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.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..