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Maharashtra Fortune 500 Land Subsidy — ₹1 per Acre Industrial Land — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about Maharashtra Fortune 500 Land Subsidy — ₹1 per Acre Industrial Land — who qualifies, the funding amount, required documents and how the application works.

Frequently asked questions

How much does the Maharashtra Fortune 500 Land Subsidy actually give?

It is not a cash grant. The state makes industrial land available at ₹1 per acre, subject to a ceiling of 50 acres and restricted to one unit in each district. The real value lies in the difference between that nominal price and the market rate for comparable land in the 12 emerging Zone I districts.

Which companies are eligible to apply?

Companies that appear on a recognised global list — Fortune 500, Forbes Global 2000, FT Global 500 or ET-500 — or that carry a market capitalisation of at least one billion USD. Alongside that scale, an applicant must commit to creating at least 1,000 direct jobs, show that the project will contribute to regional development and skill enhancement, and demonstrate strategic importance to Maharashtra.

Where in Maharashtra can the subsidised land be taken up?

Only in the 12 emerging districts that fall within Zone I of Maharashtra. These districts were identified because their per capita income sits below the national average.

How much land can a single company get?

A maximum of 50 acres. The benefit is also limited to one unit in any given district, so a company cannot stack multiple units within the same district.

Is there a job creation requirement?

Yes. A commitment to at least 1,000 direct jobs is a core condition of eligibility. That employment commitment is also written into the formal agreement executed at the land allocation stage.

Does the state take equity in the company in return?

No. This is a land subsidy, not an equity investment. The state does not take shares or a stake in the business — it transfers land at a subsidised price, and the company retains full ownership of its operations.

What is the application deadline?

There is none. The scheme is rolling and always open, so companies can apply at any point during the year rather than waiting for a fixed window.

How and where does a company apply?

Applications are routed through MAITRI, the state's single-window facilitation system for industrial investment. Companies can submit an Expression of Interest and then a detailed proposal on the MAITRI portal at https://maitri.maharashtra.gov.in/login, or make an initial inquiry directly to the Department of Industries, Government of Maharashtra.

Who evaluates the proposal and on what basis?

A committee of senior officials from the State Government of Maharashtra together with MAITRI reviews each application. It looks at the company's global standing, the scale of investment, the project's strategic importance, the 1,000 direct job commitment, potential for regional development, skill enhancement contributions and overall alignment with Maharashtra's industrial policy. High-impact proposals receive priority.

What should the detailed project proposal contain?

It should set out the project's scope, the investment outlay, projected job creation with the 1,000 direct job minimum highlighted, an estimated timeline, the contribution to regional development, skill enhancement plans and the strategic importance of the project to Maharashtra. MAITRI then guides the applicant through the required documentation and clearances while the state carries out due diligence ahead of the committee review.

Is DPIIT recognition required for Maharashtra Fortune 500 Land Subsidy — ₹1 per Acre Industrial Land?

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Maharashtra Fortune 500 Land Subsidy — ₹1 per Acre Industrial Land, though having it can strengthen your application and unlock other benefits.

Who offers Maharashtra Fortune 500 Land Subsidy — ₹1 per Acre Industrial Land?

Maharashtra Fortune 500 Land Subsidy — ₹1 per Acre Industrial Land is offered by Directorate of Industries, Government of Maharashtra, a government body. It is provided as non-dilutive funding.

How do I apply for Maharashtra Fortune 500 Land Subsidy — ₹1 per Acre Industrial Land?

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.

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