India, Oct. 18 -- With the metro network gradually expanding across the city, top real estate players are exploring opportunities to tap the amended policy allowing taller buildings in the vicinity of metro stations.

The Mumbai Metro Rail Corporation Limited (MMRCL), which operates and manages the aqua line (metro 3), has received as many as 31 queries from 13 developers over the past one and a half years, seeking to avail higher Floor Space Index (FSI) through the Transit Oriented Development (TOD) scheme, officials familiar with the matter told Hindustan Times.

Among the prominent players who have shown interest are K Raheja Corp, Prestige Group, Suraj Estate Developers and Valor Estate (former D B Realty), the officials said.

The st...