18 Jan 2026
RM Drip and Sprinklers Systems is set to establish a new manufacturing facility in Nashik through its proposed subsidiary, Brahmanand Pipes Pvt Ltd, with an annual capacity of 12,000 tonnes. This expansion will increase the company's production capacity by approximately 50 per cent and cater to higher demand across irrigation, infrastructure, and industrial segments. The plant will produce a range of products, including drip irrigation systems, HDPE pipes, and industrial piping solutions. Founded in 2004, RM Drip has a strong presence in multiple Indian states.Read more
13 Jan 2026
Nashik's Neo Metro project, envisioned as a modern urban transit system, has remained stalled for nearly eight years despite receiving state-level approval. Planned as a rubber-tyred, air-conditioned metro spanning about 32 km, the project was estimated at INR 2,092 crore and was highlighted in the Union Budget. However, the absence of Union Cabinet approval and changing traffic patterns following the start of airport operations have led authorities to reassess its feasibility. Maha Metro is now studying alternative transit models better suited to the city's current mobility needs.Read more
13 Jan 2026
The Maharashtra government has announced a new incentive to boost urban redevelopment in Nashik, offering developers additional floor space index (FSI) for eligible projects. The move is aimed at reviving ageing residential and mixed-use buildings by improving project viability and attracting private investment. Incentive FSI allows higher construction in return for better infrastructure, open spaces, parking and public amenities. With many old structures in Nashik needing upgrades, the policy seeks to support safer housing, efficient land use and improved living conditions. The initiative reflects the state's push to extend redevelopment support beyond major cities, positioning Nashik for renewed urban growth and modern housing supply.Read more
11 Jan 2026
The Nashik Municipal Corporation has successfully collected INR 66 crore in property tax arrears through a recently concluded amnesty scheme, raising its total property tax collections for the year to INR 208 crore. Around 86,000 property owners settled outstanding dues and benefited from penalty rebates totaling INR 22 crore, with waiver rates ranging from 85% to 95%. Despite a temporary slowdown in recovery due to staff being assigned election duties, officials remain confident of achieving the full-year target of INR 275 crore by intensifying follow-up actions and recovery drives.Read more
03 Jan 2026
The widening of Nashik's Rane Nagar vehicular underpass on the Mumbai -Agra highway is now expected to take an additional month, extending beyond the original December completion plan. The project, which started in mid 2025, aims to add two extra lanes to ease congestion on service roads and separate crossover traffic. Crossover movement reopened in November after partial underpass extension. Ramps for the associated flyover are also under construction. Nearby, the Indiranagar underpass is undergoing similar upgrades, impacting local traffic flows and detours in the area.Read more
02 Jan 2026
The National Highways Authority of India (NHAI) has initiated preparations for the detailed project report (DPR) to widen the Kopargaon Malegaon highway to four lanes, a key route connecting north-west Maharashtra. As part of the DPR, NHAI will assess the feasibility of a bypass around Yevla to divert heavy traffic away from the town centre. The Pimpalgaon Jalal toll plaza has been closed following the end of its contract, and the highway is now fully managed by NHAI. The project addresses long-standing concerns over traffic congestion and safety along this important freight and commuter corridor.Read more
08 Dec 2025
Nashik Municipal Corporation collected INR 196 crore in property tax over the past eight months, showing an 8% rise from the INR 181 crore collected during the same period last year. Cidco contributed the highest share, followed by Panchavati, Nashik East, Nashik West, Nashik Road and Satpur. The civic body has covered 71% of its full-year target of INR 275 crore. The rise is linked to early-payment rebates and an amnesty scheme for defaulters. Despite this progress, around INR 400 crore in pending dues still remain.Read more
08 Dec 2025
A well-known Nashik builder was taken into custody earlier this week after being accused of cheating flat buyers in a case valued at around INR 23 crore. Buyers had reportedly paid the full amount and taken possession of their homes, but the builder did not execute the sale deeds. Instead, he allegedly mortgaged the same flats to a private finance company to raise funds. When the loan defaulted, the lender initiated auction proceedings, leaving residents shocked and prompting them to file a police complaint.Read more
24 Nov 2025
Nashik's Ozar Airport is set for a major INR 556 crore expansion in preparation for the upcoming Simhastha Kumbh Mela, scheduled from October 2026 to July 2028. The project includes constructing a new integrated terminal building, which will raise the airport's passenger capacity from 300 to 1,000 per hour. The Maharashtra government will sign a Memorandum of Understanding with Hindustan Aeronautics Limited (HAL) to execute the work, which the divisional commissioner has directed to be completed by March 2027. Ancillary facilities will also be upgraded to handle increased traffic.Read more
23 Oct 2025
The Nashik Municipal Corporation (NMC) has obtained a INR 750 crore loan from the World Bank to strengthen the city's sewerage infrastructure. The project will involve laying over 200 km of new sewer lines and replacing old ones across six municipal divisions, including Pachavati, Cidco, Nashik Road, and Satpur. Currently, the city manages around 323.3 million litres of sewage per day through 1,600 km of existing networks. The initiative also aligns with the AMRUT scheme, under which the government contributes 50% of the funding, while the remaining comes from the civic body.Read more
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11 Sep 2025
The Nashik Municipal Corporation (NMC) has sent notices to more than 3 lakh property tax defaulters, whose outstanding dues total around INR 400 crore. These dues have accumulated over one to six years. The civic body has a target of INR 275 crore for the current financial year and has already collected INR 125 crore. An amnesty scheme offering up to 95% waiver on penalties was introduced earlier this month. The NMC aims to meet its full collection target to fund its share in the Simhastha Kumbh Mela and ensure financial stability.Read more
07 Sep 2025
The Nashik Municipal Corporation has proposed an ADB loan of INR 1,000 crore to strengthen the city's infrastructure ahead of the Simhastha Kumbh Mela. It builds on a broader INR 15,000 crore plan submitted to the state government, of which INR 3,270 crore has already been approved. The loan will be backed by the state and directed toward a complete sewage network, flood control, and stormwater drainage. The civic body also plans to raise INR 400 crore through municipal and green bonds. Earlier rounds of funding, motivations, and infrastructure pressures add deeper context to these preparations.Read more
14 Aug 2025
Nashik's civic administration recently lifted property tax from mobile towers with effect from the start of this year, while insisting telecom firms settle dues through December of last year. The move aligns with the Telecommunication Act, 2023, affirmed by state urban planning directives. The city hosts around 596 mobile towers, previously contributing an estimated INR 7 crore annually, yet telcos owe a staggering INR 52.69 crore in back taxes. Rather than dwelling on lost revenue, the municipal body is now leasing its own land to operators as a new income stream, carefully turning compliance into opportunity.Read more
29 Jul 2025
A detailed audit conducted by Nagpur's town planning department has found nearly 30,000 structures missing from official municipal records. These buildings, though physically present and in use, had not been assessed for property tax, with many listed as vacant plots. The Nagpur Municipal Corporation (NMC) has now begun matching these structures with its GIS database. Once the ground verification is done, property owners will be issued assessment notices. This move is expected to bring a significant number of previously unlisted properties into the city's formal tax system and boost municipal revenue.Read more
16 Jul 2025
The Nashik Municipal Corporation (NMC) has introduced a new initiative allowing landowners to develop amenities on reserved land in exchange for Transfer of Development Rights (TDR). This aims to accelerate public facility development and compensate property owners. Aligned with Maharashtra's Unified DCPR (December 2020), the policy enables NMC to develop 425 reserved lands, bypassing direct budget acquisition. A committee, chaired by the NMC commissioner, will oversee the process, streamlining urban development and benefiting both the public and landowners in Nashik.Read more
11 Jul 2025
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10 Jul 2025
The Nashik Municipal Corporation (NMC) collected INR 100 crore in property tax during the first quarter of FY26 (April-June), a slight decrease from INR 106 crore in the same period last year. This collection was aided by rebates ranging from 3% to 8% for prompt payments, ending July 31. Despite changes in strategy, including not sending messages and appointing private agencies for bill distribution this year, NMC reached the collection mark. The corporation aims for a higher annual target of INR 275 crore in FY26, following INR 256 crore collection in FY25.Read more
04 Jul 2025
One of Maharashtra's fastest-growing urban hubs, the Nashik Municipal Corporation (NMC) has launched an Urban Design Cell to bring structure, sustainability, and aesthetic sensibility to civic development. Spearheaded by Municipal Commissioner Manisha Khatri, the cell comprises experienced architects, town planners, engineers, and heritage conservationists. It is set to guide the city's planning through climate-conscious, pedestrian-friendly, and culturally sensitive design strategies. This development aligns with the Maharashtra government's broader mandate to institutionalize urban design cells across 421 local bodies for more coordinated and future-ready infrastructure growth.Read more
25 Jun 2025
Maharashtra CM Shri Devendra Fadnavis has announced a INR 4,000 crore road upgrade plan for Nashik ahead of the 2027 Simhastha Kumbh Mela, with central government support. Nine key routes connecting Nashik, along with the Nashik Ring Road and Nashik-Trimbak road (to be widened to six lanes), have received in-principle approval from Union Minister Shri Nitin Gadkari. A Detailed Project Report is underway. Roads such as Ghoti-Trimbakeshwar, Dwarka-Sinnar, and Nashik-Dhule will be developed to handle the massive influx of devotees. These upgrades aim to ensure safe and efficient movement during the world-renowned religious event, enhancing regional connectivity and infrastructure resilience.Read more
23 Jun 2025
The Nashik Municipal Corporation (NMC) is set to auction properties of 73 major property tax defaulters next month, targeting those who ignored earlier confiscation notices. Each defaulter owes over INR1 lakh, and the crackdown follows warnings sent to 425 such cases. The city faces over INR250 crore in unpaid property taxes from more than 1.5 lakh defaulters. Earlier this fiscal year, NMC ran an amnesty scheme offering up to 90% penalty rebates, which over 60,000 defaulters used, resulting in INR30 crore in waived penalties. Property tax is crucial for city services, and auctions are being used as a last-resort recovery method.Read more