Despite of the fact that limited Transfer of Development Rights (TDR) generation was taking place, the real estate market is unaware of the unexpected increase in the TDR prices. With the current price of around Rs. 4,000 per sq ft, it is estimated that TDR rates have increased by twofold.With respect to the regulatory regarding the TDR scheme, the supply of TDR was predicted to be mostly driven by slum rehabilitation schemes. Such kind of projects has an extended development period and their accomplishment is a result of various factors which normally doesn’t work cohesively. In short, we cannot always expect regular flow of TDR from such projects.The drop in the supply from such schemes has resulted in the recent rise in the TDR prices. It is also related to the performance of the leading builders who belong SRA projects sphere. The other factor responsible for the fall in the supply is the developers who purely constructed projects to house PAPs in South of Chembur area, Mahul Road and made TDR which was sold in the open market have witnessed sufficient rise in the sales price in the particular area to make the project with a sale component lucrative. Hence this has led the developers to stop development of projects that are directed towards generation of TDR.In the suburban areas, the base of FSI is only 1 hence the developers are expected to load around 60% of the TDR in their project so that the FSI gets increased to 2.0. The project cost will increase if the TDR price rises. The BMC can also plan for permitting more premium FSI that can be used as against TDR.займ на карту без отказов круглосуточновзять кредит онлайн