Rajasthan is India's strongest market for heritage hotel conversions. RTUP 2025 combined with RIPS 2024 offers stamp duty relief, double FAR without betterment levy, and a choice between 10–20% capital subsidy or 75% SGST reimbursement for up to 10 years.
Heritage hotel qualification rules
- Building constructed before 1 January 1950
- Rajasthan Heritage Policy certification required
- New construction capped at 50% of total built-up area
- Original architecture must be preserved
- RTUP registration before RIPS benefit election
Capital subsidy or SGST — which to elect
RTUP units must choose RIPS Option I (75% SGST reimbursement) OR Option II (capital subsidy over 10 years). High-FCI palace conversions with strong room revenue often favour SGST; smaller haveli projects with heavy capex may favour capital subsidy.
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