Right fit, right registrationRight classification, right registration, right scheme fit.
- Udyam registration and MSME classification advisory
- Matching projects to the schemes they actually qualify for
- Documentation support for bank and subsidy applications
Statutory Compliance
Stay in good standingThe ongoing filings that keep a business in good standing.
- Income tax return filing for individuals, HUFs and businesses
- GST registration, filing and accounting treatment queries
- Ongoing bookkeeping and accounting compliance
Hotels & Resorts
Tourism Policy 2024From the first subsidy estimate to the loan and the brand.
- Tourism Policy 2024 subsidy estimate for hotels, resorts, homestays, restaurants and agro-tourism, including the extra 5% for women, SC, ST and divyang owners
- Payback check to see whether the project's numbers work
- Term loan arrangement for the project
- Brand tie-up advice
Builders & RERA
MahaRERA complianceRegistration is not a one-time form. It is an ongoing obligation.
- MahaRERA registration
- 70:30 escrow and fund management
- Quarterly progress report (QPR) filing
- Extensions and project closure
Try it or ask us
Not sure which one you need? Start with the subsidy check or message us. We'll point you to the right place.
How we work
The same five steps, whether it's a loan, a subsidy claim or both.
- ListenTell us about the project by call, WhatsApp, the form or the calculators.
- CheckWe run the numbers and screen the schemes that could apply to you.
- PlanWe structure the loan and the means of finance, and tell you plainly which claims will hold up.
- FileWe prepare the DPR, documents and applications the bank or the department needs.
- Follow upWe stay with you after sanction, through claims, filings and compliance.
Why work with us
Led by a Chartered Accountant
Your numbers and your claim are reviewed by a practising CA, not just filled in on a form.
We read the policies
Rates, caps and conditions come from the government resolutions. When a policy is out of date or still provisional, we say so.
Straight answers
If no scheme applies, or the numbers don't work, we tell you before you spend money on the project.
Tools you can use today
EMI, balance transfer, returns and RERA escrow calculators, plus subsidy and hotel estimates, each with a PDF report.
Who we help
Pick the one closest to you and we'll take you to the right tool.
Questions we hear often
Why don't more business owners know about subsidies?
The schemes are published as government resolutions and on departmental portals, and each business type has its own policy. A bank or a supplier usually won't walk you through them, so many owners find out late or never. We read them and tell you which ones fit your project.
Which schemes do you cover?
PSI-2019 for industrial units (public summaries say a 2025 industries policy now governs new applications, so we confirm which one applies to you), the Maharashtra Textile Policy 2023, the Tourism Policy 2024, the Logistics Policy 2024, and PMEGP / CMEGP for new micro-enterprises.
Is the subsidy estimate final?
No. It is an indicative estimate worked out from the published policy. Our team reviews every submission before you act on it, and the department's own decision is what finally counts.
What should I keep ready before I call?
A rough project cost split into land, building and machinery, the district and taluka, who owns the business, whether the unit is new or an expansion, and any quotations you already have. Rough numbers are fine to start.
Do you only work with businesses in Nashik?
Our office is in Nashik, and the taluka lookup is built in for Nashik, Ahilyanagar, Jalgaon, Dhule and Nandurbar. The policies apply across Maharashtra, so ask us about projects in other districts too.
Can you help if I only need ITR or GST filing?
Yes. We file income tax returns for individuals, HUFs and businesses, handle GST registration and filing, and support ongoing bookkeeping.
I'm a builder. Do I need to register under RERA?
That depends on the size and stage of your project. The Builders page has a short guided check, an escrow calculator and the basics of MahaRERA. You can also message us with your project details.
Want to talk through your project?
Call or message Shashvat Fintech, or leave your details and we'll get back to you.
Maharashtra Tourism Policy 2024
Build your resort. Maharashtra helps pay for it.
Hotels, resorts, restaurants, homestays and farm stays can all claim a capital subsidy, and women-led projects get more. We estimate it, check that the numbers work, arrange the loan and line up the brand.
We also help with
- Women, SC, ST and divyang owners get an extra 5% on top
- Paid in 5 equal yearly instalments after you open
- Land cost is excluded, so we count only what you build and buy
Namaste! Let's work out your subsidy.
What are you building?
Pick your project type. The subsidy, the location benefits and the numbers update as you choose.
Resort, log huts & cottages
Accommodation (A)20%of eligible capital, up to ₹20 Cr
Who owns it?
New projects owned and managed by a woman, SC, ST or divyang promoter (at least 51% equity) get an extra 5% of eligible capital. The overall ceiling stays the same.
Counts towards the subsidy
- Buildings and civil works
- Furniture, fixtures and equipment
- Electrical, plumbing and HVAC
- Solar, generators, waste treatment
- A leased building, at present value
Does not count
- Land
- Consultant fees and interest during construction
- Working capital
- Spend older than 4 years at opening
Where is the property?
SGST refund and years of benefit change with location. Tap a column.
Benefits shown are for projects up to ₹50 Cr. Larger projects use a separate large-project package, and mega projects are approved case by case by a state committee.
Will the project pay for itself?
A viability study tests demand, room rates, running costs and loan repayment before you commit crores. Banks ask for one anyway. Try a quick version with your own numbers.
- Income, profit and payback, with and without the subsidy
- Break-even occupancy and loan repayment capacity
- How a brand fee changes the answer
Quick payback check
Yearly income—
Yearly profit—
Subsidy counted—
Payback is the number of years of profit needed to earn back the cost, counted from opening. Quick estimate only: it ignores the ramp-up years, tax and loan interest, which a full study covers. The subsidy is paid in 5 equal yearly instalments.
Run it under a brand, or under your own name?
A brand brings bookings, standards and training. It also takes a fee and sets rules. We help you pick the model that suits your numbers, then negotiate the terms.
This is how these models usually work. Real fees and rules depend on the brand, which is why we compare the actual term sheets with you.
- ShortlistBrands that fit your location, size and budget
- CompareFees, lock-in period and exit terms, side by side
- Test the feeWe run the brand fee through your viability study
- Negotiate and closeWe go through the agreement with you before you sign
Furniture, fixtures and equipment that a brand requires count towards the capital subsidy, if you buy them in the eligible period.
Own farmland? Turn it into an agro-tourism stay.
Maharashtra now treats agri-tourism as an agri-business, like dairy or bee-keeping. That removes the usual paperwork that stops farmers from hosting guests, and it opens the same capital subsidy that hotels get, at 15%.
- No non-agricultural permissionA farmer does not need an NA conversion for agri-tourism. The revenue office is only informed.
- 10-year licenceIssued after verification by the competent authority.
- Tents, pods and tree houses allowedTemporary tents, pods, mobile homes, tree houses, tribal huts and eco-houses are permitted.
- Domestic power rates for homestaysElectricity for homestays in agri-tourism units is billed at domestic rates.
- Sell what you growFarm produce, local products and handicrafts can be sold to visitors.
Leasing the property instead of buying it?
The policy values a leased asset at its present value, which is the lease rent discounted at 10%. That value counts as capital cost, so a lease can earn a subsidy too.
- A leased building must run for at least 15 years
- Bare land does not count, because land is excluded from eligible capital
- The lease must be signed within the 4 years before you open
Present value at 10%—
Total rent over the lease—
Loans, registration and claims
A subsidy is paid after you open. Getting the project funded, registered and claimed is the other half.
Registration and claims
Directorate of Tourism registration, the eligibility certificate and every yearly claim, prepared by a Chartered Accountant so the figures match your books.
From plan to first subsidy payment
- Tell us the projectType, location, budget and who owns the land.
- We test the numbersSubsidy, viability study and the brand route, so you see the figures before you commit.
- Register with the Directorate of TourismProvisional registration and the eligibility certificate.
- Loan sanction and constructionPay for assets and keep the invoices the claim needs.
- Open and claimCapital subsidy arrives in 5 equal yearly instalments from opening day.
Questions owners ask us
Does the land I buy count?
Not for the capital subsidy. Only buildings, equipment, furniture, fixtures, utilities and similar assets count. The stamp duty on the land or lease deed is exempted separately, by 50 to 100% depending on the zone.
Can a restaurant or café get a subsidy?
Yes, if it is at a tourist destination and follows scientific waste management. A restaurant in an ordinary city location may not qualify, so check the location before you spend.
When is the capital subsidy paid?
In 5 equal yearly instalments from the date you start commercial operation. Only investment made in the 4 years before opening counts, and it must be paid for and in use.
What is a viability study, and do I need one?
It tests whether the project earns enough to repay its loan and give you a return: demand, room rates, occupancy, running costs and repayments. Banks ask for a project report anyway, and the study tells you early if the numbers need to change. We include the subsidy and, if you choose a brand, the brand fee.
Should I run my hotel or restaurant under a brand?
It depends on your location, size and experience. A brand brings bookings and standards, and charges fees and sets rules. A small property in a well-known destination can do well on its own, while a hotel in a new location often gains more from a brand. We compare the options against your numbers before you sign.
I have already started building. Is it too late?
The first investment, first term-loan disbursement or construction permission must come on or after the date the policy was notified, and the unit must register with the Directorate of Tourism. Talk to us before you spend more.
Do women, SC/ST or divyang owners get more?
Yes. New units owned and managed by women, SC/ST or differently-abled entrepreneurs, with at least 51% equity, get an extra 5% capital incentive. It applies to new units, not expansions.
Can I also take the industrial (PSI) subsidy or PMEGP?
A hotel or resort is not a manufacturing unit, so the PSI basket does not apply. The Tourism Policy has its own package. PMEGP and CMEGP are not available if you take another subsidy on the same project, and total incentives are limited to the eligible capital investment.
Are these figures final?
No. They are estimates. The Directorate of Tourism approves the incentive basket for each project, and mega projects go to a high-power committee. We confirm the numbers before you rely on them.
Planning a resort, hotel, café or farm stay?
Tell us the plot and the budget. We come back with the subsidy number, a viability check and a loan structure.
Source: Maharashtra Tourism Policy 2024 (GR TDS-2022/09/CR 542/Tourism-4), paras 14.2 to 14.6. Figures are indicative estimates, not a sanction or a guarantee.
RERA compliance, handled properly.
MahaRERA registration isn't a one-time form. It is an ongoing obligation that touches your cash flow, your marketing and your legal exposure. We help builders and developers register correctly, stay compliant quarter after quarter, and manage the escrow account without cash flow surprises.
MahaRERA registration, 70:30 escrow compliance, quarterly progress reports and project audits.
Jump to
What is MahaRERA?
The Real Estate (Regulation and Development) Act, 2016 (RERA) is a central law that regulates the real estate sector across India — but each state runs its own regulatory authority. Maharashtra was the first state to notify its rules, and its authority, MahaRERA, has been operational since May 2017. It was created to bring transparency and accountability to a sector where buyers historically had very little recourse against delays, misleading advertisements, or inflated area calculations.
In practice, MahaRERA changed three things for builders directly: you must register a project before you can market or sell it, you must sell on standardised carpet area rather than inflated "super built-up" figures, and you must keep 70% of what you collect from buyers ring-fenced for that project's construction — not free to move to another project or use for working capital elsewhere.
Does RERA apply to your project?
Answer a few quick questions — registration is mandatory before any advertising, marketing, booking, or sale, not just before possession.
Advertising or accepting bookings before registration is a punishable offence under the Act — the registration number must appear on every advertisement once granted. This tool gives an indicative answer based on the thresholds in the Act; confirm your specific case with us before relying on it.
RERA Escrow (70:30) Calculator
Section 4(2)(l)(D) requires 70% of amounts collected from allottees to sit in a separate escrow account, released only in proportion to certified construction progress. Work out your numbers below.
₹0
Eligible for withdrawal right now
₹0
Must stay in escrow (70%)
₹0
Freely usable (30%)
₹0
Remains locked after this withdrawal
This tool estimates statutory withdrawal limits only. Actual release of funds requires certification by a practising Engineer, Architect, and Chartered Accountant, jointly, as per the Act.
Compliance Advisory for Builders
MahaRERA Registration
Project and agent registration, done right the first time.
- Applicability assessment and documentation review before filing
- Project registration application, timeline, and financial disclosures
- Agent (channel partner) registration where applicable
Escrow & Fund Management
Keeping your 70:30 split clean and your withdrawals defensible.
- Escrow account structuring and monitoring
- Completion-percentage certification coordination with your Engineer/Architect
- Annual escrow utilisation audit and CA certification
Quarterly Progress Reports
The recurring filing that's easy to fall behind on.
- QPR preparation and portal updates every quarter
- Booking/sale status and construction milestone updates
- Tracking deadlines so nothing lapses silently
Extensions & Project Closure
When timelines slip or a project is ready to close out.
- Registration extension applications for genuine delays
- Completion/Occupancy Certificate coordination
- Final account closure and de-registration
RERA Knowledge Base for Builders
The details that actually matter when you're the one signing the QPR.
Loan EMI Calculator
Work out your monthly instalment on a reducing-balance basis, with an optional moratorium period, and download the full repayment schedule.
₹0
Monthly EMI
₹0
Total interest payable
₹0
Total repayment
₹0
Processing fee
Principal vs. Interest breakdown
0%
Interest
Principal
₹0
Interest
₹0
Figures are indicative, computed on the inputs provided. Actual EMI, interest rate, and moratorium terms are subject to the lender's sanction letter and documentation.
Balance Transfer Savings Calculator
Compare your existing loan against a lower rate elsewhere, and see exactly how much a balance transfer would save you — after accounting for switching costs.
Verify your mobile number to use this calculator
Takes 10 seconds — this lets our team follow up with your personalised comparison.
Is there a subsidy for your business? Most owners never check.
Tell us about your project and we'll estimate what it may qualify for under the Maharashtra Package Scheme of Incentives (PSI-2019), the Textile Policy 2023, the Tourism Policy 2024 (hotels, resorts, agro-tourism, restaurants), the Logistics Policy 2024, or PMEGP/CMEGP, whichever applies. Estimates are indicative; our team reviews every submission before you act on it.
I run a
Can I combine schemes?
Short answer: sometimes. Each policy has its own rules on what stacks and what doesn't — here is how the common pairs work.
| Combination | Can you combine? | How it works |
|---|---|---|
| PSI-2019 + Women Entrepreneur Policy 2017 | Yes | The women's policy adds a capital subsidy on top of the PSI basket for 100% women-owned units. Its text caps capital subsidies from all sources at 50% of the fixed capital investment, and says it is valid for 5 years from 14 Dec 2017. We confirm both points before you rely on the figure. |
| Textile Policy 2023 + PSI-2019 | Partly | The textile package covers the textile-specific items. PSI can still apply to items the textile package does not cover, but the same item is never paid twice and the total stays within the policy caps. |
| Tourism Policy 2024 + PSI-2019 | Not stacked | PSI is for manufacturing units. Hotels, resorts and restaurants have their own package under the Tourism Policy: a capital subsidy, SGST refund, electricity duty exemption, stamp-duty exemption and interest subvention. |
| Tourism Policy + women / SC / ST / divyang owner | Yes | New units owned by women, SC, ST or divyang applicants get an extra 5% of eligible capital, built into your estimate (the overall ceiling still applies). |
| PMEGP / CMEGP + another capital subsidy | No | PMEGP margin money cannot be combined with another capital subsidy on the same project. Pick the scheme that pays more. |
These are summary rules for planning. Whether two benefits can run together on your project is confirmed at the application stage.
Schemes we check
Pick one to start the form with that business type already chosen.
Guides & updates
Plain-language explainers on the loans, subsidies and compliance topics we work with most often.
Latest updates
Finance and policy news for Nashik businesses, published by our team.
Knowledge base
Each guide explains one topic, what it means for your business and what to have ready.
Loan Freedom Planner
Run an SIP alongside your EMI, and use it as an annual lump-sum prepayment. See how much sooner your loan could close, and how that compares with simply letting the same SIP grow untouched.
—
New loan tenure (down from the original)
₹0
Interest saved vs. no prepayment
₹0
Total prepaid via SIP
₹0
SIP value if left untouched instead
Without SIP vs. With SIP Prepayment
| Without SIP Prepayment | With SIP Prepayment | |
|---|---|---|
| Tenure | — | — |
| Total interest paid | — | — |
This is not investment advice. The comparison shows two different things over two different time horizons — not a single "which is better" verdict. Whether prepaying beats simply investing depends on whether your actual SIP return ends up beating your loan's effective interest rate (after any tax benefits), and equity-linked returns are never guaranteed. Treat the assumed return as your own assumption, not a promise.
Know Your Returns on Investment
Simple tools to understand what your money is actually earning — more will be added here over time.
Enter each period's net cash flow (Year 0 is usually the initial investment, entered as a negative number). Add as many rows as your project needs.
—
Internal Rate of Return (IRR)
Enter each cash flow with its actual date — useful when investments/returns don't fall on neat annual intervals. First entry is usually the initial outlay (negative).
—
Extended Internal Rate of Return (XIRR)
Enter each period's net cash flow and a discount rate — Net Present Value tells you how much value the project creates above that hurdle rate; payback period tells you how fast the initial outlay is recovered.
—
Net Present Value (NPV)
—
Simple payback period
—
Discounted payback period
IRR/XIRR/NPV figures are computed from the cash flows you enter and are only as accurate as those inputs. For use in an actual CMA or project appraisal, have the workings reviewed before submission to a lender.
Contact Us
Reach out directly, or leave your details and our team will follow up.
Shashvat Fintech
Chartered Accountant and financial consultancy, Nashik
What would you like help with?
Pick one and we'll start your message for you. You can edit it before sending.
What happens after you send this
- We read your messageA member of the team reviews what you've told us about the project.
- We get in touchBy phone or WhatsApp, on the number you gave us.
- You get a clear next stepThat might be a subsidy check, a loan plan or a list of documents to collect.
Privacy and disclaimer
What we collect, why we collect it and what we do with it, in plain language. Last updated 6 October 2026.
Who we are
This site is run by Shashvat Fintech, a Nashik-based consultancy led by CA Vrushabh Jain. In this notice, "we" and "us" mean Shashvat Fintech.
What we collect
- Subsidy check
- Business name and type, location (district and taluka), project and land details, cost figures, loan requirement, expected jobs, applicant category, MSME status, bank or NBFC loan status, your GST or Udyam number if you choose to enter it, and your mobile number and email.
- Contact form
- Your name, company, phone number, industry and your message.
- Balance transfer calculator
- Your mobile number, to unlock it. If you download the report, we also keep the loan figures you entered.
- Login
- Your mobile number.
- Other calculators
- The EMI, loan freedom, returns and RERA tools run in your browser. We do not receive the numbers you type into them.
Please don't enter Aadhaar or PAN numbers, bank account or card details, or passwords anywhere on this site. We don't need them to prepare an estimate.
Why we use it
To reply to your enquiry, prepare your subsidy or loan estimate, and contact you about it by phone, WhatsApp, SMS or email. We also keep a record of enquiries for our professional files. We don't sell your details and we don't use them for unrelated marketing.
Where it is kept and who sees it
Enquiries are stored in a Google Sheet owned by the firm and are seen only by the people on our team who handle them. The site is hosted with a third-party web hosting provider, and verification codes, once that feature is live, are sent by an SMS provider. These providers process your details only to run those services. We share your details with a bank, NBFC or other party only when you ask us to act with them on your behalf.
How long we keep it
For as long as we need to deal with your enquiry and to keep proper professional records. If you ask us to delete your enquiry, we will, unless the law requires us to keep it.
Your choices
The consent box on each form is how you agree to us using your details for that enquiry. You can withdraw that agreement at any time. You can also ask to see, correct or delete what you've sent us. Message us from the Contact page or on WhatsApp and say what you'd like us to do. We handle personal data in line with applicable Indian law, including the Digital Personal Data Protection Act, 2023.
Cookies and storage
We don't use advertising or tracking cookies, and we don't run analytics on this site. Your browser stores one setting for us: your light or dark theme choice.
Disclaimer
- Figures are indicative. Subsidy, loan, EMI, savings and return figures come from published government policies and the numbers you enter. They are estimates, not a sanction, an approval or a promise of any amount.
- Policies change. Rates, caps and conditions depend on the government resolutions in force when you apply and on the sanctioning authority's decision. Confirm with us before you rely on a figure.
- General information only. Nothing on this site is tax, legal or investment advice for your particular situation. For that, speak to us or to your own adviser.
- No government link. Shashvat Fintech is a private firm. We are not a government body, bank or NBFC, and we do not sanction subsidies or loans.
- Brand tie-ups. Hotel and restaurant brand tie-ups are subject to each brand's own terms and approval.
Changes to this page
If we change this notice, the date at the top of the page changes with it.
Questions
Use the form on the Contact page, or the Call and WhatsApp buttons on this site.