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Real Estate Forum on Nashik Municipal Corporation

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Where can one find more details on the property tax applicable under NMC (Nashik Municipal Corporation)

Latest Answer: is it true that you have to pay double to triple property tax if the construction is illegal (small house) on own's land
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Q: 6 people approached the consumer court against Mumbai-based Shree Krishna Constructions alleging unfair trade practice and giving false declaration to the NMC.
Latest Answer: HI friends, Even this news has been published in the newspaper. 6-people approached the consumer court against Mumbai-based Shree Krishna Constructions alleging unfair trade practice and giving false declaration to the NMC. The court ruled in favour of the complainants.
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Q: The real estate sector is passing through a phase of recession over the past 3-4 yrs. and Nashik is no exception.

Latest Answer: Hi all, My question is why are thousands of properties in the city without Building Completion Certificates (BCCs)? What is Credai Nashik doing for it?
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Latest Answer: Hi Mr Singh, In Phase I, the DMIC project rated as the largest infra project will see development of seven new industrial cities namely the Dadri-Noida-Ghaziabad investment region in Uttar Pradesh, Manesar-Bawal investment region in Haryana, Khushkhera-Bhiwadi-Neemrana investment region in Rajasthan, Pithampur-Dhar-Mhow investment region in Madhya Pradesh, Ahmedabad-Dholera investment region in Gujarat and Shendra-Bidkin industrial park city and the Dighi Port industrial area, both in Maharashtra.
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Q: So what does Nashik have to learn from Gorakhpur? How to get solution of civic problems?
Latest Answer: Hi Aveek, As per my knowledge, Gorakhpur City Development Plan (CDP) 2021, projects usage of over 50 per cent of the total land for residential purposes which also includes parks and open spaces. In Nashik, experts in NMC are yet to take concrete steps in this direction. The space allocation for public parks and amusement areas is still under consideration.
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Q: Hi all.. when is the govt going to start the Anandvalli housing project? Any idea?
Latest Answer: The NMC had chosen 11 locations in the city and has received approval from the central government under JNNURM to build 16,000 houses for the project. However, the civic body has decided to construct 11,200 houses as per the availability of land. Construction work for 8,000 houses has already been started at various locations in the city. In February, the NMC had allotted houses to the beneficiaries at their housing project in Nilgiri Bag.
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Q: Hi, I heard that some issue is there with the Property tax dept and NMC.. any updates on it?
Latest Answer: Hi all, the Corporation collects a property tax of Rs 4.40 to Rs 4.45 per square metre from industries and Rs 11 per sq metre is calculated from business houses. It charges Rs 22 per sq metre for hotels, but it is collecting less amount from some of the hotels..
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Q: I heard that Nashik Municipal Corporation is disconnecting water connections in the city. What is the reason?
Latest Answer: Hey Gurmeet, though it is risky to get water from other sources, the developers have welcomed the NMC’s initiative to save water. And they are planning to arrange water on their own for the construction activities.
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