‘Land-owners want cash, not TDR’

BBMP officials said that while landowners had been demanding cash compensation, the civic body will only offer Transferable Development Rights (TDR). “We have convinced most of the land-owners to give up land for TDR, which will help them monetise that land which they cannot use,” he explained. However, land-owners are yet to give acceptance of TDR in writing and hand over possession of land to the BBMP.

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