BMC pushes TDR in island cityPosted: April 8, 2012
A BMC proposal seeks to completely overhaul the transfer of development rights (TDR) policy to make it more equitable, in a move that is expected to have far-reaching repercussions on the city’s development plan.
In his plan which is to be submitted to the state government soon, BMC chief Subodh Kumar has proposed that TDR be allowed anywhere in the city , not be restricted to the suburbs . Its selective use in highend areas of the western suburbs has led to lopsided development, especially in the Bandra-Khar-Juhu belt.
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