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What is TDR in Real Estate?

Posted on Jun 16 2010, Posted by , Listed in Articles

TDR stands for Transfer of Development Rights. It is a certificate from the Municipal Corporation that the owner of a property gets where his/her property (either part or whole) is reserved for the purpose of public utilities such as road, garden, school etc.
The rights/ certificate, which is equivalent to the reserved portion, is obtained by the owner on surrendering his property to the Municipal Corporation. These rights/ certificate can then be sold to builders who use it for additional construction on their property. Currently in Pune, additional construction of upto 40% of the plot area is allowed through purchase of TDR and a further 20% is allowed through purchase of slum TDR. Slum TDR is generated through redevelopment of slums.

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12 thoughts on “What is TDR in Real Estate?

  1. Adv. manoj gade

    TDR stands for Transfer of Development Rights. It is a certificate from the Municipal Corporation that the owner of a property gets where his/her property (either part or whole) is reserved for the purpose of public utilities such as road, garden, school etc.
    In pune PMC and PCMC are sale TDR in pune

    Reply
  2. rahul ranjan

    hi i hav 1.5 acres land off bannerghatta road.road width is 35 ft.can anyone suggest me how i can get tdr

    Reply

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