TDR policy assisting builders in developing road infra

21 Aug 2023 CW Team

Builders have procured approximately 70 acres of land over the past year to construct roads and other essential infrastructure in burgeoning sectors throughout Gurugram, as per officials from the Department of Town and Country Planning (DTCP).

According to DTCP officials, the policy of Transfer of Development Rights (TDR) has facilitated the acquisition of extra land by developers. They acquire land from farmers and then capitalise on it by generating TDR, which can be employed in any sector outlined in a unified master plan.

DTCP officials indicated that numerous 24-m roads, which were previously unfeasible to construct due to land unavailability, will now materialise. This is because developers have procured land from farmers to be employed in constructing infrastructure, while the development rights can be utilised in their projects elsewhere or traded.

A TDR certificate pertains to the government granting floor area ratio to the landowner in exchange for relinquishing a portion of their land for constructing pivotal infrastructure. Officials stated that the government established an online portal last year for trading and monetising TDR.

Rajesh Kaushik, District Town Planner in Gurugram, noted that developers are leveraging the advantages of the TDR policy, purchasing land from farmers to be employed in constructing roads and additional infrastructure in burgeoning sectors.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..