WebMar 19, 2024 · “We will pay the land owners or developers land TDR for the land, construction TDR for the cost of construction, and by way of credit notes for the premium or profit that they charge us. The value of the credit notes is Rs 6,000 crore and of the land TDR and TDR is around Rs 2,800 crore. WebMumbai has seen a sudden hike in transfer of development rights (TDR) rates from Rs. 2,500 to Rs. 4,000 per sq.ft in the last two months. As a result, redevelopment projects in …
Ready Reckoner Maharashtra Rate 2024
WebAug 29, 2015 · The RR rates fixed annually by the government are generally lower than the market rates for lands. Amid the skyrocketing TDR rates – slum TDR rates in Mumbai have shot up to over Rs 5,300 per sq ft for Mumbai suburbs – the state is hoping that extension of premium FSI to Thane will lower the overall construction cost, and lend more ... WebFeb 3, 2024 · Predominantly, there are four types of TDR that are generated – Road TDR, Reserved plots TDR, Slum TDR and Heritage TDR. In most of the cities, majority of the construction activities take place with the aid of slum TDR. TDR Market Just as the stock market, cities like Mumbai do have a huge TDR market in place. gloria jeans perth
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WebOct 2, 2024 · Hike in TDR prices will hugely benefit government: NM Gattu, DB Realty "Earlier, the TDR prices were normally about 20% to 30% on the RR rates. Now they … WebApr 17, 2024 · Official records reveal that slum TDR at present accounts for 65 per cent of all the TDR that is available in the market. There have been long-standing complaints that … WebApr 3, 2024 · In the new financial year 2024-24, the ready reckoner rate Maharashtra will remain the same as last year. The rates were unchanged in 2024-21, 2024-19, and 2024-20 fiscal too. In 2024-23, ready reckoner rates in Maharashtra were increased b y average 5%, however in Pune it was up by 8.15%. gloria jeans wendouree