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TDR rates in Mumbai shoots up to Rs 6000 per square feet

February 20, 2015 – by chslmatters
The rate for Transfer of Development Rights (TDR) has reached an all-time high of Rs 6,000 a sqft.

Builders are making a beeline to purchase TDR from private landowners ever since the state government proposed to link it to the width of the roads and also hike the rates of premium Floor Space Index (FSI).

 
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Posted in: redevelopment
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