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Transferable Development Rights(TDR) and its Taxability

Transferable Development Rights(TDR) Development right(TDR) is fundamentally a right to develop the land for agricultural , residential or commercial use. Essentially, land like any other asset is a bundle of several rights that accrues to it. Several rights one may identify with land are development rights, possession right, cultivation right etc.By transferring the development rights […] Read More...