Archive · 24 Sep 2026
Nashik Civic Body Acquires 8.75 Acres Through TDR Policy
The Nashik Municipal Corporation has received about 8.75 acres of land for public facilities.
This land may be used for hospitals, parks, playgrounds and vegetable markets.
Usually, the Corporation would need to pay landowners money for reserved plots.
Because it did not have enough money, some plots could not be acquired on time.
The Corporation instead offered landowners development rights, known as TDR, in exchange for their land.
In February 2026, officials made TDR use more common by requiring it to be combined with premium FSI.
This helped the Corporation obtain about 35,000 square metres of land.
The next challenge is finding the money and making plans to actually build the public facilities.
The Nashik Municipal Corporation has acquired approximately 35,000 square metres of reserved land, equivalent to 8.75 acres.
The land is intended for hospitals, parks, playgrounds, vegetable markets and other civic amenities.
Under the TDR policy, landowners transfer reserved plots to the Corporation in exchange for development rights instead of cash compensation.
A February 2026 decision made it mandatory to combine 50% premium FSI with 50% TDR when using additional FSI.
The land has been secured, but separate planning, funding and implementation are still needed to develop the proposed amenities.
- Who
- The Nashik Municipal Corporation, landowners and Municipal Commissioner Manisha Khatri.
- What
- The Corporation acquired approximately 35,000 square metres, or 8.75 acres, of reserved land through its TDR policy.
- When
- The policy has been in use, and a decision to boost TDR demand was made in February 2026.
- Where
- Nashik.
- Why
- To acquire land reserved for public amenities without paying large cash compensation amounts and to reduce the risk of reservations lapsing.
- Land acquired
- Approximately 35,000 square metres
- Equivalent area
- 8.75 acres
- Acquiring authority
- Nashik Municipal Corporation
- Exchange mechanism
- Landowners received Transferable Development Rights instead of cash compensation
- February 2026 rule
- Additional FSI must use 50% premium FSI and 50% TDR
- Planned uses
- Hospitals, parks, playgrounds, vegetable markets and other civic amenities
- Remaining challenge
- Planning, funding and implementation of construction