New transfer of development rights to rehabilitate slums in Mumbai
Brihanmumbai Municipal Corporation (BMC) modified the transfer of development rights (TDR) to reduce the slums area in Mumbai.
The developers working to rehabilitate the slums, will get TDR benefits to construct residential and commercial spaces anywhere in Mumbai.
BMC modified the TDR policies to help the residents of the slums in getting a good living space, and the main aim is to make the city slums free.
However to confirm the construction in a planned manner, BMC restricted the construction in certain areas of Swami Vivekanand Road to the Western Express Highway and between Lal Bahadur Shastri Road to the Eastern Express Highway.
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Source : Midday
Brihanmumbai Municipal Corporation (BMC), Builders in Mumbai, Commercial projects in Mumbai, Real estate projects in Mumbai, Realty projects in Mumbai, Residential projects in Mumbai, slums area in Mumbai, Slums in Mumbai
[...] New transfer of development rights to rehabilitate slums in Mumbai [...]
[...] New transfer of development rights to rehabilitate slums in Mumbai [...]
[...] New transfer of development rights to rehabilitate slums in Mumbai [...]
Good initiative has been taken up by BMC.