Tag: Nashik Municipal Corporation

IndustryLatest Stories

Nashik body moves to cancel 26 layouts tied to MHADA scam

NASHIK: The civic authority has initiated steps to revoke 26 preliminary layouts in the initial phase of actions related to the MHADA housing scam, following the police booking of 197 individuals and the establishment of a state-appointed special investigation team to probe the matter. Officials from the Nashik Municipal Corporation’s (NMC) town planning department indicated that this action was prompted by reports from the land records survey department, which revealed that the tentative layout maps were absent from the department’s official base maps. “The cancellation process for all 26 layouts will begin and is expected to be completed within the…

InfrastructureLatest Stories

Nashik to Launch Drive for Rainwater Harvesting Checks

NASHIK: The Nashik Municipal Corporation (NMC) is set to launch an inspection drive to verify the functionality of rainwater harvesting systems across the city. In line with current regulations, the installation of rainwater harvesting systems is compulsory for all buildings, both residential and commercial, on plots of 500 sqm or larger. Mayor Himgauri Aher emphasized this directive during a recent planning department meeting aimed at assessing the effectiveness of rainwater harvesting for groundwater replenishment. During the meeting, officials reviewed the enforcement of the mandatory rainwater harvesting requirement for buildings exceeding 500 sqm and evaluated the operational status of existing systems.…

IndustryLatest Stories

SIT to Probe EWS Quota Violation in Nashik: Maharashtra Minister

Nashik: Revenue Minister Chandrashekhar Bawankule announced on Saturday that the state government will soon establish a Special Investigation Team (SIT) consisting of one IPS and two IAS officers to investigate allegations against 197 developers in Nashik. These developers reportedly evaded the mandatory 20% reservation for economically weaker sections by unlawfully splitting large landholdings into smaller plots. Bawankule revealed that numerous builders, developers, and government officials are suspected of colluding to illegally divide large land parcels to keep the total development area below 4,000 sqm, thereby circumventing the EWS reservation requirement. “Upon reviewing the case’s gravity, it seems evident that there…

Latest StoriesResidential

Nashik Offers 8% Property Tax Rebate for April 2026 Payments

NASHIK: The Nashik Municipal Corporation (NMC) has introduced an 8% rebate for taxpayers who settle their annual property tax in one installment during April. This initiative aims to encourage prompt payments and enhance revenue collection. Civic officials noted that this incentive mirrors last year’s program, which offered rebates of 3%-8% in April and June. The earlier initiative helped the NMC garner over Rs 100 crore in property tax within the first three months of the 2025-26 fiscal year. Additionally, those who opt for online payment will receive a further 1% rebate, resulting in a total benefit of nearly 9% for…

Latest StoriesRegulatory

Nashik’s property tax revenue rises 10% to ₹287 crore

NASHIK: The Nashik Municipal Corporation (NMC) has reported a 10% increase in property tax collection for the financial year 2025-26, achieving a record revenue of Rs 287 crore, compared to Rs 257 crore in the previous year. This marks the highest property tax collection in the NMC’s history, which spans over four decades. Civic officials attribute this revenue surge to various factors, including amnesty schemes, incentives for timely payments, and a steady rise in registered properties in the city. Of the six divisions, Cidco led with Rs 59 crore in property tax, followed closely by Panchavati at Rs 58 crore.…

IndustryLatest Stories

16,000 Old Properties in Nashik Redeveloped in 7 Years

NASHIK: Redevelopment in Nashik has gained significant traction over the past few years, with more than 16,000 old properties demolished and redeveloped in just seven years, according to data from the Nashik Municipal Corporation (NMC). According to NMC, a total of 29,222 properties have been redeveloped in the last two decades. The last seven years alone saw 16,000 older properties being modernized, reflecting a notable upsurge in construction activities as both residents and developers choose to replace outdated structures with new ones, featuring advanced amenities. An annual average of about 2,500 structures, mainly old houses, bungalows, and small residential buildings,…

Latest StoriesRegulatory

Nashik Builder Arrested for EWS Quota Violations in 49 Projects

NASHIK: The Sarkarwada police have arrested a developer in connection with a cheating case involving 197 landlords, builders, and developers. They are accused of circumventing the mandatory 20% reservation for the Economically Weaker Section (EWS) in residential projects that exceed 4,000 sq m. The developer, associated with a project in Nashik city, was summoned for questioning on Monday and subsequently taken into custody. The court has remanded him to police detention until March 20. Senior officials from the Sarkarwada police station indicated they received a list of 197 individuals from the Nashik Municipal Corporation (NMC) and the tehsil office, connected…

Latest StoriesRegulatory

Cheating Case Filed Against 150+ Landowners in Nashik

NASHIK: The Sarkarwada police have registered a cheating case involving over 150 landowners and developers. They are accused of neglecting the mandatory 20% reservation for economically weaker section (EWS) housing in residential projects exceeding 4,000sqm. The complaint was filed on March 7 by an officer from the land records department, stemming from an inquiry initiated by a committee led by the additional district collector. This investigation aimed to confirm whether developers were complying with government regulations requiring that 20% of land in projects larger than 4,000sqm be set aside for EWS housing, as stated in state housing policies from 2013…

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Nashik Adds 30,000 Properties to Tax Roll

NASHIK: The municipal authority has brought approximately 30,000 new properties into the tax system for this financial year. The total registered properties under the Nashik Municipal Corporation have now exceeded 600,000. A civic official indicated that property tax has been applied to these newly identified properties from the current fiscal period. “Property owners have also been requested to pay tax for a minimum of the past two financial years, or from the year construction commenced,” the official stated. “This retrospective assessment has enabled the Nashik Municipal Corporation to generate an additional Rs 30 crore over the past two years. With…

IndustryLatest Stories

Nashik: NMC Requires 50:50 Premium FSI & TDR for Faster Land Deals

NASHIK: The local municipality has mandated developers to utilize premium floor space index (FSI) and transfer of development rights (TDR) in an equal 50:50 ratio for all construction projects under the 2020 Development Control and Promotion Regulations. This initiative aims to revitalize the declining demand for TDR while ensuring fair compensation for landowners. The directive was issued by municipal commissioner Manisha Khatri. The move comes in response to a drop in TDR rates in recent years, leading to disappointment among landowners and hindering the acquisition of land designated for public amenities in the city’s development blueprint. Under the TDR system,…