TDR scheme helps Hyderabad civic body acquire land for infrastructure sans row, save money, ET RealEstate

July 19, 2023

<p>File Photo<br /><br /></p>
File Photo

HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has made optimal use of the government’s Transferable Development Rights (TDR) scheme to acquire properties for major infrastructure projects. Since the new policy was brought in, 1,923 properties have been acquired through TDRs as per data from the municipal administration and urban development (MAUD) department,

A TDR certificate gives a property owner, whose land has been acquired, the rights to construct additional built-up areas anywhere in the city and he can also sell the TDR certificate.

Official sources in the town planning department said the TDRs did give them an edge in negotiating with property owners and acquiring land. So far, 812 acres were acquired within GHMC limits alone at the cost of Rs 9,665 crore to the government.

“This has helped in saving Rs 4,832 crore of land compensation under the LARR Act (Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act),” a senior town planning official said.

A majority (44%) under TDR scheme was used for widening roads, followed by 20% to build missing link roads, 18% towards beautification of lakes and tanks, 11% for road work under Strategic Road Development Plan (SRDP), 6% for widening nalas and 1% to build peripheral roads.

However, the TDR is yet to be well-received in other municipal corporations and municipalities in the state.

When the TDR policy was first launched in 1998 in united Andhra Pradesh, it failed to garner response from citizens. The revised policy in 2012 increased TDR value from 100% to 200% of the area but this also failed to attract property owners owing to introduction of LARR Act which assured land compensation which was two times, increasing the financial burden on local bodies.

In the new policy brought in 2017, TDR value was increased to 400% for master plan road widening, 200% for lakes/water bodies and 100% for heritage buildings. Officials said that the turning point came after further amendments to the building rules in December 2022, extending it to the entire Hyderabad Metropolitan Development Area (HMDA) along with setting up of an online TDR bank to manage certificates.

  • Published On Jul 19, 2023 at 04:00 PM IST

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