IndustryLatest Stories

TDR for Reserved Land Amenities in Nashik City

NASHIK: The Nashik Municipal Corporation (NMC) is set to permit landowners to develop amenities on reserved land in exchange for Transfer of Development Rights (TDR). This initiative aims to enhance the creation of public facilities while compensating property owners. Under this proposal, landowners who develop amenities on their reserved plots can receive TDR, contingent upon securing approval from the planning authority. This measure aligns with the Unified Development Control Promotions and Regulations (DCPR), a statewide policy enacted by the Maharashtra government in December 2020. To manage this process, the civic body’s general body has recently approved the establishment of a…

Latest StoriesRegulatory

Nashik Civic Body Gathers ₹100 Crore in Property Tax Q2

NASHIK: The Nashik Municipal Corporation (NMC) achieved a property tax collection of Rs 100 crore in the April-June quarter of the 2025-26 financial year, a slight decline from the Rs 106 crore collected in the same period last year. Officials credit the collection to rebates of 6-8% for early tax payments. NMC offers various rebates for timely property tax payments: an 8% discount for payments made in April-May, 6% for June, and 3% for July, with the incentive program ending on July 31. Additionally, a 1% concession is available for online payments. Last year, NMC informed taxpayers through messages about…

InfrastructureLatest Stories

Nashik to Establish Urban Design Cell for Better City Planning

Nashik’s New Urban Design Initiative NASHIK: In an effort to enhance the city’s infrastructure and environment, the municipal corporation has announced the establishment of a new urban design cell. This initiative aims to uphold Nashik’s aesthetic values while improving urban planning and design. The cell will focus on various urban development aspects, including mapping infrastructure, promoting walkability, and creating plans for better urban spaces. Climate action will be a key component of this initiative. The urban design cell will be led by Municipal Commissioner Manisha Khatri and will include notable members such as: The Deputy Director of Town Planning City…

Latest StoriesRegulatory

Probe Launched into TDR Scam on Deolali Reserved Land

NASHIK: On Thursday, Ram Shinde, chairman of the Maharashtra Legislative Council, ordered the civic and district administration to investigate a purported Transfer of Development Rights (TDR) scam concerning land acquisition for public amenities in Deolali, Nashik. He requested a report be submitted within 15 days. The directive followed a meeting with relevant officials after a complaint surfaced that the Nashik Municipal Corporation granted TDR certificates to a landowner at rates surpassing the government’s market value in return for land at Survey No. 295 in Deolali, which is earmarked for a garden, school, and an 18m DP Road. This meeting occurred…