JAIPUR: The Rajasthan State Industrial Development and Investment Corporation (RIICO) has launched the sixth phase of its direct allotment scheme for investors who have signed MoUs with the state government as part of the Rising Rajasthan Global Investment Summit. The application window will remain open until October 14 for MoU holders to apply for industrial plots.
In this phase, RIICO is offering 6,000 industrial plots across 100 industrial areas, with special reservations for entrepreneurs from SC/ST, women, ex-servicemen, and persons with disabilities.
During the previous phase in September, RIICO received 322 applications for 224 plots, with significant interest shown in Kunj Beiharipura (Jaipur), Boranada Extension, and Malsisar (Jhunjhunu). Overall, RIICO has received 1,450 applications for 990 plots so far, with 707 plots allotted and 213 currently in process.
For plots up to 50,000 square meters, direct allotment will occur if there is only one applicant. If multiple applicants are vying for the same plot, an e-lottery will take place on October 19. Allotments for plots larger than 50,000 square meters will depend on eligibility and land requirements. Applicants are required to deposit 5% of the total premium as an Earnest Money Deposit (EMD) with their online application, as stipulated in the scheme.
RIICO has emphasized that plots must be registered in the applicant’s name as specified in the MoU, urging investors to be meticulous during the online registration process.
