Mumbai is one of the costliest cities in India.
Hence, if you plan to build a house in the metropolis you must know the different variables included in the construction cost.
With 10% higher cost, Mumbai leads the tally of average construction cost among these six leading metros in the country mainly on account of corresponding higher prices of key construction materials, showed a JLL India study.
Developmental regulations in Mumbai
According to Section 43 of the Maharashtra Regional and Town Planning Act, 1966, any development activity must be approved by the municipal corporation, municipal council, or Nagar panchayat whose jurisdiction the land is located.
Below are the approvals required for construction in Mumbai.
Time required- 15 Days, Grant of Permission by Revenue Department
2.Building Layout Approval
Time required – 1 month, Grant of Permission by Development Authority/Municipality
3. Obtain "intimation of disapproval" (building permit) from the Building Proposal Office
Building Proposal Office
Time to complete – 30 – 45 days, There
are about 40 IOD conditions to be met by the builder to be eligible for applying for commencement certificate (CC).
Major NOCs/IOD conditions are listed below: Non-Agriculture (NA) permission, Tree Authority, Storm Water and Drain Department Sewerage Department, Hydraulic Department, Environmental Department Consent to Establish &
Operate, Ancient Monument Approval, Airports Authority of India, Traffic and Coordination Department, CFO
(fire clearance)Structural Plan Approval.
4.Submit structural plans approved by a structural engineer to the BMC (Municipal)
6.Obtain “no-objection certificate” NOC from the Tree Authority (Municipal)
7.Obtain NOC from the Storm Water and Drain Department (Municipal)
8.Obtain NOC from the Sewerage Department (Municipal
9. Obtain NOC from the Electric Department (Municipal)
10.Obtain a “no-objection certificate” NOC from the Traffic and Coordination
Department (Municipal) – Time Required: 30 days
11. Obtain a “no-objection certificate” NOC from the Chief Fire Officer (Municipal)
12. Environment Clearance
13. Ancient Monument Approval: Time Required: 6 months
14. Consent to Establishment & Operate
15. NOC from Airport Authority of India
16. Obtain commencement certificate from the Building Proposal Office and pay
development charges (Municipal)
17. Bore well Registration Certificate: (Outside Municipal Limit)
18. NOC if near coastal Area
19.Permission for Excavation / Royalty payment
20. Other Common Facilities Approval: (Internal Infrastructure services)
21. Road Access Highway / Expressway
22. Lift Escalator Installation Approval (PWD / CPWD)
23. Electric substation NOC For all substation Transformers in building
24. Obtain occupancy certificate from the BMC (Municipal)
25. Obtain Building completion certificate from the BMC (Municipal)
26. Apply for permanent power connection and pay fees at Brihanmumbai Electric Supply and Transport (Municipal)
27. Obtain permanent water connection (with inspection) (Municipal)
28. Obtain permanent sewerage connection (Municipal) : Time to complete – 30 days
Building cost in Mumbai
In this article, we attempted to obtain information on Construction Cost For Various Asset Classes (INR /SQFT) in Mumbai City.
According to JLL, the most expensive property in Mumbai is leisure and sports property, followed by luxury residences and resorts.
In Mumbai, the average cost of construction for a luxury residential apartment in a high-rise building is INR 5,625 per sq. ft., while in Delhi and Pune, the prices are 4,950/sq. ft. and 4,905 respectively, and in Hyderabad, the price is INR 4,275/sq. ft. Similarly, constructing a mid-rise luxury apartment in Mumbai will cost INR 3,875 per square foot and INR 3,410 per square foot in Delhi. While the cost of constructing a medium-rise commercial building in Mumbai would be INR 3,250/sq. ft. Similarly, construction cost for a high-rise commercial building in Mumbai is INR 3,875/sq. ft, while it is INR 3,410/sq. ft and INR 3,379/sq. ft in Delhi and Pune.