Select City
Search
user-profile
TDR Term Meaning in Real Estate - Guide
TDR Term Meaning in Real Estate - Guide
With the Transfer of Development Rights (TDR), a landowner can sell the rights of development on a said land and continue with the ownership in exchange of a portion of Super-Built-Up Area or a sum of money. Such a transfer is evident in construction need-based localities. For example, when a local authority makes a road, it sells the rights to develop a habitable space on the land which is now the road. By acquiring such rights, a developer is granted permission to build more housing than he would normally require, in the project he already owns.

With the Transfer of Development Rights (TDR), a landowner can sell the rights of development on a said land and continue with the ownership in exchange of a portion of Super-Built-Up Area or a sum of money. Such a transfer is evident in construction need-based localities. For example, when a local authority makes a road, it sells the rights to develop a habitable space on the land which is now the road. By acquiring such rights, a developer is granted permission to build more housing than he would normally require, in the project he already owns.

explore further

NEED HELP?
Get in touch with Dwello consultant for free consultation
+91
Enquire Now
logo
A JM Financial Group Venture
HOW WE MAY HELP YOU?
(022) 6122 9411
hello@dwello.in
FOLLOW US
Registered & Corporate Office
JM Financial Products Limited. 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
CIN:
U74140MH1984PLC033397
RERA NUMBERS
maharera-icn
Maharashtra
A51900000277
karnatakarera-icn
Karnataka
PRM/KA/RERA/1251/309/AG/220521/002898
delhirera-icn
Delhi
DLRERA2022A0103
haryanarera-icn
Haryana
RC/HARERA/GGM/1932/1527/2022/300
What is Dwello?
Dwello is a new way to buy home. In a world where facts are chosen to suit interpretations, our algorithms offer accurate recommendations by sifting through vast knowledge banks comprising real time market data and historical decisions of many home buyers, curated by industry experts.
Dwello, for every home buyer, is a way to go from 'I feel' to 'I know', at no extra cost.
© 2023 JM Financial Products Limited. All Rights Reserved.