Record TDRs issued by civic body
The Hindu
Value of transferable development rights is ₹3095.5 cr.
The GHMC has created a record of sorts by issuing transferable development rights (TDRs) worth ₹3095.5 crore in total, in lieu of compensation for the properties acquired for various developmental works in the city. The Town Planning wing of GHMC was appreciated by the Minister for Municipal Administration and Urban Development K.T.Rama Rao for this achievement, during a recent review meeting. Of the total, 504 TDRs worth ₹1,128 crore have been issued for road widening projects, 115 TDRs worth ₹263 crore for SRDP, 83 worth ₹1,124 crore for development of link roads, 65 TDRs worth ₹539 crore for removal of encroachments in water bodies, and 40 TDRs worth ₹41 crore for nala widening project.
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