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GHMC mulls building height cap
Greater Hyderabad Municipal Corporation is contemplating the introduction of Transfer of Development Rights (TDRs)
​Hyderabad: Greater Hyderabad Municipal Corporation is contemplating the introduction of Transfer of Development Rights (TDRs).
Generally, acquiring reserved plots through payment is considered beneficial for the owner. But, due to non-availability of large funds at times, TDRs are issued. Under TDR, the corporation will give permission for more built-up area than what is normally allowed under the building rules.
If TDR is introduced then the property owner is given an option by the corporation to either construct structures in the additional built-up area or sell the land.
The GHMC feels that it has become a herculean task for the corporation to pay compensation to the property owners whose properties have been acquired in several developmental activities including, Strategic Road Development Plan (SRDP), proposed tram way from Moazzamjahi Market to Charminar, Charminar pedestrian project and others.
Besides this, the corporation is also contemplating to bring in height restrictions for the uniform development of the city.
A senior GHMC official told The Hans India that it has become a herculean task for the corporation to acquire land and pay compensation in huge amounts. Following this the corporation requested the State government to introduce TDR in which it would compensate land for land with additional built up area.
He said that about 30 per cent of total cost of all projects been spent to pay compensation. The sources said that the government was even planning more development activities including tram way and others for which the corporation is not in a position to bear the financial burden.
He said that the TDR is an only choice to overcome the financial burden. The TDR rate would be fixed on the market value of the respective areas.
The official further said that for a uniform development across the city the corporation proposes that there should be height restriction for all future constructions based on the area. He said that after discussing with all line departments corporation would fix the height of future constructions. He said that the proposals have been sent to the government for approval.
It may mentioned here that the Maharashtra government had introduced similar system in 2016 by amending land rules which are applicable to 18 municipal corporations in Pune, Nagpur, Nasik, Aurangabad and Amravati divisions.
