TDR

TDR NEWS

In dispute over Bangalore Palace grounds, SC grants relief to Karnataka government from depositing Rs 3,000 crore worth of TDR with former royals

May 30, 2025 10:33 pm

The SC has also directed that the original dispute over the Bangalore Palace grounds be placed before a three-judge bench for commencement of hearings from August 18

Bengaluru Palace land takeover: Karnataka clears ordinance to withdraw TDR offer to avoid paying Rs 3,014 crore to Mysuru royal family

January 25, 2025 4:55 pm

The Bengaluru Palace Grounds spread over 472 acres was acquired by the Karnataka government through the passage of the Mysore Palace Transfer and Acquisition Act of 1996 which received the assent of the President and came into force on November 18, 1996.

Mumbai to get new policy to check transferable development right rates

April 17, 2018 6:06 am

To break the alleged cartelisation of the TDR by a powerful coterie of developers, Mumbai’s new Development Plan allows utilisation of the full development potential of a plot without the loading of the TDR.

BMC to issue development rights to owners who cede unbuildable land

May 13, 2016 1:25 am

Senior civic officials said the new tool was aimed at bettering the poor per capita public open space ratio in Mumbai.

Mumbai demats TDR, plans online trading

April 22, 2016 12:10 am

In Mumbai’s construction industry, where a few hundred square metres of additional construction spaces can translate into crores of rupees, TDR certificates are the equivalent of the stock of blue-chip companies.

Barring Mumbai, govt doubles TDR across Maharashtra

February 08, 2016 1:59 am

TDR is development rights issued to a land owner as compensation for space ceded to the government for amenities.

Birla House heritage tag up, elevated to Grade II structure

January 05, 2016 4:55 am

Yash Birla’s plan to raise money using Transferable Development Rights hits hurdle

MMRDA to put 3.22 lakh sq ft TDR on the block

May 27, 2015 12:51 am

Move could fetch over Rs 100 crore for the agency.

Civic Projects: New computerised system to now help issue TDR in 111 days

May 11, 2015 2:28 am

The process of issuing a TDR at present takes a minimum of a year.

Government cuts TDR along narrow roads

May 02, 2015 12:03 am

Officials say measure aimed at easing congestion, builders say it leaves them with no incentives.

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