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redevelopment project in mahul

TDR in Maharashtra

Rising TDR Rates Put Redevelopment Projects in Jeopardy

Mumbai has seen a sudden hike in transfer of development rights (TDR) rates from Rs. 2,500 to Rs. 4,000 per sq.ft in the last two months. As a result, redevelopment projects in Mumbai suburbs may get jeapordized. The increase in TDR rates has forced several builders to renegotiate deals with housing societies. Some other builders […]

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