Telangana’s TDR Policy Causes Price Surge, Builders Object
HYDERABAD: A recent policy aimed at compensating landowners and fostering urban growth has sparked fresh controversy in Telangana’s real estate sector. Following the state government’s announcement last month mandating the use of transferable development rights (TDR) for certain high-rise buildings and allowing their use for setback relaxations, TDR prices have surged significantly across Greater Hyderabad. Builders, developers, and everyday property owners are now voicing concerns over what they view as an artificial price spike and potential market manipulation. TDR serves as a certificate awarded to landowners who relinquish property for public use, such as road expansion or infrastructure projects. Instead…