Live news feed — last updated 08 October 2026
Nashik's real estate market is gaining investor confidence due to ongoing civic upgrades, improved infrastructure, and relatively affordable property prices. The city is attracting homebuyers and investors with its blend of cultural heritage and economic activity.
Nashik MC's Rs370-crore Mukane Water Treatment Plant (WTP) project is seeing accelerated work, with round-the-clock operations on critical components.. The project includes a 90 MLD storage tank and a 13km water distribution pipeline network.The expected impact is enhanced water treatment and distribution capacity to meet future demand up to 2050.
NMC has mandated a 50:50 utilization of premium Floor Space Index (FSI) and Transferable Development Rights (TDR) to stimulate demand and expedite land acquisition processes. This policy aims to streamline development and potentially accelerate the pace of new construction projects.
The Nashik Municipal Corporation (NMC) requires approximately Rs 700 crore for the development of colony roads and roads in newly emerging areas. A detailed blueprint is being prepared for submission to the state government. This initiative aims to address the deteriorating condition of many colony roads and improve connectivity in developing zones, ensuring better urban infrastructure for residents.
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