As per Rule 129 of the Act. The Authority may, with the consent of the owner, acquire land for public purposes, for providing infrastructure, amenities and facilities by way of according Transferable Development Rights through issue of Development Right Certificate in lieu of payment towards cost of land in such manner as may be prescribed:

Provided that the Transferable Development Rights may be arrived at on the basis of relative land values and equivalent amount of both export and import areas as per the Registration Department records. Such Transferable Development Right may be utilized as additional built space by the owner who can use this either by himself or transfer it to any other person in full or in part for use in a less developed area as prescribed, or offset the money against the fees and charges payable for development permission or building sanction subject to fulfilment of all other rules and standing orders governed for construction of buildings.

As these TDR certificates can be traded in the market for cash, most of the developers purchase the same and utilize them for increasing their permissible development rights. TDR trading follows the open market principle wherein the pricing is entirely driven by demand, supply and availability and there is no Government control over the same. In most of the cases, an average person does not get to know about the way TDR is bought, sold or transacted.

TDR Certificate can be utilized at any time and also in multiple transactions till the availability of value of TDR certificate issued. Once the value of the TDR certificate issued is completely exhausted, the TDR certificate becomes null and void.

Yes, the Transferable Development Rights (TDR) bonds should be accurately captured in the TDR Portal. This is essential to maintain transparency and real-time tracking of bond status, especially to prevent reissuance or fraudulent usage.

No, already issued bonds that are active and valid do not require reapplication. This office validates the bonds in portal and informs the holders.

No, the applicant need not apply for TDR bond separately after the allotment of returnable plot for the balance area. This office issue the bond in portal and put up open to public for the objections and then confirm it.

The issued/sanctioned bonds are put up for objections in the portal, the applicants may raise issue/objections for the same. Then it will be rectified and final bond will be published.

SDC is the competent authority for the validation of already issued bonds. The bond holders may contact the concerned unit office for doubts/queries.

The validated or newly issued bonds will be open to the public in the online TDR portal. The same can be seen once the intimation received to your respective phone numbers that bonds are validated, or new bonds are issued.

Yes, 15 days is the time limit for raising objections/queries over the validated or newly issued bonds from the date of publication in TDR portal.

There would not be any difference in the import value of the said TDR.

The TDR bond will be issued with reference to the smallest Returnable plot. For Example, a farmer had been allotted 4 returnable plots and still balance area is there for which the TDR bond will be issued to the reference location of the smallest returnable plot.

Unless otherwise the original Land owner accepts the transfer of TDR, the same cannot be mutated.