Mumbai:
Maharashtra government has extended the validity of all timebound building permissions, no-objection certificates and completion certificates by nine months in the backdrop of disruption caused by the
pandemic.
The state has also offered relief to developers by providing exemption from paying interest on installments to be paid to authorities during this period. This will be applicable to clearances - both that are valid for a limited period, or otherwise - provided by different agencies, including landowning agencies, building plan approval section of municipal corporations, state pollution control board, traffic and transportation department, and environmental committees.
Developers said decision and its timing is crucial given the disturbance they are witnessing in construction. “This extension in permissions’ validity by nine months will provide us a breather, given shortage of labour and other challenges that have emerged due to Covid crisis,” said Rajan Bandelkar, president of developers’ body
NAREDCO Maharashtra.