Rajasthan Plots Leasing Model for Sitapura Plug-And-Play Park
27 Jun 2025 CW Team
The Rajasthan government is weighing three allotment formats—fixed monthly rent, fixed long- or short-term lease and e-auction—for its new plug-and-play industrial complex at Sitapura SEZ-II, Jaipur. The three-storey “flatted factory” scheme, built by Rajasthan State Industrial Development and Investment Corporation (RIICO), offers 33 pre-built units of 1,030 sq ft, 1,260 sq ft and 1,360 sq ft complete with power, water, internet and shared amenities such as parking, a conference hall, bank, canteen and reception.
Officials say leases will run for at least 30 years with scope for extension, mirroring models used in Uttar Pradesh, Tamil Nadu and Telangana. The aim is to give start-ups and micro, small and medium enterprises access to fully serviced space without heavy upfront land costs, helping them scale quickly and become self-reliant.
Buoyed by the first project’s completion, RIICO plans similar flatted factories at Bichoon and Bhiwadi. The facilities will be showcased at the “Rising Rajasthan: Partnership Conclave 2025” in Jaipur on 11-12 December, where the state will highlight swift implementation of investment pledges and pitch its latest business-friendly reforms.