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The Nashik Municipal Corporation (NMC) has introduced a new initiative allowing landowners to develop amenities on reserved land in exchange for Transfer of Development Rights (TDR). This aims to accelerate public facility development and compensate property owners. Aligned with Maharashtra's Unified DCPR (December 2020), the policy enables NMC to develop 425 reserved lands, bypassing direct budget acquisition. A committee, chaired by the NMC commissioner, will oversee the process, streamlining urban development and benefiting both the public and landowners in Nashik.
The Nashik Municipal Corporation (NMC) has recently introduced a new initiative regarding land development. This plan in Nashik, Maharashtra, aims to speed up the development of public facilities and provide compensation to landowners by allowing property owners to develop amenities on reserved land in exchange for Transfer of Development Rights (TDR). Advertisement
The NMC has introduced this initiative, which allows landowners to develop amenities on reserved land in return for Transfer of Development Rights (TDR). This approach aims to accelerate the development of public facilities and compensate property owners.
The policy aligns with the Unified Development Control Promotions and Regulations (DCPR), a statewide policy approved by the Maharashtra government in December 2020. To oversee this process, the NMC's general body has approved the formation of a construction amenity TDR committee. This committee will be chaired by the NMC commissioner and will include relevant civic and departmental officials. The NMC also plans to use these provisions to develop amenities on reserved land it has already acquired.
An NMC official stated that there are 425 land reservations in the civic body's 2017 Development Plan. Acquiring and developing these lands solely through the civic budget is often challenging. By utilizing construction amenities TDR, the NMC expects to develop these amenity plots free of cost, streamlining urban development and benefiting both the public and property owners. Transferable Development Rights (TDR) are a common urban planning tool in India.
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