TDR-THE HUMAN ANGLE & NEED FOR A NATIONAL EXCHANGE,

Transfer of development rights, converts the unbuilt portion of your house into tradable wealth but we don’t have it in the shape of negotiable instrument or commodity…do we? Certification authority of development rights, the municipal commissioners if start thinking like Narendra Modi or any other visionary social entrepreneurs, then FSI credit of one property earned

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The Philosophy

The phrase “bottom of the pyramid” was used by U.S. president Franklin D. Roosevelt in his April 7, 1932 radio address, The Forgotten Man, in which he said “These unhappy times call for the building of plans that rest upon the forgotten, the unorganized but the indispensable units of economic power…that build from the bottom

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Transfer of Development Rights (TDR)

Transfer of development rights (TDR) is a valuable right permitted by a State Government and is represented by a Certificate from the City Administration stating that the owner of a property has a right to additional Floor Space Index (FSI) at the specified rate in his real estate projects.  TDR is granted as certificates called

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