Latest Answer: As od now, in Mumbai itself, all real estate projects are required to get 60 no objection certificates before they are issued a commencement certificate for the project. CREDAI is looking at both reducing the number of NOCs and allowing its submission any time before completion of the project. He added that the present time frame of 6-24 months that is required to issue clearances to real estate projects is also proposed to be brought down to 1 month.
