MMRCL Mandates NOCs for Construction Near Metro 3 Corridor

Real estate experts welcome this move, stating it will help in the safe redevelopment of numerous old buildings along the Colaba-Bandra-Seepz stretch.

MumbaiMmrclMetro 3NocConstructionReal EstateOct 07, 2024

MMRCL Mandates NOCs for Construction Near Metro 3 Corridor

Real Estate:Mumbai The Mumbai Metro Rail Corporation Limited (MMRCL) has issued a public notice urging developers, housing societies, landlords, and plot owners to obtain no objection certificates (NOCs) before starting any construction work along the Colaba-Bandra-Seepz stretch of the Metro 3 corridor. According to the notice, it is mandatory to secure MMRCL’s approval for any construction within 100 metres of the two metro tunnels in this area.\n\nReal estate experts have expressed their support for this initiative, noting that it will facilitate the safe redevelopment of several thousand old buildings along the stretch. “Asking project proponents to obtain an NOC is a standard process and we have issued more than 200 NOCs till date,” said Ashwini Bhide, managing director of MMRCL. She added that it is challenging to estimate the exact number of properties that might need to seek NOCs, as redevelopment can involve amalgamating land parcels as per regulations.\n\nThe two metro tunnels, each with an approximate diameter of 6.35 metres, are spaced 20-22 metres apart and situated at a depth of 17-25 metres below the ground. The notice issued by MMRCL emphasizes the importance of obtaining approval to prevent any adverse impact on metro tunnels and structures above and below the ground.\n\nThose who have already obtained NOCs for redevelopment must implement special safety measures to prevent any mishaps outside their construction sites. “Project proponents shall comply with operational safety standards to reduce risks and hazards associated with construction activities. This condition shall be applicable to all redevelopment projects that have already obtained MMRCL’s NOC,” stated an official from MMRCL.\n\nReal estate experts have welcomed this step and suggested that developers taking up projects close to the metro line should be compensated in the form of transferable development rights or additional floor space index. “It is commendable that the authorities have issued this public notice, and we welcome the initiative,” said Pramod Vyas, president of the South MetroCity Association of Realtors, an organization of real estate professionals.\n\nVyas added, “The authorities must have considered that public infrastructure and redevelopment both play crucial roles in city development. They likely planned with the future in mind, anticipating that older buildings, especially in congested areas of south Mumbai, may undergo redevelopment. It is vital that this happens without compromising the safety and security of the underground Metro structure, which is a public asset.”\n\nThe first phase of the Metro 3 corridor, connecting Aarey and Bandra Kurla Complex, is set to open to the public at 11am on Monday. MMRCL will begin regular operations from Tuesday, with trains running between 6.30am and 10.30pm on weekdays and Saturdays, and from 8.30am to 10.30pm on Sundays.

Frequently Asked Questions

What is the purpose of obtaining an NOC from MMRCL for construction near the Metro 3 corridor?

The purpose of obtaining an NOC is to ensure that any construction work does not adversely impact the metro tunnels and structures, thereby maintaining public safety and the integrity of the metro infrastructure.

What is the distance within which developers must obtain an NOC from MMRCL?

Developers must obtain an NOC for any construction work within 100 metres of the two metro tunnels along the Colaba-Bandra-Seepz stretch of the Metro 3 corridor.

How many NOCs has MMRCL issued so far?

MMRCL has issued more than 200 NOCs to date for construction projects along the Metro 3 corridor.

What are the special safety measures that must be implemented by those who have already obtained NOCs?

Those who have obtained NOCs must comply with operational safety standards to reduce risks and hazards associated with construction activities, and implement special safety measures to prevent any mishaps outside their construction sites.

What is the significance of the first phase of the Metro 3 corridor?

The first phase of the Metro 3 corridor, connecting Aarey and Bandra Kurla Complex, is a significant step in enhancing public transportation in Mumbai and is set to open to the public at 11am on Monday.

Tags:

Related News Articles

real estate news

Aadhar Housing Finance Eyes Sustained Growth of Over 20% in Disbursements and Asset Base

Aadhar Housing Finance projects disbursements and assets under management to grow at over 20% this year

May 30, 2024

Read Article

Real Estate

No Reversal on Real Estate LTCG Tweaks: Government Stands Firm

Government sources have confirmed that there will be no reevaluation of the changes made to Long Term Capital Gains tax (LTCG) in the Union Budget, despite concerns over the removal of Indexation benefit on property sales.

July 24, 2024

Read Article

Real Estate

Navigating the Industrial REIT Landscape: A SWOT Analysis of EastGroup Properties

EastGroup Properties, a real estate investment trust (REIT) specializing in industrial properties, is at a crossroads in the ever-evolving industrial REIT landscape.

September 28, 2024

Read Article

real estate news

Godrej Group Makes Major Move in Mumbai Real Estate by Acquiring Land for Rs 81 Crore

In a strategic move, Godrej Group, through its real estate subsidiary Anamudi Real Estates, has acquired a significant plot of land in the bustling city of Mumbai for Rs 81 crore. This acquisition marks a major step in the company's expansion plans in one

February 8, 2025

Read Article

Real Estate Mumbai

Why Pattaya is the Next Big Thing for Indian Property Investors

A luxury sea-view condo in Pattaya costs as much as a mid-range apartment in Mumbai. Discover why Pattaya is quickly becoming a hot spot for Indian property investors, offering exceptional value and potential returns.

February 24, 2025

Read Article

real estate news

Akshaya Tritiya: Can It Spark a Surge in Real Estate Demand?

With reduced EMIs making home loans more affordable, Akshaya Tritiya could be the catalyst for a surge in real estate demand, especially in the luxury and high-end market segments.

April 28, 2025

Read Article