亚博体育官网首页

Chennai to Implement Deemed NOCs for High-Rise Buildings
Real Estate

Chennai to Implement Deemed NOCs for High-Rise Buildings

The Chennai Metropolitan Development Authority (CMDA) is set to introduce a new system of deemed No Objection Certificates (NOCs) for high-rise buildings to streamline the approval process. This move aims to expedite construction projects and reduce bureaucratic delays.

Under the new system, developers of high-rise buildings will no longer need to wait for individual NOCs from various departments. Instead, once the project complies with the set regulations and guidelines, it will automatically receive deemed NOCs. This change is expected to significantly reduce the time and effort involved in obtaining approvals, allowing for faster project execution.

The implementation of deemed NOCs is part of a broader initiative by the CMDA to modernise and simplify the regulatory framework for urban development. By minimising the need for multiple approvals, the CMDA hopes to create a more efficient and transparent process that benefits both developers and residents.

Critics argue that while the move may speed up approvals, it could also raise concerns about oversight and compliance. Ensuring that high-rise buildings meet safety and environmental standards remains a critical issue, and the CMDA will need to maintain rigorous checks to address these concerns.

Overall, the introduction of deemed NOCs represents a significant shift in Chennai's approach to urban development, reflecting a broader trend towards streamlining regulatory processes to foster growth and development in the city.

The Chennai Metropolitan Development Authority (CMDA) is set to introduce a new system of deemed No Objection Certificates (NOCs) for high-rise buildings to streamline the approval process. This move aims to expedite construction projects and reduce bureaucratic delays. Under the new system, developers of high-rise buildings will no longer need to wait for individual NOCs from various departments. Instead, once the project complies with the set regulations and guidelines, it will automatically receive deemed NOCs. This change is expected to significantly reduce the time and effort involved in obtaining approvals, allowing for faster project execution. The implementation of deemed NOCs is part of a broader initiative by the CMDA to modernise and simplify the regulatory framework for urban development. By minimising the need for multiple approvals, the CMDA hopes to create a more efficient and transparent process that benefits both developers and residents. Critics argue that while the move may speed up approvals, it could also raise concerns about oversight and compliance. Ensuring that high-rise buildings meet safety and environmental standards remains a critical issue, and the CMDA will need to maintain rigorous checks to address these concerns. Overall, the introduction of deemed NOCs represents a significant shift in Chennai's approach to urban development, reflecting a broader trend towards streamlining regulatory processes to foster growth and development in the city.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement