Rajasthan Plots Leasing Model for Sitapura Plug-And-Play Park
ECONOMY & POLICY

Rajasthan Plots Leasing Model for Sitapura Plug-And-Play Park

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code