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.

Related News Articles

Don't Cash Out Fully: Analysts' Strategy for Real Estate Stocks
Real Estate Pune

Don't Cash Out Fully: Analysts' Strategy for Real Estate Stocks

Residential sales across top seven cities slipped 8% quarter-on-quarter in Q1-FY25, but analysts suggest long-term prospects remain strong

July 3, 2024
Read Article
Indian Realty Sector Sees 15% Surge in PE Investments to $3 Billion in H1 2024
Real Estate Mumbai

Indian Realty Sector Sees 15% Surge in PE Investments to $3 Billion in H1 2024

Private equity investments in Indian real estate surge 15% to $3 billion in H1 2024, led by Mumbai, Bengaluru, and Hyderabad.

July 17, 2024
Read Article
HYDRAA to Get More Teeth as Independent Enforcement Authority
Real Estate

HYDRAA to Get More Teeth as Independent Enforcement Authority

HYDRAA commissioner A.V. Ranganath announced that an ordinance for the agency would be formulated soon, making it a powerful entity in disaster management and assets protection.

September 14, 2024
Read Article
Suraksha Group Takes Control of Jaypee Infratech, Appoints New CFO and Delists from Stock Exchanges
Real Estate Mumbai

Suraksha Group Takes Control of Jaypee Infratech, Appoints New CFO and Delists from Stock Exchanges

Mumbai-based Suraksha Group has taken control of Jaypee Infratech Ltd (JIL) and appointed Devang Pravin Patel as its new Chief Financial Officer (CFO). The company will also delist its shares from stock exchanges.

June 13, 2024
Read Article
Max Estates Shares Surge 3% After Raising Rs 800 Crore from QIBs
Real Estate

Max Estates Shares Surge 3% After Raising Rs 800 Crore from QIBs

Real Estate, office spaces, Commercial Real Estate

September 4, 2024
Read Article
Which Crypto Presales Are Still Worth Considering in 2025? Rexas Finance (RXS), BlockDAG (BDAG), and Remittix (RTX)
Real Estate Maharashtra

Which Crypto Presales Are Still Worth Considering in 2025? Rexas Finance (RXS), BlockDAG (BDAG), and Remittix (RTX)

Investing in crypto presales offers a unique opportunity to acquire tokens at lower prices. Among the notable projects in 2025, Rexas Finance (RXS), BlockDAG (BDAG), and Remittix (RTX) stand out. Here’s a closer look at these projects and what experts are

January 2, 2025
Read Article