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7 Reasons Why Mumbai's New TDR Policy Could Negatively Impact Real Estate Growth
Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.
- 6th Sep 2024
- 1197 Views
Mumbai Government to Provide 10-Floor TDR for Redevelopment in Airport Funnel Zone
Chief Minister Eknath Shinde said that Mumbai will give TDR of up to 10 stories for airport funnel zone building rehabilitation. Redevelopment has been impeded by height constraints as most buildings in this area are 3-4 storeys. This government strategy promotes urban renewal.
- 14th Jul 2024
- 1326 Views