Wednesday, November 18, 2009

Streamline the process of approving the transfer of development rights (TDR) proposals

At Pune Municipal Corporation no work is done on the files related to the Transfer of Development Rights (TDR) without the help of agents

TDR rates are rising:

The Pune Municipal Corporation standing committee members ordered the civic administration to streamline the process of approving the transfer of development rights (TDR) proposals.

The members pointed out that the TDR rates are rising steadily due to restriction of TDR supply in the market.

In response, municipal commissioner Mahesh Zagade promised that an independent cell will be set up to look into the TDR issues.

Because of the TDR rates property prices are rising in Pune real estate market:

Standing committee member Anil Bhosale told the media: “On the one hand the state government is trying to make housing affordable, but on the other hand the TDR rates are going so high that the property prices are rising in Pune.”

Nexus between officers and particular builders:

“We also brought up the issue of officials remaining in the same department for years together. They develop special interests and TDR files of only ‘particular people’ get pushed ahead, while those of ordinary individuals lie pending. Such officials must be transferred,” Bhosale said. TNN

TDR Agents:

The elected members of the Pune Municipal Corporation (PMC) have flayed the civic administration. They alleged that no work is done on the files related to the Transfer of Development Rights (TDR) without the help of agents.

The members made the allegations in the standing committee meeting on Tuesday. NCP leader in PMC Anil Bhosale said some civic officials have joined hands with some developers and are doing their work related to TDR while commoners' TDR files are not even touched.
DNA

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group

No comments:

Post a Comment