Sarkari Yojana
Shahari Waqf Sampatti Vikas Yojana
About Shahari Waqf Sampatti Vikas Yojana
Shahari Waqf Sampatti Vikas Yojana has been run by the Central Waqf Council since 1974–75, backed financially by the Ministry of Minority Affairs, Government of India. Its purpose is to shore up the finances of Waqf institutions and Boards by growing their resource base, safeguarding vacant Waqf land from encroachment, and enabling commercially viable construction on such land so that the income generated can fund welfare activities.
Scheme Overview
Central Government
Ministry Of Minority Affairs
Central Waqf Council
01 Apr 1974
Scheme Details
Eligibility Requirements
To qualify for Shahari Waqf Sampatti Vikas Yojana, applicants must satisfy the following conditions:
Any Waqf Board (WB) or registered Waqf institution…
Any Waqf Board (WB) or registered Waqf institution that holds full possession of the property proposed for development, and which the Central Waqf Council (CWC) considers solvent and otherwise suitable, qualifies for an interest-free loan.
Loans under the scheme are available only for…
Loans under the scheme are available only for developing Waqf properties situated in urban areas.
Interest-free loans or grants-in-aid may be extended to…
Interest-free loans or grants-in-aid may be extended to WBs and Waqf institutions, in the public interest, for specific development projects or approved non-commercial purposes. Note 1: Loan assistance under the scheme covers construction or reconstruction of commercially viable buildings or projects on Waqf land. WBs and Waqf institutions are expected to use the resulting additional income to strengthen their finances and broaden their welfare and charitable work, ultimately contributing to wider social progress. Note 2: 'Urban Area' refers to any property falling within the jurisdiction of a Municipality (by whatever name — Municipality, Municipal Corporation, Notified Area Committee, Town Area Committee, or Town Committee) or a Cantonment Board, and also includes land within 8 kilometres of such a Municipality or Cantonment Board's limits, where the Central or State Government has notified this in the Official Gazette after considering the area's urbanisation potential.
Benefits Provided
Shahari Waqf Sampatti Vikas Yojana provides the following benefits to eligible applicants:
Interest-Free Loan Support
Interest-Free Loan Support: Interest-free loans of up to ₹2,00,00,000/- or 75% of the project cost (excluding land cost), whichever amount is lower, are available.
Loan Assistance for Infrastructure Development: Financial backing is channelled through State Waqf Boards to build commercially viable ventures — commercial complexes, marriage halls, hospitals, cold storage units — on Waqf land.
Grant-in-Aid for Social Projects: Grants-in-aid, subject to the Ministry's prior approval, are available for social development projects on Waqf properties.
Documents Required
Applicants should keep the following documents ready before starting the application:
A site plan of the land proposed for…
A site plan of the land proposed for development, marking out its boundaries.
A construction plan drawn up by a qualified…
A construction plan drawn up by a qualified Engineer/Architect and duly approved by the Municipal/competent authority, or an alternative plan prepared by experts.
An item-wise estimate of the construction cost or…
An item-wise estimate of the construction cost or other relevant costs.
A statement demonstrating the scheme's profitability
A statement demonstrating the scheme's profitability.
A market-value statement for the Waqf property to…
A market-value statement for the Waqf property to be developed, prepared by an Approved Valuer or Revenue Authority.
Ownership documents such as the Waqf deed, revenue…
Ownership documents such as the Waqf deed, revenue and municipal records, and the Board's Waqf register, establishing the borrower's title over the property.
A non-encumbrance certificate from the competent authority or…
A non-encumbrance certificate from the competent authority or the State Waqf Board concerned.
Any other documents that may be required
Any other documents that may be required.
1974-04-01
How to Apply
Offline Application
Applicants can apply for Shahari Waqf Sampatti Vikas Yojana through the offline application process outlined below.
Application Process:
The agency seeking a loan under the scheme…
The agency seeking a loan under the scheme must apply to the concerned Waqf Board (WB) on the prescribed application form, furnishing all the necessary details.
The form can be downloaded from the official…
The form can be downloaded from the official website or collected from the relevant Waqf Board office; all required fields should be filled in accurately.
The completed form, along with the supporting documents,…
The completed form, along with the supporting documents, should be sent to: To, The Secretary, Central Waqf Council, Central Waqf Bhawan, P-13 & 14, Sector-6, Pushp Vihar, Opposite Family Court, Saket, New Delhi – 110017 Post-Application Process:
The WB examines the application and assesses the…
The WB examines the application and assesses the project's feasibility from every angle; applications found eligible are forwarded to the Central Waqf Council (CWC) for consideration.
A Screening Committee at CWC examines the application,…
A Screening Committee at CWC examines the application, and its report is placed before the Waqf Development Committee (WDC), which recommends the case for the CWC Chairman's approval.
CWC disburses the sanctioned loan amount following the…
CWC disburses the sanctioned loan amount following the procedure and provisions of the General Financial Rules (GFR) notified by the Ministry of Finance.
Loans exceeding ₹75 Lakh are released in instalments…
Loans exceeding ₹75 Lakh are released in instalments to applicants for whom the Ministry has released funds as grant-in-aid, while loans of ₹75 Lakh or less are paid out in instalments from the revolving fund built up through repayments of earlier loans.
The first instalment, up to 50% of the…
The first instalment, up to 50% of the loan, is released once the loanee institution submits the required documents in line with GFR provisions; the balance is released in further instalments after the UC and a satisfactory progress report are received.
Notes:
Approved projects require the WB/Waqf institution to execute a loan agreement, with security furnished through a Memorandum of Deposit of Title Deed, a State Government Guarantee, a Bank Guarantee, or a State Waqf Board Guarantee; and
CWC charges 8% of the disbursed loan amount as an administrative processing fee for every approved project, which the WB/Waqf institution must deposit in advance before the loan is released.
After the Ministry releases the grant-in-aid, CWC is responsible for ensuring compliance with GFR provisions and all other applicable Government of India orders, instructions, notifications and guidelines relating to loan release and recovery.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.