Nashik Municipal Corp to bring new properties under tax

26 Jul 2021 CW Team

The Nashik Municipal Corporation (NMC) or civic body has decided to bring all the new properties immediately under the tax net online after issuing the Building Completion Certificate (BCC). It will avoid delays in levying the property tax.

As of now, the property owners have to apply to the Nashik civic body for levying the property tax after the town planning authority issues the BCC to them. The property tax has been levied on new properties after a long time due to various reasons, such as delays from the residents' side in applying for the levy of the property. It even affects the revenue generation of the civic body. A lack of workforce for many works can also be an issue in property tax.

Nashik Municipal Commissioner, Kailas Jadhav, has decided to boost the levy process of property tax to new properties immediately after issuing the BCC to the concerned new properties.

He instructed the Information and Technology (IT) sector to link the online town planning and property tax together. It will create a system by which the property owners will immediately receive the property tax online after the town planning department issues the BCC.

The Deputy Commissioner of NMC, Pradeep Chaudhari, said that the IT department is in the process of creating software to connect the town planning and property tax departments. Now, owners have to apply for property tax as soon as they receive the property bill after the issuing of BCCs to the owners.

Currently, NMC has a record of 4.5 lakh properties, and it is in the process to add even more new properties.

Image Source

Also read: Chandigarh civic body sends notices to properties over tax default

Real Estate

03 Jun 2026

Central Goa Sees Real Estate Growth Momentum

Central Goa is emerging as a promising real estate growth corridor, driven by rising demand for organised residential communities and long-term lifestyle-led developments. The region, once viewed largely as functional, is gaining attention as a balanced residential and commercial destination.For years, Goa’s real estate activity was concentrated in coastal belts, especially North Goa, supported by tourism and second-home investments. However, changing buyer preferences, improved infrastructure and proximity to employment hubs have brought Central Goa into sharper focus. Its connectivity to D..

Farid Khan Becomes CMD, Kamal Bajaj Takes Charge as CEO

profine India Window Technology, a subsidiary of Germany-based profine GmbH and manufacturer of Koemmerling uPVC and aluminium window and door systems, has announced a leadership transition effective 1 June 2026. Farid Khan, who has led profine India as Chief Executive Officer since its inception, has been elevated to the role of Chairman cum Managing Director (CMD). In his new position, Khan will focus on the company's long-term strategic direction, governance and international expansion across South Asia, the Middle East and other non-EU markets. He will continue his responsibilities as Man..

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..