The Finance Department, Government of Rajasthan, on February 11, 2026, issued an amendment regarding the rates for assessment of the market value of the following categories of land.
The following have been stated namely:-
• Rates of land for industrial purposes:- Rates of industrial land in the RIICO industrial area or land converted for industrial purposes or agricultural land being used for industrial purposes shall be,-
(i) equal to the rates determined by RIICO in the RIICO Industrial Area; and
(ii) equal to three times the rates of agricultural land of that area in other cases, but if such rates are more than the rates determined by RIICO in the nearest RIICO Industrial Area, then equal to the rates determined by RIICO in that nearest RIICO Industrial Area.
• Rates of land for institutional, residential and commercial purposes in the RIICO Industrial Area. Rates of institutional, residential and commercial land in the RIICO Industrial Area shall be-
(i) equal to the rates of industrial land determined by RIICO in case of institutional land;
(ii) equal to two times the rates of industrial land determined by RIICO in case of residential land; and
(iii) equal to four times the rates of industrial land determined by RIICO in the case of commercial land.
