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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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  • #31


    Re : Latest developments in Nasik real estate

    ‘80% buildings in Nashik ignoring fire safety norms’

    ‘80% buildings in Nashik ignoring fire safety norms’ - The Times of India
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    • #32


      Re : Latest developments in Nasik real estate

      Credai eyes Rs 500 cr business next year

      NASHIK: After a year of bad luck in the real estate market, Credai Nashik is expecting Rs 500 crore business in the next few months. The four-day real estate exhibition Shelter 2014, which got underway in the city from Thursday, is drawing good response from citizens.

      The exhibition got underway on Thursday at the Dongre Hostel ground in the city. The exhibition will be open between 11am and 9pm.

      Jayesh Thakkar, president of Credai Nashik, said, "The industry has been facing recession for the past one-and-a-half years. But now, we are gradually coming out of recession. The exhibition will definitely help us to get good business and we are expecting business worth Rs 500 crore in the coming few months."

      He said the builders are also giving some good schemes to the consumers, who have a good opportunity to select the home of their choice at a single platform. Over 120 builders have showcased over 500 residential projects at the exhibition.

      "Our objective is to help consumers buy properties at the location they want with various options at single place within their budget. The prices of the properties put on display in the exhibition are in the range from Rs 15 lakh to Rs 2.5 crore," he said.

      This is the seventh edition of the Shelter, the largest real estate exhibition in North Maharashtra. The exhibition has 328 stalls, including 180 stalls of builders, 40 stalls from banking and financial institutes and rest of the stalls from the building and material suppliers.

      Credai eyes Rs 500 cr business next year - The Times of India
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      • #33


        Re : Latest developments in Nasik real estate

        Gold shines, vehicles vroom, realty limps - The Times of India
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        • #34


          Re : Latest developments in Nasik real estate

          How would you invoke new land act: HC to officials

          NASHIK: Land owners of Pimpalgaon Khamb, whose lands are to be acquired to construct sewage treatment plant, claimed on Thursday that the hearing of their objections did not take place at all. They had filed a petition in the Bombay high court.

          The land owners said section 6 of the Land Acquisition Act and section 4 would be quashed due to the new land act and also since there had been a gap of over a year between the issuance of the two notices under the two sections. Section 6 includes publishing a declaration of acquisition while section 4 includes the preliminary notification that the land is to be acquired.

          The divisional bench of Justice Abhay Oka and Justice AP Bhangale were hearing the matter on Thursday. The HC asked the officials to seek the help of the divisional commissioner and also let them know how they would initiate the new land act to acquire the lands.

          "We challenged the government officials that the hearing was not conducted by the special land acquisition officer (SLO). Without that notice under section 6 cannot be given and hence section 6 should be quashed. Also, the period between notices served under section 4 and section 6 should not be more than a year. But it is more than a year in this case," said lawyer of the petitioners Anil Ahuja.

          Ahuja added that section 4 is also automatically quashed with section 6 being quashed. "The court now asked the civic body and the SLO to take instructions from the revenue commissioner if fresh section 4 can be issued but the entire Act has lapsed due to the new LA Act 2014. So, whatever decision is taken has to be taken as per the new Act and hence the entire proceeding will be quashed," the lawyer said.

          The final order is expected on Tuesday and the officials are required to make a statement how they would ensure the initiation of the acquisition as per the new Act.

          SLO Bhimrao Shinde said, "It is an administrative lapse. The hearing was conducted by my predecessor. We made a report later as per the objections. We gave the report to the government. The record of the report was not made. It is an administrative mistake. We will discuss with the district collector about what can be done."

          How would you invoke new land act: HC to officials - The Times of India
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          • #35


            Re : Latest developments in Nasik real estate

            3rd list to auction properties of 40 tax defaulters released

            NASHIK: The Nashik Municipal Corporation has announced third list for auctioning properties of 40 tax defaulters.

            The defaulters' properties will be auctioned at Rajiv Gandhi Bhavan — the headquarters of the municipal corporation at 4 pm on April 28.

            The NMC had confiscated properties of these tax evaders and had given them a 21-day deadline to pay tax dues and release their properties, which they failed to do. Finally, the civic body issued a public notice for auctioning their properties on February 28.

            Speaking to TOI, an official from the NMC said, "We have decided to continue our property tax recovery drive by confiscating and auctioning properties of the tax defaulters. This is the third list for auctioning properties of 40 tax defaulters, who did not pay their tax dues despite warrants. Finally, we confiscated their properties, giving them an ultimatum of 21 days to pay dues and release their properties, which they did not. Finally, we decided to their auction properties. These 40 defaulters have tax dues worth Rs 13.5 lakh."

            He further said, "Initially, we had put on auction properties of 76 tax defaulters on April 10, but we did not receive any response from the bidders during auction. In the meantime, 28 defaulters released their properties by paying their dues. Finally, we decided to take over properties of the remaining 48 defaulters. Now, we have started the legal process for taking ownership of these properties. We recently released the second list for auctioning properties of 41 tax defaulters, which will be auctioned on April 22."

            The NMC has also introduced an incentive scheme to attract prompt response from property tax payers wherein a rebate of 5% will be given to the tax payers if they paid their annual property tax in April, 3% in case they paid the due in May, and 2% if they paid in June. Around 5,480 tax payers paid their annual tax amounting to Rs 2.4 crore in first fortnight of April.

            3rd list to auction properties of 40 tax defaulters released - The Times of India
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            • #36


              Re : Latest developments in Nasik real estate

              Tender process for property survey to begin soon

              NASHIK: The civic administration has decided to soon start the tender process for appointing agencies to conduct property survey in the city.

              Earlier, the Nashik Municipal Corporation (NMC) had decided to defer the survey till October in the backdrop of the Kumbh mela beginning from July 14. But after receiving directives from city mayor Ashok Murtadak to conduct property tax survey to avoid tax leakages and increase revenue, the civic administration has decided to carry out the tender process and appoint agencies before the mega event so that work could start immediately after Shahi parvanis in September.

              Speaking to TOI, an official of the NMC's property tax department said, "Earlier, we had decided to start the process for property survey in October. However, the mayor has given fresh directives to conduct it at the earliest. We will soon start the tender process to appoint the agencies for executing the task. We are planning to appoint four agencies for six divisions of the municipal corporation. We are expecting to appoint them before the commencement of Kumbh mela by June-end. In doing so, they will be able to commence the survey after three Shahi parvanis by mid-September."

              As per norms, it is mandatory on the part of civic bodies to conduct such a survey after every four years. However, no such survey has been conducted in the limits of the NMC since 1999. Property tax is charged on the basis of total construction of the structures. But, there are no records of additional constructions by the property holders, which is causing loss of property tax revenue. Moreover, there are properties without building completion certificates (BCCs) being used for residential purposes. The survey will help find out such properties and levy tax on them.

              In 2007, the NMC appointed an agency for conducting the survey, but the company concerned did not complete the task even after extending the deadline twice. Thereafter, the civic administration had blacklisted the company. Now, the NMC has moved the district court against the private firm and claimed compensation of Rs 70 crore for the losses.

              Tender process for property survey to begin soon - The Times of India
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              • #37


                Re : Latest developments in Nasik real estate

                Police appeal landlords to give info on tenants

                NASHIK: As a step to control the crimes in the city, the police have appealed to the people to provide information of their tenants to the police if they are renting out their properties.

                Senior police officials said many criminals live in rented places in the city. While there are needy people who have to take rooms or flats on rent, criminals take advantage of the situation to carry out their illegal activities.

                With lakhs of tourists and pilgrims expected in the city during the Kumbh Mela, there is a possibility of pickpockets and burglars targeting them. Besides, anti-national elements also may take the advantage of the situation, the officials said.

                The police said that they were taking action against landlords who had not furnished details about their tenants to the police. The action is taken under section 188 of the IPC for disobeying the order issued by a public servant.

                Property owners have to furnish the name of the tenant, age, date of birth, address, phone number, his antecedents, permanent address, a description of the property, police station under which the property comes, tenure of the lease contract, amount of rent and photo copies of the tenant's identity card, ration card, election card, PAN card and driving licence, among others.

                The police said that they had taken action against the erring landlords in the past after which a large number of people had come forward to provide information about their tenants. However, for the past one year, the action had lost steam following which the response from the landlords has also become lukewarm.

                Sheikh Lalbaba Farid, alias Bilal, an LeT member who had carried out a reccee of the Nashik police commissionerate and the Deolali army camp before he was arrested by the ATS from Satpur in September 2010, had taken a room on rent in the Satpur area.

                Police appeal landlords to give info on tenants - The Times of India
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                • #38


                  Re : Latest developments in Nasik real estate

                  Builders seek addl FSI on roads with widths less than 9m

                  NASHIK: The Confederation of Real Estate Developers' Association of India (CREDAI), Nashik and the Indian Institute of Architects (IIA), Nashik branch have welcomed the new proposed policy of the Transfer of Development Rights (TDR), but have asked that the state either continue the existing TDR untilisation limit on small roads with widths below 9m or increase the basic Floor Space Index (FSI) there from the existing 1 to 1.35.

                  The state has proposed a rise in TDR utilisation limit from the present 0.40 to up to 1.50 on roads with widths above 9m. This would help accommodate the TDR that would be generated due to higher TDR of up to 2.5 in civic limits in the state while acquiring the land from land-affected persons. But the state has removed small roads with a width of below 9m from the ambit of utilisation of TDR there. This means TDR utilisation would not be allowed on small roads with widths 6, 6.5 or even 7 (below 9m). But CREDAI Nashik and IIA Nashik have urged the state to continue the existing TDR utilisation limit on small roads below 9m.

                  Speaking to TOI, CREDAI Nashik president Jayesh Thakkar said, "Small roads with widths below 9m have been omitted from TDR utilisation facilities as per the new TDR policy proposed by the state. We are of the view that the state should at least continue existing the TDR utilisation limit of 0.40 on small roads. We are still studying the details of the new TDR policy and will file suggestions and objections in this regard thereafter."

                  He added, "Prima facie, the new TDR policy is good except one or two points and we welcome it. The state has increased the TDR generation limit up to 2.5 from the present 1 TDR. The move will definitely help the civic bodies to acquire the land free of cost and the land-holders will also surrender their land for civic projects due to an attractive TDR. We will soon hold a meeting of CREDAI members on the TDR policy and will decide the issues we have to raise."

                  President of IIA, Nashik Nilesh Chavan said, "The new TDR policy is really good and will promote vertical development of the city due to rise in TDR utilisation limit. The civic bodies will also get the land free of cost as land-holders will surrender their land for higher TDR. But the state has not applied TDR utilisation on small roads below 9m. Hence, the government should at least increase the basic FSI from the present 1 to 1.35 on small roads. Moreover, norms for parking should me made stricter. Overall, the new TDR policy as proposed by the state has been welcomed by us."

                  The government has proposed a rise in TDR limit up to 2.5 from the present 1 TDR in residential zones and 0.40 TDR in agricultural zones across the state (excluding Mumbai). The higher 2.5 TDR will be permissible in gaothan (congested areas) areas only, while 2 TDR will be permissible across the municipal corporation limits (in non-congested areas) apart from the gaothan areas, while acquiring the land against TDR. The state government has also proposed close to four times rise in TDR utilisation limit from the present 0.40 to up to 1.50 as per road widths for roads above 9m. Moreover, utilisation of TDR has been linked with the ready reckoner (RR) rates. Suggestions and objections are to be invited from the public on the issue. The final notification will be issued following hearing on these suggestions.

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                  • #39


                    Re : Latest developments in Nasik real estate

                    ‘Get copies of approved building plans’

                    NASHIK: The civic body has urged citizens to get copies of approved building plans from it while purchasing properties to ensure that they are not duped by the builders.

                    The Nashik Municipal Corporation (NMC) made the appeal after it found that the builders indulged in constructions other than the ones approved by the civic administration.

                    Following the municipal commissioner Praveen Gedam's orders, additional director of the NMC's town planning department Vijay Shende circulated a letter to the media asking people to get approved plans from the civic body. Accordingly, the building plans would be made available to the applicants within seven days. The minister concerned, builders and civic officials will hold a meeting on May 13 to discuss the matter.

                    "In many cases, we noted that the builders had done constructions other than what we had approved. Moreover, the NMC had not given completion certificates to the builders in several cases. The customers/buyers of the property do not have an idea about the kind of construction permission. The customers could be duped in such cases. Therefore, the municipal commissioner has urged citizens to ask for the plan approved by the NMC's town planning department to get an idea about the kind of construction permissions," said an NMC official.

                    He said the applicants will get photocopies of the building plan in seven days. They will have to bear only the charges of photocopies, he added.

                    The built-up and carpet areas presented by the builders while taking construction permission and the ones shown during sale deed differ a lot. Hence, they take permission for less area but sell more. Besidesm the NMC has also noticed certain discrepancies such as excluding cupboard space while seeking construction permission and including it when selling the property. According to the NMC, the builders were earning crores of rupees by doing so.

                    "There should be space below the window and cupboards should be constructed as well. However, covering balconies and terraces and making cupboard space part of habitable rooms are few of the violations. After noticing such violation, we brought it to the notice of the municipal commissioner. The builders now want to get the discrepancies regularised by paying penalty," the official said.

                    "Builders indulged in such irregularities and there was no check on them. We found these irregularities after inspection. The Confederation of Real Estate Developers' Association of India (CREDAI) has accused Shende of not functioning properly and complained to the municipal commissioner about it. It was Shinde who discovered the illegalities in buildings," he said.

                    He added that the builders and some corporators were putting pressure by demanding that the municipal commissioner should regularize the discrepancies in the constructions by charging penalty.

                    Speaking to TOI, Gedam said, "Builders and architects are aware that it is not within the powers of the municipal commissioner to give relaxation in floor space index (FSI). They are also aware that for doing so, changes need to be made in building code rules, for which they should approach the government. However, they are pressurising the local officers to do illegal things. Instances of past illegalities cannot be mentioned as precedent to continue with illegalities. Builders are legally bound to take money for the carpet area, for which approval is granted to them. It has come to our notice that they are selling more area than the approved plan, which amounts to cheating".

                    About the accusations against Shende, he said, "I have written to Credai demanding exact allegations against Shende in writing. However, it is yet to do so."

                    A city-based builder said on the condition of anonymity, "Our people want the business to go on but the municipal commissioner thinks that anyone working in this field is a criminal. In many cases, builders may have taken the approval but the construction work has not been started due to legal issues. There are a very few cases of cupboard space being included in the FSI."

                    Meanwhile, Shende, who was instrumental in discovering the discrepancies, is being transferred. A senior NMC official said on the condition of anonymity, "Seniors at the topmost level have told us about Shende's transfer. We are awaiting the transfer order, which is expected any moment."

                    ‘Get copies of approved building plans’ - The Times of India
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                    • #40


                      Re : Latest developments in Nasik real estate

                      'Giving building plans to consumer not illegal'

                      NASHIK: Municipal commissioner Praveen Gedam said there was nothing wrong in disclosing the building plan to the buyer and it was in the larger interest of the public. This was in response to the builders' dissatisfaction over the civic body's move to give plans to the consumers without consulting the former.

                      A day after municipal commissioner Praveen Gedam on May 13 urged the citizens to seek a copy of the building plan to avoid getting duped, builders came down heavily on the Nashik Municipal Corporation's decision.

                      "It is wrong to give the building plan to the consumer without seeking our approval," said a renowned city builder on conditions of anonymity.

                      "When a person is applying for loan approved by a financial organisation, the plan has to be submitted to the bank. Why should the plan be given to the consumer after the construction? All the builders are of the opinion that the plan should not be given to the customer without our consent," said another builder, who did not wish to be named.

                      An official of the NMC said that as per Sections 8 and 11 of the Development Control rules, there was nothing wrong in disclosing the plan to the citizens.

                      Gedam, in turn, said, "We are not disclosing any information regarding individual private houses. In any case, the builder himself discloses the map on flats and apartment schemes by way of brochures or by showing it to the potential customer. The builders themselves have made plans public by inviting offers to enter into a sale agreement with interested consumers. We are only allowing the consumer to cross verify them. If a builder raises objection on a consumer tallying the map shown by him to the actual map, the builder must fear discrepancy in the two. We have discussed the matter with the Right to Information experts before issuing the order and in our opinion the ultimate test whether the document is made public is 'in larger public interest'. In case of private houses, public interest is not solved by disclosing their plans. But in case of apartments which are offered for sale, larger public interest is served by disclosing them."

                      A consumer, on condition of anonymity, said, "The observations of the ADTP are right. Plans sanctioned by municipal engineers must have carpet area on the sanctioned plan without which they cannot be passed.

                      But the plans are nonetheless passed in collusion with the builders, the architect and the civic official and completion letters are also given. Is the municipal commissioner going to file criminal cases against such builders, architects and the NMC official since the plans do not follow the 2008 GR? The licenses of the architect and the builder should be cancelled by the municipal commissioner. Even those buildings which have got completion letters are not as per sanctioned plan — cupboard projections are enclosed, flats are shown smaller in the plan, the ground floor flat is constructed, less number/space of parking is given against the DC rules.

                      The flat on the ground floor is sold along with the compulsory open area, which the builders are not supposed to sell. Even if the buyer complains, the NMC officials turn a blind eye. Taking a legal course will take years of litigation and hence many consumers don't come forward."

                      As per the revised rules in the 2008 GR, property is to be sold as per the carpet space.

                      The GR also states that the total carpet space has to be mentioned in the building plan or else it cannot be sanctioned.

                      One of the consumers, who got the building plan from the NMC last year through RTI and has been fighting with the builder of his apartment, said, "The cupboard projections have been included in rooms, the top floor terrace is enclosed, ground floor and the open space cannot be sold yet. As per the GR, plans should mention the carpet area; otherwise, the NMC should not pass them. The approved plan and the completion letter should match. After getting the completion letter, the building society should be formed within four months. The builder does not form it as he wants to sell the open space."

                      'Giving building plans to consumer not illegal' - The Times of India
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