1 week ago

Hyderabad Collector Explains TDR Options to SH-1 Landowners

Hyderabad Collector Explains TDR Options to SH-1 Landowners
Hyderabad: Collector Briefs SH-1 Affected Landowners on TDR Benefits · deccanchronicle.com

Some landowners are affected by a highway project in Hyderabad.

The district collector explained a scheme called Transferable Development Rights, or TDR.

TDR may give eligible landowners benefits under government rules.

People can apply for it online through the BuildNow portal.

Its value depends on property rates set by the local sub-registrar office.

If those rates rise, the TDR value may also rise under the rules.

Landowners can use or transfer TDR in permitted situations.

The collector said choosing TDR is optional, so landowners can make their own decision.

Key facts

Project
Rajiv Highway Elevated Corridor, also identified as State Highway-1.
Corridor
Paradise Junction to Shamirpet.
Scheme
Transferable Development Rights (TDR).
Application portal
BuildNow portal.
TDR valuation
Linked to rates fixed by the concerned sub-registrar office.
Future rate changes
TDR value may increase if applicable sub-registrar office rates rise, subject to prevailing rules.
Participation
District revenue, land acquisition, planning officials and affected landowners attended.

Sources

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