Rajasthan Office-Space Lease Rental Subsidy
By Department of Industries and Commerce, Government of Rajasthan
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Quick Answer
Eligible Services Enterprises can claim a 25% subsidy on office-space lease rentals for 5 years, up to ₹1 crore annually, under the Rajasthan Investment Promotion Scheme 2024.
About this subsidy
The Office-Space Lease Rental Subsidy (Services) is a key incentive under the Rajasthan Investment Promotion Scheme (RIPS) 2024, designed to attract and support services enterprises making new investments in the state. This initiative aims to significantly reduce the operational burden on businesses by subsidizing a portion of their lease rental costs for office spaces. By providing direct financial relief, the Government of Rajasthan seeks to foster a more conducive environment for economic growth, job creation, and the expansion of the services sector. The subsidy encourages businesses to establish or expand their operations within Rajasthan, contributing to the state's industrial development and positioning it as an attractive destination for diverse service-based industries.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy 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
- Amount
- Up to ₹5Cr
What You Get
Eligible services enterprises can receive a 25% subsidy on their office-space lease rentals for a substantial period of 5 years. This significant financial incentive is capped at a maximum of ₹1 crore per annum (₹10,000,000), providing substantial relief and reducing the overall burn rate for new ventures. The subsidy is disbursed as a reimbursement, allowing enterprises to preserve capital, which can then be reinvested into core business activities, talent acquisition, or market expansion. This direct financial support is instrumental in bolstering the sustainability and growth prospects of services businesses within Rajasthan, making it an attractive proposition for entrepreneurs and investors alike.
- Disbursement
- Reimbursement
- Duration
- 61 months
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection process for the Office-Space Lease Rental Subsidy involves a thorough evaluation by a competent authority, typically comprising officials from the Department of Industries and other relevant state departments. Applications are screened for adherence to the specific eligibility conditions for 'Eligible Services Enterprises' and verification of 'new investment' as defined under the Rajasthan Investment Promotion Scheme 2024. This includes assessing the nature of the service enterprise, the quantum and impact of the new investment, and the validity of the lease agreements. The committee will ensure that all statutory and policy requirements are met before approving the subsidy, aiming to support enterprises that significantly contribute to the state's economic development and employment generation.
Application Process
- 1
Apply Online/Offline
Submit the application form with all required documentation through the state's official channel.
You - 2
- 3
How to apply
Four steps from draft to disbursement — one action each.
- 1
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.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
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 primary objective of the Office-Space Lease Rental Subsidy?
The subsidy aims to attract and support services enterprises making new investments in Rajasthan by reducing their operational costs through subsidized office-space lease rentals, thereby promoting economic growth and job creation in the state.
Which types of entities are eligible for this subsidy?
The subsidy is specifically available to "Eligible Services Enterprises" that are making a new investment within Rajasthan. This generally includes all legally registered business entities operating in the services sector.
What is the quantum of financial support offered?
Beneficiaries receive a 25% subsidy on their lease rentals for a period of up to 5 years. This benefit is capped at a maximum of ₹1 crore (₹10,000,000) per annum.
How is the subsidy disbursed to the eligible enterprises?
The subsidy is provided as a reimbursement against the verified lease rental expenses incurred by the eligible services enterprise, typically paid out on a periodic basis as defined by the scheme's guidelines.
Is there a fixed application deadline for this program?
As an incentive under the Rajasthan Investment Promotion Scheme 2024, the subsidy operates on a rolling basis without a fixed application deadline, allowing eligible businesses to apply as they make new investments.
Does this subsidy require any equity dilution from the applying company?
No, this is a financial subsidy provided by the state government and does not involve any equity stake or dilution from the applying services enterprise. It is entirely equity-free.
What constitutes "new investment" for the purpose of this subsidy?
While specific definitions are in the detailed RIPS 2024 document, "new investment" generally refers to fresh capital expenditure, setting up new facilities, or expanding existing operations in Rajasthan that lead to increased employment and economic activity in the services sector.
Sources
Data on this page is compiled from official program and provider references.
