Rule 17 of G.O Ms. No.168, Dt:7.4.2012 and as amended vide G.O Ms. No.330, Dt:28.12.2017
a. Transferable Development Right” (TDR) can be awarded only when such lands are transferred to the local body / Urban Development Authority as the case may be by way of registered gift deed. The award would be in the form of a TDR certificate issued by the Competent Authority / Sanctioning Authority.
b. Grant of TDR can be considered by the Competent Authority / Sanctioning Authority for the following areas subject to the owners complying with the conditions of development above, as per the following norms:
(i) For the Master Plan Road / Road Development Plan undertaken and developed / peripheral road provided in Group Development Schemes: equivalent to 400% of such area surrendered. For conservation and development of lakes / water bodies / Nalas foreshores & Recreational buffer development with greenery etc: equivalent to 200% of such recreational buffer area developed at his cost.
(ii) For Heritage buildings and heritage precincts maintained with adaptive reuse: equivalent to 100% of built up area of such site area.
c. The TDR may be arrived at on the basis of relative land value and equivalent amount in both export and Import areas, as per the Registration Department records. The Competent Authority shall have the discretion in the matter of applicability of TDR. The TDR shall not be allowed in unauthorized buildings / structures / constructions and shall be considered only after the land is vested with the local authority / UDA. The TDR certificate issued would be valid or utilized / disposed only within the concerned local body area and as per guidelines and conditions prescribed.