Nashik Municipal Corporation approves 230 building proposals in Oct

03 Nov 2021 CW Team

The festive season in India has boosted the real estate sector, and Nashik Municipal Corporation (NMC) has approved 230 building proposals in October.

The overall construction cost is expected to be Rs 100 crore, except for the land cost. It expects to add 600 more apartments in the next two to three years.

The NMC official told the media that the corporation had received proposals for 350 buildings in October. From the total, 230 have been approved, and the rest are being examined.

The official said that the festive season has a positive impact on the real estate sector. The builders are keen to get their proposals approved to begin the construction work.

A senior member of Confederation of Real Estate Developers Association (CREDAI) - Nashik and the Chairman of the Real Estate Committee of Maharashtra Chamber, Umesh Wankhede, said that the real estate demand has increased after the Covid-19 pandemic. People have realised the importance of their housing.

He said that the number of housing customers has increased. Last month, nearly 300 apartments of Rs 120 crore were booked. Previously, the demand was for ready possession flats, but now people are booking new flats.

He added that the real estate builders have started planning for new building projects and submitting their plans to the NMC for getting approval. The prices of construction raw materials such as steel and cement have also witnessed a price hike. Therefore, the construction costs have also increased by 20%.

The builders have not increased the prices and are selling flats at market rates.

Image Source

Also read: Chandigarh Housing Board to auction 159 properties from November 10

Infrastructure Transport

04 Nov 2025

Madhya Pradesh Launches PM Shri Tourism Helicopter Service

Madhya Pradesh has achieved a national first by launching the PM Shri Tourism Helicopter Service, establishing India’s first intra-state air connectivity. Chief Minister Dr Mohan Yadav inaugurated the service at Raja Bhoj International Airport, Bhopal, marking a significant step towards transforming the state’s tourism infrastructure. Following the launch, four helicopters departed for Ujjain, symbolising the start of regional air tourism. The initiative, led by the Madhya Pradesh Tourism Board, will operate under a Public-Private Partnership (PPP) model, connecting the state’s key reli..

Garuda Aerospace CEO Honoured by Tamil Nadu Governor

Chennai, 3 November 2025: Agnishwar Jayaprakash, Founder and Chief Executive Officer of Garuda Aerospace, was felicitated by Tamil Nadu Governor Thiru R.N. Ravi for his exceptional contribution to India’s drone technology ecosystem. The recognition was presented during the Foundation Day celebrations of several States and Union Territories at Bharathiar Mandapam, Raj Bhavan, in Chennai. The honour acknowledges Jayaprakash’s leadership in strengthening the country’s unmanned aerial vehicle (UAV) capabilities and his efforts in harnessing technology for social good. He was also recognised..

Hindustan Zinc’s EcoZen Delivers 75 per cent Lower Carbon Emissions

Udaipur, 3 November 2025: Hindustan Zinc, the world’s largest integrated zinc producer and among the top five global silver producers, has reinforced its sustainability leadership with EcoZen, Asia’s first low-carbon zinc brand. The innovation achieves over 75 per cent lower carbon intensity than conventional zinc, setting new standards in green manufacturing and industrial decarbonisation. Produced using renewable energy and certified under REACH standards, EcoZen helps avoid an estimated 400 kg of carbon emissions for every tonne of steel galvanised. It supports India’s Viksit Bharat ..