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

It is a land-payment incentive under the Rajasthan Investment Promotion Scheme 2024, administered by the state's Department of Industries and Commerce. Instead of paying for industrial land in one go, a qualifying promoter can pay a quarter of the cost upfront and stagger the rest over ten years. It is designed for the state's biggest proposed projects — those classified as mega or ultra-mega.

You pay 25% of the land cost upfront. The remaining 75% is spread over 10 equal annual instalments, and interest of 8% per annum is charged on the outstanding balance. The exact rupee figures depend on the cost of the land being leased.

Yes. A Bank Guarantee equivalent to 75% of the land cost is required, and it must remain valid for 3 years from the date the land is allotted. This covers the government against the unpaid portion of the land price.

Three conditions apply together: the promoter must be an Eligible Sunrise Enterprise, the project must fall in the mega or ultra-mega category, and the land must be leased from RIICO. If any one of these is missing, the flexible schedule does not apply.

The specific investment and employment thresholds are set out in the main RIPS 2024 policy, not in this incentive itself. In practice the labels describe large industrial or commercial undertakings with substantial capital outlay and significant job-creation potential. Applicants should check the current RIPS 2024 guidelines for the exact numbers.

No. This is a deferred land-payment facility — effectively debt tied to a RIICO lease — so it is non-dilutive. You repay the instalments with interest and your shareholding is unaffected.

Yes. The lease amount payable under this model can be adjusted against subsidy disbursals you are eligible for under other government schemes. That offset lowers the net cash you have to find each year.

No. The model operates on a rolling basis, so there is no fixed closing date and you can apply once your project documentation and RIPS 2024 eligibility are in order.

Applications follow the process laid down for the wider Rajasthan Investment Promotion Scheme 2024, submitted to the designated state department or agency such as RIICO or the Bureau of Investment Promotion. The state's single-window investment portal at https://rajnivesh.rajasthan.gov.in/ is the starting point. You should consult the full RIPS 2024 guidelines for the current submission format and prerequisites.

Expect to submit a detailed project proposal along with a comprehensive business plan, financial projections, the details of your land requirement, and supporting documentation that establishes the scale and economic impact of the project. The proposal must clearly show both your Sunrise Enterprise status and your classification as a mega or ultra-mega project.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Flexible Land Payment Model (Sunrise) Rajasthan — 25% Upfront Land Cost, though having it can strengthen your application and unlock other benefits.

Flexible Land Payment Model (Sunrise) Rajasthan — 25% Upfront Land Cost is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. It is provided as non-dilutive funding.

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.