"The bill has been readied," Heptullah told reporters here.
Asked about large-scale encroachment on Waqf properties in Bhopal, she said, "If the community members start protests under a public movement, I am ready to join them to free the Waqf properties from encroachments."
She said these lands can be freed through a 'Gandhian' movement.
The Waqf Board has huge properties across India, spread over six lakh acres in all, the Union Minister said.
The Narendra Modi government has increased budgetary allocation for minority welfare, she said, adding scholarships for students from the minority communities had been increased by 25 per cent.
Earlier, Heptullah inaugurated a gathering of women writers here. She also attended a programme under 'Gram Uday se Bharat Uday' campaign at Fanda village in the district, which she has adopted as an MP.