Response 3:
- TDR was introduced by the state
government in 1991 to encourage private plot owners to
surrender their property or part of it free of cost to the
authorities for various public amenities like parks and
playgrounds. As compensation, they were offered TDR which
allows them construction rights anywhere north of the plot
they have surrendered. The utilisation can only be in the
suburbs.
- Road and Reservation TDR: Owners whose plots are reserved
for playgrounds, markets and gardens in the island city, or
whose land was needed for road-widening projects, could
surrender their land to the BMC and, in turn, be compensated
with an equivalent amount of space to carry out construction
anywhere in the suburbs. They were given TDR certificates,
which mentioned the FSI they were entitled to and which is
tradable.
- Slum TDR: Introduced in 1997, the FSI in slum redevelopment
schemes was increased from 2 to 2.5. But if a builder has, for
example, an FSI of 3.5, the balance FSI of 1 can be used by
him as TDR in any plot to the north of the slum scheme.
Publication:Times Of India Mumbai;
Date:Dec 3, 2005; Section:Front Page; Page
Number:1
