How is land rent determined?
Currently, RAC charges a fixed monthly rent, and the rate is based on an approved Rate Book.
Currently, RAC charges a fixed monthly rent, and the rate is based on an approved Rate Book.
Development proposals are assessed based on feasibility, compliance, benefits to RAC and long-term potential.
Yes. RAC encourages green and sustainability-based development proposals.
Yes. RAC accepts land development proposals under strategic partnerships or profit-sharing models.
Yes. Short-term leasing is allowed, subject to approval and compliance with set regulations.
Subleasing is not allowed unless clearly stated in the agreement with RAC.
Generally, applicants need to submit an official application letter along with a proposal, business profile, and financial statements.
RAC prioritizes logistics, agriculture, EV infrastructure, commercial and transit-oriented development.
The land size ranges from 100 square feet to 10 acres.
Some areas/land have infrastructure, but a site visit is recommended to get a real picture.