Industry Quote on Telangana Govt’s TDR Reforms by Mr. Lakshmi Narayana G

In light of the recent announcement by the Government of Telangana introducing new building rules and revising the Transferable Development Rights (TDR) framework to boost real estate development, we are sharing an industry perspective on the same.

The reforms aim to simplify approvals, relax height limits and setbacks, and reduce mortgage requirements, thereby improving ease of doing business and accelerating project launches across the state.

As you may be working on follow-up stories around this development, please find below a quote from Mr. Lakshmi Narayana G, Designated Partner, GHR Lakshmi Urbanblocks Infra LLP

“What is heartening to see is that the new orders were issued after examining representations that were received from various stakeholders, with the objective of rationalising the utilisation of TDR. Among many other advantages, this new TDR move certainly contributes to an optimal-capacity road network that is aimed at preventing traffic congestions in the city. For a proof of concept of how this new move could benefit, one does not have to look beyond the Neopolis layout in Hyderabad, as it is built around a “spine” consisting of 148-foot wide (8-lane) and 118-foot wide (6-lane) arterial roads, pedestrian-friendly infrastructure, cycle tracks, and tree-lined zones to ensure smooth movement. This infrastructure in Neopolis is aimed at handling the heavy traffic expected from high-rise residential and commercial developments, including 60+ floor towers.”

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