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Nagpur Best place for Real Estate Investment

Last updated: March 27 2021
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  • Re : Nagpur Best place for Real Estate Investment

    Work on Nagpur-Mumbai expressway begins in full swing

    Ashish Roy | TNN | Updated: Jan 22, 2019, 12:28 IST


    Work on Nagpur-Mumbai expressway begins in full swing

    NAGPUR: Work on the Nagpur-Mumbai super expressway, also known as Samruddhi Corridor, has begun in full swing in the district. Maharashtra State Road Development Corporation (MSRDC) has levelled land at many places and trees have been felled. At one spot, construction of the expressway embankment has also started.

    Deputy engineer AA Jagshettiwar said the expressway will start from an intersection six km from Jamtha on the Outer Ring Road towards Gondkhairi. “This spot is 21km from Zero Mile. The expressway will proceed along public works department (PWD) road towards Takalghat for about 6.5km and then the alignment becomes completely greenfield. It will pass from near Kanholibara village then cross Wardha Road and enter Selu taluka of Wardha district,” he added.

    A huge circle will be built at the entrance point of the expressway. “For the first 6.5km, our carriageway is only 80 metres. This land was acquired by PWD way back in late 1990s. We still needed another 20 acres. Along the Takalghat road, our expressway will be six lane but the width of the median will only be 4.5m instead of 15m,” said Jagshettiwar.

    The corporation’s contractor has levelled and cleared the land along the PWD road. “The work of felling trees has been given to Forest Development Corporation of Maharashtra (FDCM) in non-forest areas and to forest department in forest areas. They will fell and count the trees so as to meet the target of compensatory tree plantation,” the DE further said.

    Construction of embankment has started at a spot where a flyover will be built over Wardha Road (not the national highway). “The embankment will be like that of railways. Its height to width ratio will be 1:2 which means that if the height is 3m the width will be 6m. The embankment height is raised by laying layers of 250mm. Water is sprinkled on it, rolling is done and its density is checked. Then the next layer is laid,” said the MSRDC official.

    Executive engineer Ashwini Ghuge said once the earthwork is complete, dry lean concrete (DLC) will be put over it. “This will be followed by granular subgrade and pavement quality concrete,” she added.

    Nagpur and Wardha districts are covered in package I (0 to 31km) and II (31 to 90km). According to Ghuge, five exit and entry points will be built in the 90 km stretch. “They are near Shivmadka, Datala, Seldoh, Yelakeli and Werul villages. We will build toll plazas here,” she said.

    Package I is being executed by Megha Engineering, while the contractor for second one is Afcons. Megha is setting up one camp office near Kanholibara, while Afcons is establishing two in Wardha district.










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    • Re : Nagpur Best place for Real Estate Investment

      Income tax department holds first ever auctions in Nagpur

      Shishir Arya | TNN | Jan 23, 2019, 06:12 IST

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      NAGPUR: In an unprecedented action, income tax department here has auctioned 18 properties, which included jewellery and immovable assets, to recover pending dues.

      Out of the 25 auctions held last year throughout the country, 18 took place in Nagpur alone. This has led to a recovery of tax dues to the tune of Rs17 crore.

      It is for the first time in Nagpur region that the department has gone ahead with the auction of assets to recover tax dues, said a press release issued here. The principal chief commissioner of Nagpur region, Asha Agrawal, told TOI that more such auctions would take place in the coming days.

      Close to 45 such cases have been identified and would be put under the block soon. The Nagpur office covers entire Vidarbha. Out of the 18 auctions, the assets seized were jewellery in one of the cases and immovable property in the rest.

      The income tax department is focusing on the recovery of demand created in the previous financial years. Cases where the taxpayers have not paid the outstanding dues, concealed their income or even helped tax defaulters have been identified. More than 150 prosecutions have been initiated in such cases with more to come, said the press release. The total tax amount involved in these cases crosses Rs60 crore.

      The department has identified different types of defaulters. Among them a chunk includes those who have deducted tax at source, but not deposited the funds with the government exchequer or have delayed it. Even not depositing the TDS in the government coffers is a violation. This amounts to illegally holding of government funds. There is also a category of assessees against whom the tax dues have been confirmed at the income tax appellate tribunal (ITAT) level, yet they have not shelled out the amount. Prosecution has been initiated against such tax assessees.

      The department has also come across a number of persons whose income is much beyond the taxable limit, but they have not filed returns. This amounts to deliberate concealment of income. The prosecution action also covers such kind of assessees, said Agrawal.







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      • Re : Nagpur Best place for Real Estate Investment

        No property tax revision for 2019-2020

        TNN | Jan 23, 2019, 06:18 IST

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        NAGPUR: Here’s a good news for property taxpayers of the city. Nagpur Municipal Corporation (NMC) has proposed no revision in tax for the next financial year, i.e. 2019-20. The property tax department has submitted a proposal to keep the tax structure untouched before the standing committee meeting scheduled to be held on January 25.

        Citing provision 99 of Maharashtra Municipal Corporation Act, 1949, the department said the tax structure for the next financial year should be tabled before the general body meeting before February 20.

        As per the proposal, the department has proposed no revision in any categories including residential, hotels-restaurants, mangal karyalayas, lawns and hospitals. The NMC will continue to collect property tax as levied in the current financial year (2018-19).

        Besides this, 35 more proposals pertaining to various civic works, mostly tarring and concretization of roads, will be tabled before the panel headed by chairman Virendra Kukreja.

        The public works department from Gandhibagh zone has submitted two proposals of Rs2.22 crore and Rs4.10 crore for setting up of E-Libraries in Chhatrapati Shahu Maharaj Vachanalay in Chitnispura and Maharshi Dayanand Saraswati Abhyasika and Digital Library, respectively. For both the projects, the department has also sought nod to appoint two project managementconsultants.











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        • Re : Nagpur Best place for Real Estate Investment

          Nine years later, Nagpur civic body to restart taking over Gunthewari layouts from NIT


          ​​The civic body has also proposed to seek powers to regularize such unauthorized layouts with NIT since last 17 years.Anjaya Anparthi | TNN | January 28, 2019, 16:00 IST File photo

          NAGPUR: Keeping aside a nine-year-old dispute, Nagpur Municipal Corporation (NMC) plans to restart taking over unauthorized layouts regularized under the Gunthewari Act from Nagpur Improvement Trust (NIT).

          The civic body has also proposed to seek powers to regularize such unauthorized layouts with NIT since last 17 years.

          NMC town planning department has tabled a proposal in this regard before the general body, which will take a decision at the special meeting on January 29.

          This will pave the way for basic amenities in 508 regularized layouts, and many more to be identified in coming days. Due to disputes between NMC and NIT, lakhs of people residing in unauthorized layouts are not getting basic amenities.

          There are over 4,500 unauthorized layouts. NIT had regularized 2,071 of them. NMC general body, in meetings held on May 31, 2008, and February 3, 2010, had decided to take over 684 regularized layouts from NIT.

          NMC had laid down some conditions, including transfer of money recovered by NIT while regularizing them, and completion of remaining development works.

          NMC took over 176 of 684 regularized layouts in 2011. It did not take over the remaining 508, claiming NIT did not comply with the conditions. Since then, people residing in 508 regularized layouts have been left to their own fate.

          Now, NMC plans to take over the 508 regularized layouts. It will also take over other unregularized layouts in its jurisdiction.

          As per the proposal, NMC will seek funds from the state government to execute works in these layouts. Also, NMC will seek open spaces in these layouts along with whatever funds are left unspent with NIT. NMC will also keep powers of building plan sanction with it.

          NMC has also proposed to ask the government for powers to regularize the remaining unauthorized layouts in its jurisdiction.

          In the proposal, NMC said, “NIT is not complying with the conditions. But people are facing severe inconvenience. People come to public representatives and highlight their problems. Therefore, NMC will have to take over these layouts.”

          This was first proposed in the budget of 2015. After a delay of four years, the proposal has moved forwarded probably looking towards Lok Sabha and assembly elections slated this year.

          The general body will also discuss and decide on the town planning department’s proposal to give permission for operation of unauthorized mobile towers for one year in line with government policy.

          Another proposal of the town planning department is to widen Kingsway from Ramjhula to Kasturchand Park from existing 24 meter to 31 meter. The proposal is to rejuvenate and beautify all roads and areas near the railway station.

          There is also a proposal to delete reservation of MSRTC and MPSRTC bus stations from the two plots of land situated adjacent to the railway station and allow their commercial use.

          MahaMetro proposes to rehabilitate shops situated below the flyover to a commercial complex on the two plots.










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          • Re : Nagpur Best place for Real Estate Investment

            NHAI to construct modern bldg for Pardi market

            Anjaya Anparthi | tnn | Jan 29, 2019, 05:30 IST

            Nagpur: National Highways Authority of India (NHAI), building the Pardi flyover and tunnel project, has planned a modern market on sprawling four hectares in the same area to rehabilitate vegetable and other vendors who now do business on the road.

            The Rs 100 crore project will be a big relief for hundreds of citizens of East Nagpur and also ease traffic on the national highway. For decades, vendors of vegetable, meat, groceries, etc have been doing business on both sides of the national highway from Pardi village to Gomti Hotel square. Some part of the market runs on a road going towards Pardi crematorium.

            Over 2km stretch of the national highway witnesses congestion every day. Congestion is very high in evening hours. Also, the stretch has become prone to accidents.

            City MP and union minister for road transport, highways and shipping Nitin Gadkari has approved Rs 15 crore for construction of the market in Rs 665 crore Pardi flyover project. NHAI will develop the project and hand it over to NMC.

            Of total four hectares, two hectare land was in possession of forest department was transferred to the NHAI. Remaining two hectares is owned by private parties.

            Nagpur Municipal Corporation (NMC) has started the process to acquire the remaining land. Land is reserved for park, market and road. NMC town planning department has tabled a proposal before the general body for acquiring land at the cost of Rs 81.58 crore.

            After general body’s approval, NMC will seek funds from the state government. East Nagpur MLA Krishna Khopde said government will approve funds for acquiring the land. “Market is very important for East Nagpur. Vendors will move into the market as shops and facilities will be provided free of cost. People of these areas will get state-of-the-art market,” he said.

            NHAI has proposed to construct G+4 floor building. Around 400 shops will be constructed in this building for vegetable and meat shops. There will be big parking for cars and two-wheelers. An area will be developed for parking of trucks. NHAI has also proposed to develop a garden in one part.

            It is the first-of-its-kind project for the NHAI. It usually executes works of national highways.








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            • Re : Nagpur Best place for Real Estate Investment

              1.60 lakh families to gain as NMC to regularize 425 slum areas

              Proshun Chakraborty | TNN | Updated: Jan 31, 2019, 05:56 IST

              NAGPUR: With an eye on the ensuing Lok Sabha and state assembly elections, the BJP-ruled Nagpur Municipal Corporation is planning to regularize 425 slum areas that are on government land.


              The standing committee met on Wednesday under the chairmanship of Virendra Kukreja and gave its nod to the slum department proposal to entrust M/s Center for Sustainable Development to conduct a plain table or total station survey of slums in Nagpur city. The firm will also collect applications from slum dwellers and certify them.

              The NMC will pay the agency Rs179 each for collecting documents and Rs25,000 per hectare for conducting the survey.

              15 slum areas are on NMC lands and 52 are on Nagpur Improvement Trust land. Around 60% of the slums are situated on Nazul land, a few on private and many on reserved lands for public utilities like playground, parks etc. Of the total slums, 296 were notified.

              “An approximate 8 lakh population or 1.60 lakh families will benefit from this scheme,” confirmed a senior official from the slum department. Already, after a government resolution to regularize slums before 2011, both the NMC and NIT had started distributing ownership rights to dwellers.

              The officer said the district collector has sought NMC’s help to carry out the survey in 20 slums. With the team likely to need one month for one slum, the civic body is set to appoint more agencies to speed up the survey.

              The standing committee also gave a green signal to the slum rehabilitation department’s proposal to appoint a private agency from Thane to conduct door-to-door inspection of applications for central government’s housing for all schemes. Apart from scrutiny of documents, the agency will help in filing the application forms for the dwellers and also help the beneficiaries to submit the form online.

              Earlier too the state government had appointed an agency but it failed to carry out the job, said the officer. However, under the housing for all, only those dwellers having kuccha houses will get monetary help.














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              • Re : Nagpur Best place for Real Estate Investment

                Metro to be ready on two stretches by Feb end: Dixit

                Ashish Roy | TNN | Feb 1, 2019, 03:27 IST



                Nagpur: Even though a lot of work needs to be done, MahaMetro managing director Brijesh Dixit is confident of completing two stretches of Nagpur Metro — Sitabuldi to Khapri and Lokmanya Nagar (Hingna Road) to Subhash Nagar — by February end. According to him, all the necessary permissions will be available with the agency by then. Chief minister Devendra Fadnavis told TOI that the state government was deciding the date of inauguration of the project.

                Dixit said that by the month end, eight stations — Khapri, New Airport, Airport South, Airport, Jaiprakash Nagar, Sitabuldi, Lokmanya Nagar and Subhash Nagar — will be ready. While the first three are ready, a lot of work needs to be done on the remaining five. Nagpur Metro trains can pass through incomplete stations unlike other Metros. So, they will not create any obstruction.

                “The distance from Khapri to Sitabuldi is 13km and that from Lokmanya Nagar to Subhash Nagar is 6km. Thus, 19km out of the total 38km will be ready soon,” he further said.

                “The process for getting approvals from Research, Design and Standards Organization (RDSO) and Commissioner of Railway Safety (CMRS) has started and many compliances have been met. Soon, their teams will visit the city,” said the MD.

                The fare of Metro has already been decided by the state government. It will be Rs30 from Sitabuldi to Khapri and Rs23 from Lokmanya Nagar to Subhash Nagar. The fares for other stations have also been finalized.

                MahaMetro is working for making last mile connectivity available to Metro users. “An expression of interest (EoI) was floated for various modes and we have received excellent response. Agencies offering shared e-autos with app-based service have shown interest. Kinetic has agreed to provide e-scooters at our Metro stations. Ola Cabs is ready to provide taxis. We are in the process of obtaining permission from state government for plying e-scooters,” said Dixit.

                The Metro agency is working with Nagpur Municipal Corporation (NMC), National Highways Authority of India (NHAI) and Public Works Department (PWD) for developing footpaths and cycle tracks near Metro stations.

                Special coach for women

                MahaMetro has decided to reserve one of the three coaches for women. These coaches known as ‘Nari Shakti’ will have posters indicating their status. Electronic signboards on Metro platforms will also indicate their location. Other Metros in India also have such coaches and reserve seats for women inside the other coaches.

                Bicycles, e-cycles on hire

                Metro MD Brijesh Dixit formally inaugurated the bicycles and e-cycles to be made available for hire at stations. You will have to use mobile apps for using them. Their rent is Rs1 for 10 minutes, Rs300 per month for bicycles and Rs600 for e-cycles. You will park the cycle at your destination and Metro’s contractor will pick it from the site if you don’t want to come back. Another person can use it from that location. E-scooters would also be made available soon.











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                • Re : Nagpur Best place for Real Estate Investment

                  NMC to organize special camps to identify owners of open plots

                  TNN | Feb 2, 2019, 03:25 IST

                  Nagpur: Nagpur Municipal Corporation is facing a huge problem in recovering tax from open plot owners as NMC has no record of their ownerships. Against 1.25 lakh such open plots in the city, NMC is yet to identify owners of 68,250 plots, said additional municipal commissioner Ravindra Thakre. He said the NMC has approached both the city survey offices to identify owners of open plots so that it can speed up the tax recovery.

                  Addressing media persons here on Friday, Thakre said recently owners of two such plots turned up in the NMC office after their properties were auctioned following defaulting on property tax.

                  Citing examples, Thakre said one Nirmala Bhoyar owned an open plot in Pannase Layout and had defaulted on property tax of Rs56,274 since last many years. As NMC had no details about the owner, it published a notification about auctioning the property as her tax dues including penalty has crossed Rs1.47 lakh. Following due procedure, recently the NMC auctioned the open land for Rs71.50 lakh. Later, she turned up and expressed her willingness to clear the dues. Not only did Bhoyar clear the tax dues but also paid Rs3.57 lakh to the person who had purchased her property.

                  To avoid such repetition, the NMC is organizing special camps from February 4 to 16 for all open plot owners for mutation of their properties. Special counters will be opened at all the 10 zones and one at NMC’s headquarters in Civil Lines.

                  Meanwhile, the NMC has achieved 30% of the Rs509 crore property tax target for the current fiscal. Yet, it has not yet distributed over 1 lakh invoices to the tax payers. “The remaining tax invoices will be distributed by February end and the NMC will achieve target easily,” he said .





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                  • Re : Nagpur Best place for Real Estate Investment

                    Funds to flow in Nagpur for existing, proposed works

                    Anjaya Anparthi | TNN | Updated: Feb 2, 2019, 05:56 IST

                    Representative image

                    NAGPUR: The city has not got any new big development project from the union budget, but a slew of ongoing and proposed projects have reportedly got provision of funds for completion or continuation.

                    BJP city president Sudhakar Kohle said the city is all set to feature among top cities of the country once ongoing projects are completed. “PM Narendra Modi, union minister Nitin Gadkari and CM Devendra Fadnavis had approved large number of projects in last four years. Number of projects in last four years are many times more than those obtained in over 60 years. Our target is to finish the ongoing projects. This budget was for poor, labour and farmers sectors,” he said.

                    Congress city president Vikas Thakre said the budget was a big jolt to the city. “All were expecting some big projects for the city with Gadkari at the centre and Fadnavis at the helm of the state. Ongoing Metro Rail project, works related to drinking water infrastructure etc were all planned by the Congress government. Therefore, BJP has totally failed to ensure city’s development,” he said.

                    Former mayor and BJP corporator Pravin Datke said provisions of funds for proposed projects like international sports stadium and regional centre of Sports Authority of India (SAI), Smart City, AMRUT etc have been made in the budget. “Schemes under which ongoing projects were approved have been continued. Therefore, all these projects will be completed within deadline and without paucity of funds,” he said.

                    Shiv Sena group leader in NMC Kishor Kumeriya said the budget was a big disappointment for the city. “Sena welcomes projects like Metro Rail, cement roads, flyovers etc. But these projects are planned for city’s future. The government has failed to understand actual needs of the city. Lakhs of people are residing in outer areas where there are no basic amenities like drinking water, power, street lights, sewage, roads etc. A special package for executing works should have been announced in these areas under AMRUT or any other scheme,” he said.

                    Metro Rail phase-II of Rs11,216 crore is also missing from the budget as union cabinet is yet to clear it. Probably, the proposed project will find place in final budget to be presented in July.

                    Comprehensive mobility plan of Rs33,284 crore including Metro Rail phase-II and Bus Rapid Transit System (BRTS) also did not feature in the budget.

                    BJP leaders were expecting some defence related projects in MIHAN, but that too did not materialize.

                    During his city visit a couple of months ago, finance minister Piyush Goyal, who is also railway minister, had announced a high speed rail corridor along Samruddhi Mahamarg. But the project was not there in the budget.

                    FUNDS FOR EXISTING PROJECTS

                    * Metro Rail Phase-I

                    * Smart City’s area-based development

                    * Drinking water supply scheme for unauthorized layouts under AMRUT

                    * Nag river pollution abatement and beautification projects

                    * NHAI projects like Outer Ring Road, Pardi, Sadar flyovers

                    * Affordable housing schemes proposed by NIT, NMC

                    * Six laning of Bhandara highway, four laning of Katol and Umrer roads







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                    • Re : Nagpur Best place for Real Estate Investment

                      Bombay high court grants status quo on Bhamti flat scheme

                      Anjaya Anparthi | TNN | Feb 3, 2019, 08:03 IST


                      Representative image

                      NAGPUR: The Nagpur bench of Bombay High Court granted status quo on construction of G+11 floor flat scheme by Prayag Developers at Swawlambi Nagar (mouza Bhamti). The Process Server Co-operative Housing Society members and office-bearer Sanjay Nakhate had filed a writ petition in the HC challenging the building plan sanctioned by the Nagpur Municipal Corporation (NMC).

                      Judges RK Deshpande and Vinay Joshi on Friday asked the parties to maintain status quo. “Issue notice to the respondents for final disposal of the matter returnable on March 29. The learned assistant government pleader waives service of notice to the respondents (state government, city survey office and competent authority of Urban Land Ceiling,” the judges said.

                      TOI had carried a series of stories related to the case. The petitioners had attached a copy of TOI’s story while submitting it to the court.

                      Representing the petitioners, advocate M Anilkumar Shankarlal prayed for cancellation of building plan sanction given by the NMC. They also sought an independent enquiry into the working of the City Survey Office No-3, the ULC department be made to disclose all vacant and excess lands which were declared in excess as per Section 8(4) of the Urban Land (Ceiling and Holdings) Act, 1976, restore the same to the government and mutate the name of the government in all records and also restore all such lands held by unauthorized person.

                      As per the petition, the society owned 6.16 acres land (khasra no.s 89/1, 90/1 and 91/1). It had handed over the possession of land to NIT on May 13, 1981. Then, the society had requested NIT to release the land for the purpose of providing housing and other amenities to it’s members.

                      Accordingly, the NIT had approved the layout and also executed an agreement with the society on September12, 1981. The society’s layout had public utility (PU) land of 25,850 sq.ft and it was reserved for a veterinary hospital in the city’s development plan (DP).

                      “Sill, the mischief is played by the respondent No. 5 (Nalini Bute) to grab the land in collusion with the officials of the respondents — government, city survey office and NMC,” the petition alleged.

                      As per the petition, Bute had allegedly given some wrong information to the ULC and accordingly an order was passed in her favour showing her ownership on 16,140 sq.ft of the total 25,850 sq.ft reserved for the veterinary hospital. On the basis of ULC order, Bute had allegedly managed to convince City Survey Office, the petition says.

                      On December 2, 2015, the NMC had sanctioned flat scheme of Prayag Developers on 16,140 sq.ft land despite owned by the NIT and reserved for veterinary hospital. After objections of the society, the civic chief had granted stay on the construction and also cancelled the building plan sanction.

                      Then, Bute and Prayag Developers had filed a petition in the HC that directed the civic chief to hear all parties before taking any decision. As per the petitioners, the NMC had again sanctioned fresh building plan sanction on May 29, 2018 without hearing them and despite some structure existing on the land.

                      On the society’s complaint, the civic chief had stayed the construction which was lifted on December 26, 2018 considering alleged wrong information of City Survey Office.








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