Transferable Development Rights definition

Transferable Development Rights. (TDR) means certificates issued in respect of category of land acquired for public purposes either by the Central or State Government in consideration of surrender of land by the owner without monetary compensation, which are transferable in part or whole.
Transferable Development Rights or "TDR" shall mean development rights issued by the competent authority under relevant laws in lieu of the area relinquished or surrendered by the owner or developer or by way of declared incentives by the government or authority;
Transferable Development Rights means a right to develop one

Examples of Transferable Development Rights in a sentence

  • Similarly, revenue from sale of Transferable Development Rights (TDR) is recognized on transfer of the rights to the buyer.

  • Each City of Aspen Historic Transferable Development Right certificate extinguished, pursuant to Section 26.535, Transferable Development Rights, shall allow an additional 250 square feet of Floor Area.

  • Transferable Development Rights (“TDRs”), in the form of a Development Rights Certificate granted by the relevant statutory authority, provide a mechanism by which a person, who is unable to use the available FSI of his/her plot for various reasons, is permitted to use the unused FSI on other properties in accordance with applicable regulations or transfer the unused FSI to a third party.

  • Department of Administrative Services, and Transferable Development Rights as a Path out of Deadlock, 20 J.

  • She herself had been supported through high school by her elder brother.


More Definitions of Transferable Development Rights

Transferable Development Rights means transferable development rights as that term is defined in the city’s planning code, as may be amended from time to time.
Transferable Development Rights means a right to develop one or more residential units in a sending area that can be sold and transferred. [2011 c 318 § 201.]
Transferable Development Rights means all or that portion of development rights that are
Transferable Development Rights means a right to develop one or more residential units in a sending area that can be sold and transferred.
Transferable Development Rights means a right to develop
Transferable Development Rights means all or that portion of development rights that are transferred or are transferable.
Transferable Development Rights means an award specifying the built up area in lieu of amount as consideration to owner of the land which is proposed and reserved for non profitable land use such as public amenities or road widening or recreational purpose,