Nagpur Improvement Trust requests approvals for 500 plots

05 Oct 2021 CW Team

However, in its ongoing battle with NMC, NIT refuses to give up the Rs 125 crore that the civic body has recovered from these plot owners.

In a meeting on October 4th, the NIT board of trustees will make a final decision in this regard.

On 27th August 2019, the state government took away NIT's powers and made the NMC the city's sole planning authority. In the areas transferred from the NIT, the NMC had approved building plans, issued RLs, and given other approvals.

The government restored NIT's powers on April 9th of this year. The NMC had taken charges in over 500 cases while the process of sanctioning building plans, issuing RLs, and other approvals were still in progress.

All of the cases had to be transferred to NIT by the NMC. Although people had paid NMC fees, NIT is now requesting fees from plot owners.

The NIT administration has now proposed that charges paid to the NMC be verified by requesting copies of receipts and other documents. If the norms are followed, the NIT will approve the building plan, issue the RL, and grant other approvals such as plot amalgamation, division, mutations, and so on.

Simultaneously, the NIT administration has said that it will suffer a financial loss of Rs 125 crore.

The NIT's refusal to give up the Rs 125 crore in revenue will prolong the conflict between the two agencies.

Guardian minister Nitin Raut and president of the City Congress Committee Vikas Thakre, who is also a trustee in the NIT, want the NIT to recover Rs 125 crore from the NMC. The two leaders were crucial in restoring NIT's authority.

Image Source

Also read: Kerala government yet to take over 8,000 acres of surplus land

The Nagpur Improvement Trust (NIT) administration has proposed to sanction building plans, issue regularisation letters (RL), and give other approvals to those who have paid charges to the Nagpur Municipal Corporation (NMC) in a major relief for over 500 plot owners. However, in its ongoing battle with NMC, NIT refuses to give up the Rs 125 crore that the civic body has recovered from these plot owners. In a meeting on October 4th, the NIT board of trustees will make a final decision in this regard. On 27th August 2019, the state government took away NIT's powers and made the NMC the city's sole planning authority. In the areas transferred from the NIT, the NMC had approved building plans, issued RLs, and given other approvals. The government restored NIT's powers on April 9th of this year. The NMC had taken charges in over 500 cases while the process of sanctioning building plans, issuing RLs, and other approvals were still in progress. All of the cases had to be transferred to NIT by the NMC. Although people had paid NMC fees, NIT is now requesting fees from plot owners. The NIT administration has now proposed that charges paid to the NMC be verified by requesting copies of receipts and other documents. If the norms are followed, the NIT will approve the building plan, issue the RL, and grant other approvals such as plot amalgamation, division, mutations, and so on. Simultaneously, the NIT administration has said that it will suffer a financial loss of Rs 125 crore. The NIT's refusal to give up the Rs 125 crore in revenue will prolong the conflict between the two agencies. Guardian minister Nitin Raut and president of the City Congress Committee Vikas Thakre, who is also a trustee in the NIT, want the NIT to recover Rs 125 crore from the NMC. The two leaders were crucial in restoring NIT's authority. Image SourceAlso read: Kerala government yet to take over 8,000 acres of surplus land

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..