Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Nagpur

Nagpur Municipal Corporation faces challenges with high-rise buildings and firefighting capabilities

The Nagpur Municipal Corporation (NMC) has granted clearance to 46 high-rise buildings exceeding 40 meters in height, despite the firefighting team's maximum reach of 42 meters. This poses a challenge for the NMC's fire department, as they lack the necessary equipment for tall buildings. To address this, the NMC has proposed acquiring a 70-meter hydraulic platform, which has been approved in the upcoming budget. The NMC advises developers to prioritize firefighting systems in high-rise buildings and mandates regular drills for occupied structures. These measures aim to enhance safety in Nagpur's vertical growth trend.Read more

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Unsanctioned construction of commercial complex in Nagpur provokes legal action

Bhagirath Realty Private Ltd has been served a cease-and-desist order by the Nagpur Municipal Corporation (NMC) for proceeding with construction of a commercial complex without appropriate permits. The unsanctioned construction on a disputed 40,000 sq ft plot, previously held by the Nag Vidarbha Chamber of Commerce, is currently under multiple investigations. The builder faces potential legal consequences for violation of the Maharashtra Regional and Town Planning Act, and possible implications from breach of environmental and mineral excavation norms.Read more

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Nagpur's Construction and Demolition Waste Management Struggles

Nagpur Municipal Corporation (NMC) in India has been facing significant challenges in managing the collection, transportation, and recycling of construction and demolition (C&D) waste. Despite appointing operators and issuing guidelines, the NMC has experienced delays and operational issues. The accumulation of C&D waste on major roads and residential areas has become a pressing concern, prompting the introduction of fines for polluters. The NMC aims to improve waste management by establishing a helpline for waste collection and implementing charges for bulk waste generators. However, the delays in operationalizing recycling plants and lack of action against the operators have hindered effective waste management in Nagpur.Read more

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