Flexible Land Payment Model (Sunrise) Rajasthan
By Department of Industries and Commerce, Government of Rajasthan
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
Avail land for mega or ultra-mega projects in Rajasthan with a flexible payment schedule, including 25% upfront and 75% over 10 annual installments at 8% interest.
About this loan
The Flexible Land Payment Model, branded as 'Sunrise', is a crucial incentive under the Rajasthan Investment Promotion Scheme 2024. This program is designed to attract and support large-scale industrial and commercial development within the state by offering a highly advantageous payment structure for land acquisition. It targets 'Eligible Sunrise Enterprises' embarking on 'mega' or 'ultra-mega' projects, aiming to reduce the initial capital outlay required for such ambitious ventures. By easing the financial burden associated with land procurement, the scheme fosters a more conducive environment for significant investments, promoting economic growth and job creation in Rajasthan's key emerging sectors.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
The Industries & Commerce Department is a Government of Rajasthan department based in Jaipur. It runs the Vishwakarma Yuva Udyami Protsahan Yojana, a continuous subsidy for enterprises owned by young entrepreneurs, and it sets out further MSME subsidies and incentives in the…
Learn moreBenefits & Funding
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
Eligible Sunrise Enterprises can avail a flexible land payment model for mega or ultra-mega projects. This includes paying 25% of the land cost upfront, with the remaining 75% distributed equally over 10 annual installments at an interest rate of 8%. A Bank Guarantee equivalent to 75% of the land cost is required for 3 years. The lease amount will be adjusted against any applicable subsidy disbursal, reducing the effective burden.
- Disbursement
- Tranched
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection process for the Flexible Land Payment Model involves a thorough evaluation by a committee comprising representatives from the Government of Rajasthan, potentially including officials from RIICO and the state's investment promotion bodies. This committee will meticulously review applications to verify compliance with all eligibility criteria, particularly the 'Sunrise Enterprise' and 'mega/ultra-mega project' classifications. A detailed technical and financial appraisal of the proposed project will be conducted to assess its viability, economic contribution, and alignment with the state's development objectives. Shortlisted projects may undergo further scrutiny, including site visits or presentations, before final approval for the flexible land payment terms is granted.
Application Process
- 1
Submit Application
Submit a comprehensive application detailing the project, its eligibility under the Sunrise Enterprise category, and its classification as a mega or ultra-mega project.
You - 2
- 3
- 4
- 5
- 6
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the Flexible Land Payment Model (Sunrise)?
This model is an incentive under the Rajasthan Investment Promotion Scheme 2024, designed to offer a flexible payment schedule for land acquisition to eligible large-scale projects. It aims to reduce the upfront capital expenditure for 'Sunrise Enterprises' undertaking 'mega' or 'ultra-mega' projects in Rajasthan.
Which types of projects are considered 'mega' or 'ultra-mega'?
While specific definitions are in the main RIPS 2024 policy, 'mega' and 'ultra-mega' projects generally refer to investments of substantial capital outlay and employment generation potential, indicating large industrial or commercial undertakings.
What are the primary financial terms of this payment model?
Beneficiaries are required to pay 25% of the land cost upfront. The remaining 75% of the land cost is then distributed equally across 10 annual installments, with an 8% annual interest rate applied to the outstanding balance.
Is there any security required for the deferred payment?
Yes, applicants must provide a Bank Guarantee equivalent to 75% of the total land cost, which remains valid for a period of 3 years from the date of land allotment.
How does this model interact with other government subsidies?
The annual lease amount that is payable as part of this flexible payment model may be adjusted against other applicable subsidy disbursals that the enterprise might be eligible for under various government schemes, potentially reducing the net financial outflow.
Who is the land leased from under this scheme?
The land for projects availing this payment model must be leased from the Rajasthan State Industrial Development and Investment Corporation (RIICO), a government agency responsible for industrial infrastructure development.
Sources
Data on this page is compiled from official program and provider references.
