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Email Address
@dreamdesign2k3@gmail.com
Location
ECIL, KAPRA
Hyderabad, 500062
Phone Number
8686069606
FAQ
Frequently Asked Questions
What are Transferable Development Rights (TDR)?
TDR allows property owners to transfer unused development rights from one property (sending district) to another (receiving district), enhancing development opportunities.
How does TDR benefit property owners?
TDR provides property owners in restricted areas with the ability to monetize unused development rights, contributing to their financial gain.
I Have A 241 Sq. Yds. Of Plot. How Many Floors Can I Build With Utilization Of TDR Certificate?
As per prevailing rules, in normal course you can construct Stilt (for parking) + 3 upper floors. By utilizing the TDR certificate, you can construct additional floor (4th floor) with the same setbacks.
How is TDR regulated by local authorities?
Local governments designate sending and receiving districts, along with guidelines for TDR transactions, ensuring responsible development.
Can TDR certificates be sold?
Yes, property owners in sending districts can sell their TDR certificates to developers, creating a market-driven approach to urban growth.
What documents are required for a TDR transaction?
Documents include legal agreements between parties, property details, zoning information, and compliance with local regulations.
I Have Constructed An Additional Floor Without Permission From GHMC. Can I Get The Same Regularized By Utilizing TDR Certificate?
No. TDR certificate cannot be utilized for regularization of unauthorized additional floors constructed.
How To Get The Advantages Of TDR For Beneficiaries?
TDR allows the developers to exceed the mandatory FAR and allow them to build additional floors in a building. The greatest advantage of TDR is its flexibility in use — it can either be used by the landowner on the remaining portion of the land after the acquisition or be utilised on any other property of personal choice. It can also be traded to other parties for an agreed sum of money.