Professionals working from home to pay regular residential property tax, Real Estate News, ET RealEstate

NASHIK: The Nashik Municipal Corporation (NMC) has decided to levy regular property tax rates on the residences of professionals — including lawyers, chartered accountants (CA) and doctors — who have been using their homes as offices. Currently, the civic levies three-times more than the normal residential tax rate for the portion of a home that […]

Nashik civic body plans on composting for big housing societies, Real Estate News, ET RealEstate

NASHIK: The Nashik Municipal Corporation (NMC), in order to bring the city among top-five clean cities in the country, has decided to focus on home composting in big residential housing societies. The civic body is planning to rope in non-government organisations (NGOs) for helping the housing societies in carrying out this activity.This will also help […]

Structural audit must for buildings older than 30 years in Nashik, Real Estate News, ET RealEstate

NASHIK: The civic administration has made structural audit mandatory for buildings over 30 years old and warned that those who fail to do the needful will be slapped a fine of Rs 25,000. The decision to this effect was taken following incidents of old wadas collapsing across the city in the last one year. Last […]

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