Tag: Nashik

InfrastructureLatest Stories

Maharashtra to Speed Up Land Surveys Using Private Firms

Representative Image NAGPUR: The Maharashtra government has announced a comprehensive revamp of land survey procedures, employing trained and licensed private surveyors in every district. This initiative aims to address the growing backlog and expedite development approvals. Revenue Minister Chandrashekhar Bawankule revealed the decision following a meeting with Chief Minister Devendra Fadnavis. The reform is intended to ensure the “accurate, timely, quality, and transparent” handling of land measurement cases. Consequently, an official government order outlining the operational framework has been issued. Under the revised system, land surveys will adhere to pre-determined schedules, with advance notices issued by the deputy superintendent of…

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: 439 Issued Notices for Plot Sub-Division Issues

Representative AI image NASHIK: The Nashik office of the assistant collector and sub-divisional officer (SDO) has issued revision notices to 439 individuals connected to 49 disputed land transactions, invoking Section 257 of the Maharashtra Land Revenue Code (MLRC), 1966. This action follows a revision application from the Nashik tehsildar, which has asked landholders to provide valid documentation for the alleged sub-division of their plots. These notices, dated March 18 and signed by naib tehsildar Jitendra Dhanrale, pertain to properties across various areas including Adgaon, Deolali, Wadner Dumala, Panchak, Mhasrul, Nandur Dasak, Gangapur, and Chincholi. According to additional tahsildar Amol Nikam,…

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…

IndustryLatest Stories

MHADA to Accelerate Redevelopment in Mumbai, Pune, Nashik

Sure! Here’s a rewritten version of the content: NEW DELHI: Redevelopment and brownfield projects in prime urban locations have significantly boosted the real estate sector in Maharashtra over the last two years, as stated by Anil Wankhede, Deputy CEO of the Maharashtra Housing and Area Development Authority (MHADA). In an exclusive interview with Ankit Sharma, Wankhede emphasized that MHADA is concentrating on redeveloping aging housing layouts in cities like Mumbai, Pune, and Nashik, alongside formulating policies to enhance rental housing and expedite the redevelopment of older structures. He indicated that there remains a robust demand for affordable housing through MHADA’s…

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…

Latest StoriesRegulatory

Nashik Civic Body Gathers ₹272 Crore in Property Tax FY26

NASHIK: The Nashik Municipal Corporation (NMC) has achieved a record property tax collection of Rs 272 crore in the financial year 2025-26, marking the highest amount in its 43-year history. Officials anticipate an additional Rs 10-15 crore to be collected in the remaining 21 days of the fiscal year. The target set for property tax collection was Rs 270 crore. Officials cited a significant boost from the 15-day amnesty scheme for tax defaulters, conducted from February 23 to March 9, which generated Rs 46 crore in outstanding dues. “During this period, over 13,000 defaulters cleared arrears totaling Rs 45 crore…

IndustryLatest Stories

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…