Ahmedabad's real estate developers are calling for an end to the opaque and often unfair Transfer of Development Rights (TDR) market, aiming to bring more transparency and fairness to the industry.
Real EstateTdr MarketTransparencyUrban PlanningAhmedabadReal Estate NewsMar 22, 2025
A Transfer of Development Rights (TDR) market allows developers to transfer the development rights from one plot to another. This is often used to shift development from areas designated for conservation to higher-density zones.
The TDR market is considered a 'black market' due to its lack of transparency, high price fluctuations, and unregulated transactions, which create an uneven playing field for developers.
The proposed measures include establishing a centralized TDR registry, implementing a standardized valuation system, and strengthening enforcement mechanisms to ensure compliance with regulations.
The government plays a crucial role in regulating the TDR market by enforcing rules and regulations, preventing fraudulent transactions, and ensuring that the TDR system promotes sustainable urban development.
A transparent TDR market will create a more stable and predictable environment, reduce speculation, and foster fair competition. This will ultimately contribute to the sustainable and equitable development of the city.
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