Flexible Land Payment Model (Sunrise) Rajasthan — 25% Upfront Land Cost

The Flexible Land Payment Model, branded Sunrise, is one of the incentives offered under the Rajasthan Investment Promotion Scheme 2024. It is run by the state's Department of Industries and Commerce and it changes the way a large industrial or commercial venture settles the bill for the land it needs.

Rather than financing a full land purchase at the outset, the model lets a qualifying promoter spread the cost across a decade. Structurally this is a debt-style facility, not an equity investment — the state does not take a stake in the business, and the deferred portion is repaid with interest.

The offer is reserved for the very largest projects in the state's pipeline, the ones RIPS 2024 classifies as mega or ultra-mega, and whose promoters qualify as Eligible Sunrise Enterprises. The land itself has to be leased from RIICO, Rajasthan's industrial infrastructure agency.

The stated aim is to reduce the initial capital outlay that land procurement would otherwise demand, freeing up money for plant, machinery and operations. Rajasthan positions the model as a way to pull in significant investment and generate employment in emerging sectors.

There is no fixed application window. The facility runs on a rolling basis, so a promoter can approach it whenever the project is ready.

• A RIPS 2024 incentive for mega and ultra-mega projects in Rajasthan
• Pay only 25% of the RIICO land cost upfront
• Balance 75% in 10 equal annual instalments at 8% interest
• Bank Guarantee covering 75% of land cost, valid for 3 years
• Lease amount can be adjusted against other subsidy disbursals
• Rolling applications — no fixed deadline

The model is open to promoters whose project satisfies all three of the following conditions.

• The project must be classified as a mega or ultra-mega project under the scheme's yardstick. The published definitions and any investment or employment thresholds sit in the main RIPS 2024 guidelines rather than in this incentive.
• The promoter must be an Eligible Sunrise Enterprise, a status conferred under the Rajasthan Investment Promotion Scheme 2024.
• The land must be leased from RIICO, the Rajasthan State Industrial Development and Investment Corporation.

Because the offering is an incentive under RIPS 2024, an applicant is expected to go through the same channel and documentation as the parent scheme. The exact qualifying thresholds for the mega and ultra-mega brackets, and the precise definition of a Sunrise Enterprise, should be confirmed against the current RIPS 2024 policy text before applying.

Flexible Land Payment Model (Sunrise) Rajasthan — 25% Upfront Land Cost is open to startups at any stage. It is open to startups registered anywhere in India.

Flexible Land Payment Model (Sunrise) Rajasthan — 25% Upfront Land Cost accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

The benefit is not a grant or a loan payout — it is a restructured payment schedule for the land a large project leases from RIICO.

• 25% of the land cost is paid upfront.
• The balance 75% is divided into 10 equal annual instalments, carrying 8% annual interest on the amount outstanding.
• A Bank Guarantee equal to 75% of the land cost must be furnished as security for the deferred portion.
• That guarantee has to stay valid for 3 years from the date the land is allotted.

There is an additional cushion. The lease amount payable under this model can be set off against subsidy disbursals the enterprise is entitled to under other government schemes, which reduces the effective cash outflow.

Since the structure is a deferred land payment tied to a RIICO lease, the promoter keeps full ownership of the business — no equity is diluted. The rupee value of the benefit varies from project to project, because it scales with the cost of the land involved.

Flexible Land Payment Model (Sunrise) Rajasthan — 25% Upfront Land Cost is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. As a government-backed debt / loan, it is publicly funded and open to eligible startups across India.

Applications are assessed by a committee drawn from the Government of Rajasthan, which may include officers from RIICO and the state's investment promotion bodies.

The committee's first job is verification. It checks that the promoter genuinely qualifies as an Eligible Sunrise Enterprise and that the proposal actually sits in the mega or ultra-mega project category.

A detailed technical and financial appraisal follows. Here the panel weighs the project's viability, its expected economic contribution and how well it aligns with the state's development objectives.

Projects that clear this stage may face further scrutiny, including site visits or presentations, before final approval of the flexible land payment terms is granted.

Before you apply to Flexible Land Payment Model (Sunrise) Rajasthan — 25% Upfront Land Cost, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.