Industrial plots in Jaipur and six other Rajasthan regions are being offered through a new RIICO e-auction, with earnest money deposits due by September 25, 2026 and online bidding scheduled from September 28 to 30.
The auction covers undeveloped and semi-developed plots for different categories of use. RIICO has also clarified how the premium will be calculated when leases for such plots come up for renewal after their initial 33-year term.
- Application deadline: submit the online application and EMD by September 25.
- Online bidding: bids will be held from September 28 to 30.
- Jaipur site: Daulatpura is among the industrial areas in the auction.
- Renewal premium: 10% of the allotment rate prevailing in the industrial area at the time of renewal.
Industrial areas included in the e-auction
The auction spans sites in Jaipur, Bhiwadi, Bikaner, Dausa, Kota, Rajsamand and Udaipur. The named industrial areas are:
| Region | Industrial area or location |
|---|---|
| Jaipur | Daulatpura |
| Bhiwadi | Rabdka |
| Bikaner | Jodbeed |
| Dausa | Jairampura; Industrial and Logistics Hub Dausa-Bandikui |
| Kota | Kasar |
| Rajsamand | Tanaja Ka Bansa |
| Udaipur | Mal Ki Toos; Pipad |
Applicants can deposit the EMD and submit their online applications until September 25. The online bid window then runs for three days, from September 28 through September 30.
Plot-specific details such as permitted category, size, EMD amount and applicable auction terms were not included in the announcement, so prospective bidders will need to verify those particulars in the relevant auction listing before applying.
How the lease renewal premium will work
RIICO's policy provides an initial lease term of 33 years, followed by the possibility of two further renewal periods of 33 years each. The policy previously did not state a clear fee or premium formula for those renewal periods.
Under the amended rule, both the first and second 33-year renewals will require a land premium equal to 10% of the allotment rate prevailing in the relevant industrial area when the renewal takes place. This means the eventual renewal amount will depend on the allotment rate in force at that future date.
| Lease stage | Provision |
|---|---|
| Initial term | 33 years |
| First renewal | 33 years, subject to conditions and the 10% premium |
| Second renewal | Another 33 years, subject to conditions and the 10% premium |
| Premium basis | Prevailing allotment rate for the industrial area at the time of renewal |
Renewal remains subject to compliance
Payment of the premium alone will not guarantee a renewal. The allottee must have no outstanding dues or lease violations, and the project or activity must have started and been completed within the timeframe set by the original allotment conditions.
The land must also continue to be used only for its designated purpose. These conditions are intended to provide a clearer long-term framework while keeping renewal linked to compliance and productive industrial use.
For Jaipur businesses, the immediate opportunity is the Daulatpura auction. The policy amendment is the longer-term change, giving industrial allottees a defined method for anticipating renewal costs even though the final amount will depend on future allotment rates.
