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TDR

Mumbai Development Plan 2034 Proposes FSI of 8: Attracts Criticism

The draft of the Development Plan (DP) 2034 for the city of Mumbai prepared by the Brihanmumbai Municipal Corporation (BMC) has proposed a significant increase in the floor space index (FSI) of up to 8, in order to ease space constraints in the city. While the increase in FSI has certain benefits, it has also […]

karthik.k

Maharashtra government to reconsider proposed TDR policy

The Maharashtra state government has decided to put the proposed uniform Transfer of Development Right (TDR) policy draft on hold and will issue a revised one shortly. Housing minister Prakash Mehta has said that the government will re-look the draft of the revised TDR policy. The proposed TDR policy had unnerved Mumbai’s builders because it […]

nikunj.j

Need to make Occupancy Certificate mandatory in Bengaluru

Are you living in an apartment in Bengaluru which does not have an Occupancy Certificate (OC)? Then you may be in a quandary due to the recent decision taken by the Karnataka government making it mandatory for builders to provide home buyers with an OC. The Karnataka Chief Minister said that the government plans to […]

ranjan.j

Revival of PRR will lead to more development

With the revival of the Peripheral Ring Road project, infrastructure growth in the city is expected to rise above the edge. With the completion of the project, Bangalore is expected to be brimmed with more commercial belts and development, in the years to come. In addition to it, the project will also lead to more […]

Guidelines For Transfer of Development Rights

Transfer of Development Rights (TDR) programs can be easier to implement than typical zoning programs. The idea of transferring development rights between properties was first introduced in New York City with the passage of the first American zoning ordinance in 1916. Many other countries have since then adopted this system to plan urban development. TDR […]

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