Mysore/Mysuru, May 3 -- The State Government's Transferable Development Rights (TDR) scheme offers land owners development rights in place of direct monetary compensation, said M.C. Shashikumar, Additional Director of the Department of Urban and Rural Planning.
He was speaking at an awareness programme on TDR and buffer zones, organised by the National Real Estate Development Council (NAREDCO) in city yesterday.
Shashikumar said that the scheme, introduced in 2006, is already being implemented in Bengaluru and Mangaluru and is aimed at facilitating urban expansion without heavy expenditure on land acquisition.
"Under TDR, land can be secured for projects such as road widening and formation of new layouts, while land owners are compensa...
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