3 weeks ago

Telangana relaxes TDR norms to boost Hyderabad realty sector

Telangana relaxes TDR norms to boost Hyderabad realty sector
GHMC TDR scheme: Balm for Hyd realty sector · thehansindia.com

The government of Telangana made a new rule to help people who build houses and apartments.

When builders make tall buildings, they used to have to give the city some of the space they built.

This rule is called TDR, which means Transferable Development Rights.

Before, builders had to give 10% of the space in buildings that were taller than 10 floors.

Now, buildings that are 10 to 20 floors only have to give 3%, and buildings taller than 20 floors give 5%.

Builders also used to have to give all the space at once, but now they can give half when they start building and the rest when the building is finished.

Using these rights helps builders add development potential without buying more land.

Land and building costs in Hyderabad keep going up, which makes homes expensive.

Experts say this new rule helps builders save money, so housing prices may stay within reach for middle-class families.

Key facts

Governing order
GO MS 95 (replaces GO Ms 16)
TDR for 10-20 floor buildings
3% of built-up area
TDR for buildings above 20 floors
5% of built-up area
Previous requirement
10% of built-up area above the 10th floor
TDR submission schedule
Half at building permission stage; remaining before occupancy certificate
Construction cost rise
3-5% per year
Region affected
Greater Hyderabad

Quotes

K Indra Sena Reddy

President of the Confederation of Real Estate Developers’ Associations of India, Telangana

“"In such a scenario, TDR helps add development potential without incurring additional land acquisition costs, which ultimately benefits the homebuyer."”
thehansindia.com
“"TDR is one of the few instruments left that still allows developers to maintain a price point that the middle‑class buyer can afford."”
thehansindia.com

Sources

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