Mumbai's MHADA Scraps $10 lakh Fee for NOC Revalidation

01 Nov 2023 CW Team

The NOC plays a crucial role in the development of a property in Mumbai. Developers are required to obtain this certificate from MHADA for construction purposes after fulfilling certain norms and guidelines. Previously, revalidating the NOC involved a steep fee of Rs 10 lakh, which significantly added to the cost of construction projects.

By eliminating this hefty fee, MHADA hopes to provide relief to developers who were struggling with escalating construction costs. It also emphasizes the government's commitment to simplifying bureaucratic processes and reducing financial burdens on the real estate sector, which has been affected by the economic slowdown.

The cancellation of the fee for NOC revalidation is expected to spur real estate development in Mumbai. Developers can now channel their resources towards constructing affordable housing and other projects without worrying about the exorbitant costs associated with NOC revision.

Furthermore, this initiative is likely to attract more developers to invest in Mumbai's real estate market. The cost-saving measure presents an enticing opportunity for developers, potentially leading to increased construction activities and subsequently boosting the city's economy.

This decision also aligns with the government's vision of promoting the Affordable Housing Policy. With the abolishment of the hefty fee, MHADA hopes to encourage more affordable housing projects in Mumbai. This will address the growing demand for reasonably priced housing options and provide a solution to the city's housing crisis.

It is important to note that despite the removal of the fee for NOC revalidation, developers are still required to comply with all other regulations and guidelines set by MHADA. The cancellation of the fee merely aims to ease the financial burden and bureaucratic hurdles associated with obtaining the certificate, without compromising on the necessary checks and balances.

In conclusion, the cancellation of the Rs 10 lakh fee for NOC revalidation by MHADA is a significant step towards fostering growth in Mumbai's real estate sector. It not only relieves developers of the financial burden but also attracts increased investment and promotes affordable housing initiatives. This move highlights the government's commitment to streamlining processes and supporting the city's economic development.

In a significant move, the Maharashtra Housing and Area Development Authority (MHADA) in Mumbai has decided to cancel the exorbitant fee of Rs 10 lakh for revalidating the No Objection Certificate (NOC). This decision aims to alleviate financial burden on developers and boost the real estate market in the city. The NOC plays a crucial role in the development of a property in Mumbai. Developers are required to obtain this certificate from MHADA for construction purposes after fulfilling certain norms and guidelines. Previously, revalidating the NOC involved a steep fee of Rs 10 lakh, which significantly added to the cost of construction projects. By eliminating this hefty fee, MHADA hopes to provide relief to developers who were struggling with escalating construction costs. It also emphasizes the government's commitment to simplifying bureaucratic processes and reducing financial burdens on the real estate sector, which has been affected by the economic slowdown. The cancellation of the fee for NOC revalidation is expected to spur real estate development in Mumbai. Developers can now channel their resources towards constructing affordable housing and other projects without worrying about the exorbitant costs associated with NOC revision. Furthermore, this initiative is likely to attract more developers to invest in Mumbai's real estate market. The cost-saving measure presents an enticing opportunity for developers, potentially leading to increased construction activities and subsequently boosting the city's economy. This decision also aligns with the government's vision of promoting the Affordable Housing Policy. With the abolishment of the hefty fee, MHADA hopes to encourage more affordable housing projects in Mumbai. This will address the growing demand for reasonably priced housing options and provide a solution to the city's housing crisis. It is important to note that despite the removal of the fee for NOC revalidation, developers are still required to comply with all other regulations and guidelines set by MHADA. The cancellation of the fee merely aims to ease the financial burden and bureaucratic hurdles associated with obtaining the certificate, without compromising on the necessary checks and balances. In conclusion, the cancellation of the Rs 10 lakh fee for NOC revalidation by MHADA is a significant step towards fostering growth in Mumbai's real estate sector. It not only relieves developers of the financial burden but also attracts increased investment and promotes affordable housing initiatives. This move highlights the government's commitment to streamlining processes and supporting the city's economic development.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Technology

18 Sep 2025

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Infrastructure Urban

18 Sep 2025

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..