Nashik
Nashik- Last week, the Nashik Municipal Corporation standing committee rejected the property and water tax hike for all the residential areas. This hike was proposed by the municipal commissioner following the civic Budget 2013-14. However other proposals were approved by the standing committee based on few amendments. A draft budget of Rs. 1,556.80 crore was presented by [...] Continue Reading »
Nashik – The budget 2013 for the upcoming financial year is expected to have a 10 percent hike in the residential property tax as suggested by the civic administration. This policy was presented to the chairman of the standing committee of the Nashik Municipal Corporation (NMC). The decision is yet to be taken by the standing [...] Continue Reading »
Gangapur Road, which was once known to attract many small and large scale real estate developers is now lying dull due to high property rates. It is one of the developing areas in Nashik and has been witnessing low sales in properties for quiet some time. In the past one year, the locality has seen [...] Continue Reading »
Nashik- With the consent of 150 farmers for land acquisition, the construction of 32 km rail track from MahaGenco’s existing thermal power plant at Eklahare to Sinnar will soon start for transportation of coal. The power plant will be jointly set up by Indiabulls Realtech Ltd (IRL), a subsidiary of Indiabulls Power Ltd, and Maharashtra Industrial [...] Continue Reading »
In order to showcase properties across Nashik under one umbrella and provide buyers the opportunity to purchase real estate in Nashik, the Confederation of Real Estate Developers’ Association of India (CREDAI) has planned a real estate expo in the city. The realty expo – ‘Shelter’ will be organised in the city from December 20-23. CREDAI [...] Continue Reading »
Deolali Cantonment Board in Nashik is facing serious crisis due to lack of infrastructure in the face of rising population and emergence of new localities in Deolali. To address the issues and to develop the infrastructure, the Cantonment Board is looking forward to a financial aid of Rs 70 crore from the Centre. The Board [...] Continue Reading »
The Nashik Municipal Corporation(NMC) administration has tied up with some select nationalized and scheduled banks for collection of property taxes. The property tax can be deposited at around 80 branches of some nationalized and scheduled banks within the NMC limits. Collection of the property taxes at the select bank branches is expected to commence within [...] Continue Reading »
The Standing Committee of the Nashik Municipal Corporation (NMC) presented the Rs 1,810.82 crore civic budget for 2012-13 in the general body meeting(GBM). The standing committee, while modifying the budget worked out by the former municipal commissioner, had rejected proposals to hike house and water taxes. The former commissioner had proposed 10 per cent hike [...] Continue Reading »
The Maharashtra State Electricity Transmission Company Limited (MSETCL) has issued notices to 31 property owners in Nashik city for violating construction norms. The notice came up against the backdrop of two construction workers sustaining injuries after receiving an electric shock. According to norms, there should be no construction within 13m on either side of the [...] Continue Reading »
The district deputy registrar of Nashik, Bajirao Shinde stated that Conveyance Deeds of over 90 per cent of properties in Nashik city are yet to be executed. Nashik city has more than 12,000 residential societies and apartments, but records show that conveyance deeds of over 11,000 properties have not been executed. The city has a [...] Continue Reading »
