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Business
RIICO Land Auctions in Rajasthan Generate ₹569 Crore from 128 Investors
✍️ Business Standard
🗓 05 Oct 2026, 07:36 PM
👁 12
The Rajasthan State Industrial Development and Investment Corporation (RIICO) has successfully concluded its land auctions, securing ₹569 crore from 128 investors.
The Rajasthan State Industrial Development and Investment Corporation (RIICO) has announced the successful completion of its recent land auctions. The state-owned corporation managed to generate a total revenue of ₹569 crore through these sales.
According to the reports, 128 investors participated in the bidding process and secured the allotted plots. This transaction highlights the continued interest from the private sector in industrial and commercial land within the state.
The funds raised from these auctions are expected to contribute to the state's industrial infrastructure development goals. RIICO plays a pivotal role in providing land to industries, thereby supporting economic growth in Rajasthan.
According to the reports, 128 investors participated in the bidding process and secured the allotted plots. This transaction highlights the continued interest from the private sector in industrial and commercial land within the state.
The funds raised from these auctions are expected to contribute to the state's industrial infrastructure development goals. RIICO plays a pivotal role in providing land to industries, thereby supporting economic growth in Rajasthan.