Nashik Municipal Corporation gears up for a second Rs 200 crore municipal bond issue by February 2026 to fund Kumbh Mela 2027 preparations and 24/7 water supply. Following the successful first bond listing on NSE with CM Fadnavis present, NMC taps into its Rs 1,000 crore borrowing capacity for urban upgrades.
Chief Minister Bhupendra Patel has inaugurated projects worth Rs 545 crore in Rajkot, focusing on water supply upgrades, housing under Pradhan Mantri Awas Yojana, and urban infrastructure. With Gujarat's urban budget up 40% to Rs 30,000 crore, government housing now rivals private standards, driving real estate growth and better living.
DDA's 2008 housing scheme in Vasant Kunj, South Delhi, remains largely unoccupied due to lack of basic amenities like water and electricity.