Nashik metropolitan authority to act against illegal cons

10 Oct 2023 CW Team

In a decisive move, Satishkumar Khadke, the newly appointed Commissioner of the Nashik Metropolitan Regional Development Authority (NMRDA), has affirmed the authority's commitment to take action against unauthorized constructions and encroachments within its jurisdiction. The NMRDA encompasses six tehsils, including Nashik, and parts of Trimbakeshwar, Dindori, Niphad, Sinnar, and Igatpuri.

Khadke, who assumed his role as Commissioner of NMRDA, has articulated a proactive stance towards addressing the issue of haphazard construction within the region. Officials are currently in the process of formulating a comprehensive development plan aimed at curbing unauthorized constructions and ensuring planned urban growth.

Furthermore, the NMRDA is expected to develop a strategy that emphasizes revenue generation and self-sustainability for the organization. Khadke stated, "We will soon prepare a plan and send it to the state government, stressing the creation of well-defined industrial and recreational zones."

Discussing the authority's measures against unauthorized constructions, Khadke pointed out the significant revenue losses incurred by the state government due to such activities. To rectify this, the NMRDA has initiated a process of issuing notices to owners of unauthorized constructions, urging them to regularize their properties in compliance with regulations.

The NMRDA's commitment to curbing unauthorized developments and promoting planned growth is a significant step towards fostering a well-structured and sustainable urban environment within the region.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..