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Latest developments in Nasik real estate


Latest developments in Nasik real estate

Last updated: July 10 2015
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  • #11


    Re : Latest developments in Nasik real estate

    Mayor to seek change in development plan norms during visit to CM

    NASHIK: City mayor Yatin Wagh on Wednesday said he would seek chief minister (CM) Prithviraj Chavan to make necessary amendments in the development plan (DP) manual of the state government when Wagh meets him on Thursday in Mumbai.

    The DP of the municipal corporations in Maharashtra is chalked out as per the guidelines in the DP manual 1962 of the state government. The officials concerned follow the guidelines of the DP manual while chalking out the DP of the particular manual. But amendments have not yet been made in the DP manual so far.

    Wagh said, "We are meeting CM Prithviraj Chavan to hand him over the resolution of the general body meeting (GBM) of the NMC concerning the cancellation of the draft DP of the city and to extend the time limit to make a fresh DP by the government official under the guidance of the municipal commissioner. We will also urge the CM to update and make necessary amendments in its DP manual and other concerned laws as per the current scenario, since the laws have not been updated for the past many yearsThere is a need to check whether the laws are applicable in today's scenario."

    He further said," There is a need to check norms considering the population density while projecting the population growth when chalking out the DP of the city."

    He, however, avoided divulging more details concerning the issue.

    "There is a DP manual of the state government. The officials concerned prepare the draft of the DP of the municipal corporations in the state as per the guidelines of the DP manual, According to which, the population density can't be projected more than 250 persons per hectare while making the development plans of the city. The residential areas need to be increased as per the standard measurement of density of population. There is still no amendment in the DP manual concerning that," a senior government official from the town planning department, on the condition of anonymity, told TOI.

    After an expiry of the DP in 2010, the state government had set up a special DP unit to chalk out the new DP of the city for the next 25 years, projecting population growth of 34 lakh by 2036 from 14 lakh as per the 2011 census. As per the population density of the 250 persons per hectare, the residential areas were increased from existing 5,875.36 hectares to 13,851 hectares in the new DP to accommodate the projected population. It means, 7,975.64 hectares were added in the residential areas to accommodate the additional projected population of 20 lakh people. For that, agriculture areas were converted into yellow zone (residential), thereby reducing the green belt from existing 9,036.49 hectares to just 4,039.83 hectares.

    Speaking to TOI, a builder said, "One floor space index (FSI) is applicable in the city. The construction areas of one lakh sq ft can be made in one hectare land with around 175 flats of 500 sq ft to 700 sq ft areas. Around 150 families with a population of 750 to 800 can be accommodated in these areas. Twenty to 30 years back, the growth of the city was horizontal as maximum residential structures were in the form of tenements, separate houses or bungalows. But today, the maximum height permissible is up to 40 m, which accommodates around 12-storey buildings with stilt. The proposal of the civic administration to increase the height of the buildings to 45 m is pending with the state government for approval. It means, the density of population of the city has definitely increased and will go more than 500 persons per hectare as the city develops in future."

    President of the Confederation of Real Estate Developers' Association Nashik, Kiran Chavan said, "All the laws concerning the DP have become outdated; there is a need to update them after studying other developed cities of the world like London and Singapore.

    The density of population should not be considered while chalking out the DP. Instead of 25 years, the DP of a city should be made keeping in mind the next 100 years. Accordingly, the plans of roads, residential zones and other amenities should be made. An internal level consultant should be appointed while chalking out such plans.

    Moreover, we must insist for the town planning (TP) scheme instead. The municipal corporation concerned will get 40% of the land free of cost if the TP scheme is implemented."

    Mayor to seek change in development plan norms during visit to CM - The Times of India
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    • #12


      Re : Latest developments in Nasik real estate

      MIDC plans to acquire land for Sinnar-Eklahare railway line project by Jan

      NASHIK: The Maharashtra Industrial Development Corporation (MIDC) on Saturday said the land acquisition for the Sinnar-Eklahare railway line project is expected to be completed by January-end next year.

      The MIDC has proposed to lay a 32-km railway line between Eklahare to the special economic zone (SEZ) in Sinnar for transporting coal for the thermal power plant. Accordingly, the measurement of 173 hectares of land across all 10 villages was completed in August 2013.

      Speaking to TOI, a senior MIDC official said, "We have already completed measurement of the land for the project and the proposal seeking permission for the commencement of further procedure (32/1 notices) has been sent to the state government. The procedure of awarding total payment for acquisition of land in the name of the district collector will begin once the state government gives approval to the proposal. The process of distribution of payments to the concerned farmers against land acquisition will begin thereafter."

      "We are expecting that the state government will give the approval by November-end and further procedure will begin thereafter. The farmers had opposed the procedure to measure the land, but we have settled all their issues and convinced them to give their land for the pivotal project, which will fuel the growth of Sinnar as well as Nashik district, thereby generating employment opportunities," he said.

      The district authority along with MIDC had held meeting with the project-affected farmers from all 10 villages in November 2012 and offered Rs 35 lakh per acre for arable land and Rs 17.5 lakh per acre for non-arable land. The price was higher than the earlier offer of Rs 30 lakh for arable land and Rs 15 lakh for non-arable land.

      Indiabulls Realtech Ltd (IRL), a subsidiary of Indiabulls Power Ltd, and MIDC are jointly setting up a thermal power station at Sinnar with a capacity of 1,350 MW.

      For the purpose, a 32-km railway line is to be laid between Eklahare and Sinnar by acquiring from 10 villages, including Eklahare, Hinganwedhe and Jakhori in Nashik tehsil; Jogaltembi, Naygaon, Deshvandi, Patpimpri, Baragaon Pimpri and Gulvanch in Sinnar tehsil and Pimpalgaon-Nipani in Niphad tehsil.

      MIDC plans to acquire land for Sinnar-Eklahare railway line project by Jan - The Times of India
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      • #13


        Re : Latest developments in Nasik real estate

        Surat-Nashik road connectivity on the cards

        NASHIK: Road connectivity between Surat and Nashik is set to improve, with the Gujarat government taking up paving work of the Surat-Nashik Road, Gujarat principal secretary S S Rathore said in Nashik on Saturday.

        Rathore, principal secretary, department of roads & buildings of the Gujarat government, was attending a engineers' award presentation at the Nashik centre of The Institution of Engineers (India) on Saturday. "We are focusing on improving connectivity between Gujarat and Maharashtra, from Surat to Saputra, which is the border of Gujrat adjacent to Nashik district. We have already handed over a road to the National Highway Authority of India (NHAI) for widening. Around 98 per cent work has already been completed, while the rest of the stretch before Saputara is to be developed shortly," Rathore said at the programme.

        Rathore said, "We are planning to develop 18,000 km of roads across the state of Gujarat over the next few years. We have improved connectivity between districts. We have also improved road connectivity in 98 per cent of villages. We have decided to resurface roads that are over seven years old."

        S Subrahmanyan, managing director of Hindustan Aeronautics Ltd (HAL) said, "There are several technological challenges and engineers must focus on finding solutions over these. They must be innovative to bring quality and competitiveness."

        Sanjay Khandare, Nashik Municipal Corporation (NMC) commissioner also attended the event.

        Various engineering awards instituted by the Nashik local centre of The Institution of Engineers (India) were presented at the event to Anil Lodha, Nayana S Rao, Rajesh Atmaram Patil, Chandrashekhar N Kulkarni, Rajan Bhagawat, professor Prakash Kadave, Naresh Sahare, Vikas Agrawal, Ghanashyam Patil, Atul Jadhav, Sopan Talekar, Shrikant Agarkar, Smita Paithankar, Manisha Suryavanshi and Priyanka Shirude.

        Surat-Nashik road connectivity on the cards - The Times of India
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        • #14


          Re : Latest developments in Nasik real estate

          1,744 of total 5,092 housing societies get deemed conveyance

          NASHIK: Around 1,744 of the total 5,092 housing societies in Nashik have got conveyance deeds from the office of the Deputy District Registrar (DDR) so far.

          The office of the DDR has also urged the rest of the housing societies to approach the office and file applications for deemed conveyance. The letters in this connection have been sent to the housing societies which have still not got the conveyance deed.

          There are around 5,092 housing societies registered with the office of DDR, of which, around 4,500 societies alone are in Nashik city. The conveyance deeds of around 65% of housing societies are yet to be executed.

          The state government recently made amendments in the Maharashtra Ownership of Flats & Apartments Act (MOFA) 1963, for its effective implementation. Accordingly, the DDR has been appointed as the competent authority for the implementation of MOFA. Builders will now have to register the societies within four months once 60% of the total flats in the building project are sold. It is also mandatory for the builder concerned to execute the conveyance deed immediately after the registration of the society. In short, the ownership of property should be in the name of the societies or apartments concerned in the 7/12 land extract.

          Speaking to TOI, DDR Sunil Bansode said, "As per the directive of the state government, we had conducted a special drive of deemed conveyance for the housing societies which had not got the deed in May and June. Around 1,744 of the 5,092 housing societies have been given deemed conveyance so far. Moreover, we have also sent letters to all societies across the district to approach the DDR office to get deemed conveyance. Our major focus is to implement the act and make 100% execution of conveyance deed in the housing societies."

          "We have also started updating information of housing societies online. We had recently appointed a team of 30 employees to update information of housing societies pertaining to the name of the chairpersons of the societies, their audits and other such details. Information of around 90% of the housing societies has been updated so far," he added.

          1,744 of total 5,092 housing societies get deemed conveyance - The Times of India
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          • #15


            Re : Latest developments in Nasik real estate

            Encroachments removed along Mum-Agra highway

            NASHIK: Food and tea stalls, and other illegal structures along the Mumbai-Agra highway were on Thursday removed by the civic body's anti-encroachment department in co-ordination with the National Highways Authority of India (NHAI) and the city police.

            Hoardings put up by political parties were removed too.

            Sources in PNG Tollways, the company asked to help with developing the road and collecting toll, said the drive anti-encroachment drive was conducted in two sessions on the stretch of the highway between Pathardi Phata and Dwarka.

            Commissioner of Police Kulwant Kumar Sarngal said officials of the NHAI had approached him for protection during the encroachment drive. Police personnel were deployed for the purpose, he said.

            Sources in PNG Tollways said the drive would be conducted more often as the encroachers tended to return to the place they were removed from.

            A number of Chinese food and tea stalls are set up on the stretch between Pathardi Phata and Dwarka. Also, flower vendors at Mumbai Naka, most of who are children, obstruct the traffic that poses a danger for them too.

            The vehicles parked at the garages on the highway's service road also obstruct passage. Sources in PNG Tollways said an anti-encroachment drive concentrating on the garages would be conducted soon.

            On being asked about a parking facility for autorickshaws and taxis at Dwarka, officials from the PNG Tollways said they would reduce the size of the traffic islands at the junction to create a 1.5 metre-wide lane on the service road to accommodate these vehicles. The police and association of rickshaw and taxi drivers had suggested such an arrangement.

            Encroachments on the median of the highway and on the service road that passes through the city have become a major issue as vehicles are seen moving at a slow pace in spite of the road's widening.

            Encroachments removed along Mum-Agra highway - The Times of India
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            • #16


              Re : Latest developments in Nasik real estate

              Five beneficiaries given houses at Nilgiri Baug

              NASHIK: Five beneficiaries of the Nilgiri Baug housing scheme for the urban poor under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) were handed over the keys of their housing units on Wednesday. These beneficiaries were among the 80 people who were allotted the houses through a draw of lots in February.

              The allotment was done for one of the 10 buildings of Nilgiri Baug in prabhag II on Aurangabad Road, Panchavati.

              "The beneficiaries were selected category-wise. Those who have paid the entire amount (mandatory for them) have been selected for taking possession of their houses as the representatives of all the 80 beneficiaries. Three people from the backward classes and two from the open category have been handed over the keys of their houses. For the backward classes beneficiaries, the mandatory amount to be paid is Rs 14,500, while for the open category it is Rs 17,500," slum rehabilitation officer of the NMC Yashwant Ogle said.

              State revenue minister Balasaheb Thorat, president of the Maharashtra Pradesh Congress Committee Manikrao Thakre, MLC Ashok (Bhai) Jagtap, MLA (Nashik East) Rajaram Pangavhane, mayor Yatin Wagh, municipal commissioner Sanjay Khandare and corporators Sunita Nimse (NCP) and Uddhav Nimse (Congress), in whose wards the scheme is located, were present for the function conducted in the afternoon.

              The corporators spoke about the scheme while mayor Wagh assured that the tempo of the developmental works will continue. "Now the government should sanction funds for the Kumbh Mela at the earliest so that more developmental works can be completed. Though the MNS is in power here, we have never discriminated between parties and have come here for this project in Nimse's (NCP & Congress) prabhag," he said.

              Thakre said, "If the NMC keeps following up with the government, more houses can be provided to the poor."

              Thorat said that the state-level officials in-charge of the Kumbh Mela are now having final-level discussions and soon, the funds will be made available.

              Five beneficiaries given houses at Nilgiri Baug - The Times of India
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              • #17


                Re : Latest developments in Nasik real estate

                Acquisition talks with Dindori farmers inconclusive

                NASHIK: The district collector's negotiations with the farmers from Dindori for the acquisition of 361 hectares of land at Talegaon and Akrale villages in Dindori tehsil remained inconclusive on Friday as very few farmers participated in the talks. District collector Vilas Patil has again called a meeting of farmers on Saturday when the land acquisition rates are likely to be announced.

                As only about 10% of the total farmers were present for the negotiations, the collector has urged the rest of the farmers to remain present for the meeting around 2pm on Saturday at the district collectorate.

                Earlier, the farmers had sought a rate of Rs 60 lakh per acre for the acquisition of the land, but the collector said he will announce the rates only after holding talks with all the farmers.

                "We have already held talks with the farmers from Yeola, Gonde and Sayane in the district and we have received positive response. The rate of Rs 60 lakh per acre is very high, but proper rates will be announced for acquiring land for industry at Dindori. We will announce the rates once we interact with all the concerned farmers," Patil said.

                "Besides the monetary compensation, the project-affected people ( PAP) or farmers will also get 15% for developing their total farmland. The land under 15% quota will be given if the project-affected people come together and ask MIDC for it. They can sign memorandum of understanding (MoU) with an entrepreneur and provide give their lands on lease for housing society purpose," Patil added.

                The MIDC has earmarked around 5,000 hectares of land at various locations across the district for the industries, which are in different stages of land acquisition. With an aim to speed up the land acquisition process, the district collector has started holding negotiations with the farmers from last week.

                The collector had held negotiations with the farmers for land acquisition at Gonde, Yeola and Sayane in the district last week. The MIDC has marked 128 hectares of land at Gonde village near Igatpuri and 494 hectares at Sayane near Malegaon. Moreover, 109 hectares had been earmarked at Yeola for a proposed textile park.

                Acquisition talks with Dindori farmers inconclusive - The Times of India
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                • #18


                  Re : Latest developments in Nasik real estate

                  Penalty for defaulters of property tax: Nashik Municipal Corporation

                  NASHIK: The civic body has decided to penalize property owners who fail to pay their taxes by December 31.

                  The owners will be fined 2% of their monthly property tax and the amount will be included in the next bill.

                  The Nashik Municipal Corporation (NMC) would earlier send property tax bills for the entire financial year. But it has introduced a half-yearly system this fiscal year - 2013-14. The bills for both the periods - April 1 to September 30 and October 1 to March 31 - were sent to property owners this year.

                  The civic body has made it mandatory for the bill payments to be made by December 31. The 2% fine on the total property tax is applicable thereafter.

                  A civic official told TOI, "The decision to impose the fine has been taken with an aim to increase the NMC's revenue through property taxes. The civic body is already facing the heat from the decline in revenue through the local body tax. The half yearly bills have been introduced to reduce the burden on property owners of paying the entire tax amount at one time."

                  He further said, "We have tied up with a private bank for the property tax collection. The owners can pay their taxes at any branch of the bank in the city." The NMC has earned Rs 40.26 crore in the first half (April-September) of the current fiscal year, against the Rs 25.69 crore it collected in the corresponding period last fiscal.

                  Penalty for defaulters of property tax: Nashik Municipal Corporation - The Times of India
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                  • #19


                    Re : Latest developments in Nasik real estate

                    CREDAI threatens strike over RR rates

                    NASHIK: The Confederation of Real Estate Developers' Association of India (CREDAI) on Friday urged the state government to roll back the increase in the ready reckoner (RR) rates and warned of going on strike if it did not revise the RR rates immediately.

                    A CREDAI delegation will meet the chief minister Prithviraj Chavan on Saturday during his visit to Nashik and will submit a memorandum seeking rollback in the RR rates. The association has also decided to meet the state revenue minister on Wednesday on the issue.

                    Speaking at a press conference, Kiran Chavan, president of CREDAI, Nashik, said: "The state has hiked plot rates up to 40%. Besides, additional 40% valuation is to be added for uploading TDR (transfer of development rights). It means a plot, which cost Rs 10,000 per sq m earlier, would cost up to Rs 18,000 per sq m."

                    The real estate sector is facing recession for the past two years and the business has been badly affected, Chavan said. At this juncture, it was expected from the government to boost the real estate sector, but it has tried to hamper the growth of the sector by substantial increase in RR rates.

                    Chavan added, "The deals in plots and properties have already stopped due to recession and the increase in ready reckoner rates will completely stop transactions or procurement and sale of properties and plots. This will also affect the revenue of the government. Hence, we demand immediate roll back of the present hike in rates. We have decided to go on strike if the government did not roll back rates."

                    As per the revised RR rates effective from January 1, the increase in land or plot rates have been in the range of 10% to 48.93%, while the rates of residential properties like flats and row houses have been increased by 18.04-34.36%. The increase in the rates for commercial properties like shops and offices has been in the range of 1.62% to 30.5%.

                    CREDAI threatens strike over RR rates - The Times of India
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                    • #20


                      Re : Latest developments in Nasik real estate

                      NMC to appoint agency to approve building plans online

                      NASHIK: The Nashik Municipal Corporation (NMC) is planning to appoint a private agency to create an online approval system for building construction plans on Build, Operate and Transfer (BOT) basis.

                      At present, the process of approving the building plan is done by the town planning department of the municipal corporations in the state. However, the process ends up getting delayed by three to six months, and sometimes even more. As per the rules, building plans must be approved within 40 days, but the same does not happen in practice, thereby causing delays in the project. This also costs the builders monetarily as the interest rates on the loans taken by them also continue, according to sources.

                      The civic administration is working on speeding up the process of approving building plans, as a part of which, the online system is to be developed shortly. This will also save time of builders and developers.

                      Speaking to TOI, an official from the NMC said, "Our objective is to reduce the time taken in the process of approval to building plans. The decision to make this process online has been taken on the lines of Mumbai and Pune municipal corporations. There will be no need to come to the office of the municipal corporation to submit proposals for approval of building plans. The applications and building plans will be submitted online. But the municipal officials will conduct surveys and other necessary inspections before giving their approval."

                      "Eight months back, we had appointed a private agency to create the online system for approving building plans, but the concerned agency did not complete the work. Hence, we cancelled the contract. Now, we are planning to appoint a new private agency on BOT basis. We have set a deadline of next six months to implement the online system," he added.

                      NMC to appoint agency to approve building plans online - The Times of India
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