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21 May 2025
Nashik is in the midst of a large-scale infrastructure transformation worth over INR 20,000 crore as it prepares to host the Simhastha Kumbh Mela in 2027. The city is building nine new bridges, modern sewage treatment systems, flyovers, and industrial zones to handle the massive expected influx of pilgrims and to future-proof its urban development. Alongside this, Nashik Metro Neo and smart city projects are enhancing urban transport and service delivery. This comprehensive development plan is designed to improve connectivity, quality of life, and economic potential for decades to come.Read more
12 May 2025
The Nashik Metropolitan Regional Development Authority (NMRDA) has been entrusted with 13,645 hectares of government land across 190 villages in six talukas. This initiative aims to address the rapid urbanization in peri-urban and semi-urban areas, where local bodies often lack the resources for systematic development. NMRDA plans to create an integrated development plan, utilizing these lands for essential civic infrastructure such as sports grounds and water treatment plants. The authority is also in the process of formulating a land-use policy to ensure organized and community-centric development.Read more
05 May 2025
The Nashik Municipal Smart City Development Corporation Ltd (NMSCDCL) will continue executing projects beyond the Smart City Mission, which ended on March 31. The Directorial Board approved amendments enabling the corporation to undertake works outside Nashik and secure assignments from government bodies. NMSCDCL has initiated plans to deploy more than 3,500 CCTV cameras for the Simhastha Kumbh Mela, enhancing surveillance throughout the city. CEO Sumant More confirmed that surveys are underway to identify installation sites. Divisional Commissioner Praveen Gedam chaired the meeting, attended by key officials who endorsed expanding NMSCDCL's operational scope to ensure financial self-sufficiency and future growth.Read more
14 Apr 2025
The Nashik Housing and Area Development Board, a regional unit of MHADA, held its second 'Janata Darbar Din' to resolve public grievances promptly. This initiative aims to provide a platform for citizens to voice concerns related to housing and development, ensuring timely and effective solutions. The event reflects MHADA's commitment to responsive governance and community engagement.
11 Apr 2025
The Nashik Municipal Corporation has served notices to 70 private developers for failing to maintain traffic islands they had agreed to develop and keep under CSR or joint development conditions. These developers were allotted islands on major roads, but many were found neglected during recent inspections. The civic body has asked them to respond within seven days or face further penalties. This step is part of a broader effort to improve road aesthetics and traffic management in the city and hold stakeholders accountable.
10 Apr 2025
Nashik Municipal Smart City Development Corporation Ltd (NMSCDCL) has completed 18 of its 21 projects under the Smart City Mission, with three still in progress. The state government has directed NMSCDCL to transfer completed projects to Nashik Municipal Corporation (NMC). NMSCDCL will complete two ongoing projects by April and finish the third by December. The initiative, valued at INR 1,122 crore, includes INR 175.74 crore under the PPP model. NMSCDCL has received INR 897.75 crore but awaits INR 48.51 crore from NMC. Upon completion, these projects will enhance Nashik's infrastructure, reinforcing sustainable urban development and transformation efforts.Read more
03 Apr 2025
Effective April 1, the Nashik Municipal Corporation (NMC) will levy a 30% additional tax on both residential and commercial rental properties, replacing the previous high surcharges. Earlier, Residential rental properties had to pay a surcharge of 100%, while commercial rental properties had to pay 400%. Property owners will need to provide tenant information to benefit from the new system. NMC has appointed private agencies to conduct surveys and ensure proper tax assessments.
02 Apr 2025
Between March 17 and 26, the Nashik Municipal Corporation (NMC) received over 1,200 offline building plan proposals and approved around 200. This temporary shift to offline submissions was due to technical issues with the online approval system. NMC chief Manisha Khatri had previously mandated online submissions to streamline approvals and reduce delays. Developers' associations have requested the continuation of offline submissions, and Khatri plans to address their concerns in an upcoming workshop.
02 Apr 2025
The Nashik Municipal Corporation (NMC) has issued warrants to 426 property tax defaulters, each owing over INR 1 lakh, after multiple notices were ignored. The defaulters have been given a 21-day ultimatum to clear their dues or face property confiscation. NMC aims to recover outstanding taxes before the end of the financial year. Despite an amnesty scheme earlier, more than 1.5 lakh property tax defaulters remain, with a total of INR 250 crore in dues.
27 Mar 2025
The Nashik Municipal Corporation (NMC) has temporarily permitted offline submissions and approvals of building plans from March 16 to March 26 due to a server outage affecting its online system. Civic chief Manisha Khatri issued a circular authorising builders and developers to submit plans and obtain completion certificates offline, just 15 days before the financial year-end. The town planning department must maintain a separate register for these offline transactions. Earlier, Khatri had mandated an entirely online process and decentralized approval powers within the department to speed up clearances.
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26 Mar 2025
Residents of Chandshi village in Nashik have urged the Nashik Metropolitan Region Development Authority (NMRDA) to allocate smaller-sized plots in the upcoming town planning scheme. The project, covering 100 acres, aims to provide developed land with essential infrastructure, returning 60% of land to farmers. Villagers argue that smaller plots are more practical for sale and development. NMRDA Commissioner Manikrao Gursal acknowledged their concerns and assured further discussions. Similar schemes in Nashik's Makhmalabad area have balanced infrastructure improvements with landowner benefits, reflecting a collaborative approach to urban planning.
19 Mar 2025
The Nashik Municipal Corporation (NMC) has appointed three private agencies for a three-year citywide property tax survey starting April 1. The agencies will identify unregistered properties, update tax records, and detect unauthorized commercial usage to ensure proper taxation. This initiative aims to increase revenue for civic infrastructure projects. Similar efforts in Chandigarh improved tax compliance, identifying over 1.19 lakh properties. NMC has also reinstated the industrial tax slab, reducing rates for nearly 1,000 businesses. Property owners are advised to verify compliance, as this survey strengthens Nashik's tax system for sustainable urban development.Read more
18 Mar 2025
The Nashik Municipal Corporation (NMC) has reported a surge in digital property tax payments, with online transactions accounting for INR 118 crore out of INR 235 crore collected as of March 10, 2025. This marks a significant rise from pre-pandemic levels when online payments made up just 7% of total collections. The shift is driven by incentives like rebates and amnesty schemes for defaulters, which recovered INR 65 crore. NMC aims to collect INR 250 crore this year, leveraging digital adoption. The trend aligns with similar initiatives in Pune and Bangalore, enhancing efficiency, transparency, and taxpayer compliance in urban governance.Read more
14 Mar 2025
Nashik's housing market grew by 22% in 2024, with 8,583 apartment sales, while new supply dropped by 30%, reducing unsold inventory by 15%. Despite strong demand, prices remained stable between INR 3,134-INR 15,833 per sq. ft., making Nashik an attractive alternative to Mumbai's high real estate costs. Improved infrastructure, industrial growth, and enhanced connectivity have boosted investment interest. The city's wine industry, tourism, and manufacturing sectors further drive demand for both residential and commercial spaces. With major developers expanding in the region and Nashik's strategic location near Mumbai, the city is emerging as a key real estate investment destination.Read more
12 Mar 2025
The Nashik Municipal Corporation (NMC) has intensified efforts to recover pending property tax dues by issuing notices to defaulters. Over 2,000 notices have already been sent, urging recipients to clear outstanding payments within 15 days. Despite the NMC collecting INR 237 crore so far, it still falls short of its INR 250 crore target. Earlier, the civic body introduced an amnesty scheme offering up to 95% penalty waivers, which led to the recovery of INR 60 crore. However, with over 1.5 lakh defaulters still owing INR 250 crore, the administration is now escalating recovery measures, warning of stricter actions, including property confiscation, for non-payment.Read more
06 Mar 2025
The Nashik Municipal Corporation (NMC) saw a 33% increase in property tax collection, reaching INR 234 crore by February, a record high. To meet its INR 250 crore goal, it needs INR 16 crore more. The rise is attributed to an 8% discount for early lump-sum payments, an extra 1% for online payments, and a successful amnesty scheme. NMC's push for digital transactions and actions against defaulters, like door-to-door collection, also contributed. With a steady revenue increase over recent years, NMC expects to exceed its target in March.Read more
20 Feb 2025
The Nashik Municipal Corporation's (NMC) budget for 2025-26 features an outlay of INR 3,053.31 crore, marking an increase from previous years. Property tax hikes for new residential, commercial, and industrial properties, along with tripled development charges, are designed to boost revenue. A revised tax system for rental properties will reduce the financial burden on owners, while mandatory licence fees for shops and industries will bring in additional income. The NMC has significantly reduced its liabilities, allocated funds for transport services and ward development, and plans to establish nine clinics to enhance healthcare access.Read more
18 Feb 2025
The Nashik Municipal Corporation (NMC) has reinstated the industrial slab for property tax, reducing rates from INR 44 to INR 13.2 per sq. mt per month for industrial units established or expanded after April 2018. This decision reverses a 2018 policy that imposed commercial tax rates, providing relief to around 1,000 industries. The move is expected to lower operational costs, attract investment, and boost employment, making Nashik more competitive with other industrial hubs. Additionally, NMC has approved infrastructure projects worth INR 15 crore. These measures collectively support Nashik's industrial growth and broader economic development.Read more
17 Feb 2025
The Nashik Municipal Corporation (NMC) will raise development charges for builders and developers from INR 105 per sq. m to INR 350 per sq. m, effective April 1, 2025, marking the first hike in 15 years. Additionally, a 10% annual increase will be implemented moving forward. The decision aims to generate INR 1,500 crore to fund essential infrastructure projects and the upcoming Kumbh Mela 2026-27. While builders fear rising housing costs, the NMC assures that the funds will enhance the city's roads, water supply, and sanitation as Nashik undergoes rapid urban expansion.Read more
10 Feb 2025
The Nashik Municipal Corporation (NMC) is addressing a backlog of 2,600 unresolved civic complaints, 1,000 pending building plan approvals, and property tax objections. Municipal Commissioner Manisha Khatri has directed officials to resolve grievances within a week, while a review of the e-Connect App aims to improve response times. Building plan approvals now require mandatory online submissions to enhance efficiency, with a first-come, first-served process. Property owners must file tax objections by February 28. NMC is exploring digital solutions to improve transparency, streamline processes, and meet the demands of Nashik's rapid urban expansion.Read more
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