TDR Rules for Biodiversity Parks

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Questions and Answers

What percentage of TDR is granted for land surrendered for a Biodiversity Park reservation?

  • 15%
  • 5%
  • 8% (correct)
  • 10%

How much additional incentive TDR is granted if land is surrendered within 2 years from the sanction of UDCPR?

  • 10%
  • 5% (correct)
  • 8%
  • 2%

If a landowner constructs amenities, which formula is used to calculate the TDR?

  • A × B × 2
  • A / B × 2 (correct)
  • A / B × 1
  • A + B

In the TDR formula $A/B × 2.00$ for amenity construction, what does 'A' represent?

<p>Cost of amenity construction (B)</p> Signup and view all the answers

Who is responsible for deciding whether TDR should be granted for unbuildable land?

<p>Planning Authority (A)</p> Signup and view all the answers

For a surrendered area of 20,000 sq.m. for a Biodiversity Park, how much TDR will be granted normally?

<p>1,600 sq.m. (B)</p> Signup and view all the answers

What is a key condition that must be fulfilled to be eligible for incentive TDR?

<p>Land must be surrendered within 2 years of UDCPR sanction (A)</p> Signup and view all the answers

What type of TDR is granted if an owner builds benches and toilets on reserved land?

<p>Amenity Construction TDR (C)</p> Signup and view all the answers

Which of the following costs is NOT eligible for Amenity Construction TDR?

<p>Park maintenance cost (A)</p> Signup and view all the answers

Flashcards

TDR for Biodiversity Park

8% of TDR is granted for land surrendered for a Biodiversity Park.

Additional Incentive TDR

An additional 5% incentive TDR is granted if land is surrendered within 2 years from the sanction of UDCPR.

TDR Calculation for Amenities

If a landowner constructs amenities, the TDR is calculated using the formula: A / B × 2

What does A represent?

In the formula A/B × 2.00 for amenity construction TDR, “A” represents the cost of amenity construction.

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What does B represent?

In the formula A/B × 2.00, 'B' represents ASR land rate per sq.m.

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TDR for Unbuildable Land

The Planning Authority decides whether TDR should be given for unbuildable land.

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TDR for 20,000 sq.m. Biodiversity Park

For a surrendered area of 20,000 sq.m. for Biodiversity Park, 1,600 sq.m. TDR will be granted normally.

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Condition for Incentive TDR

To get incentive TDR, land must be surrendered within 2 years of UDCPR sanction.

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Benches-Toilets TDR Type

Amenity Construction TDR is granted if owner builds benches and toilets in the reserved land.

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Ineligible for Amenity TDR

Park maintenance cost is NOT eligible for Amenity Construction TDR.

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Study Notes

  • TDR granted for land surrendered for a Biodiversity Park reservation is 8%.
  • Additional incentive TDR granted if land is surrendered within 2 years from the sanction of UDCPR is 5%.
  • If a landowner constructs amenities, the TDR is calculated using the formula A / B × 2.
  • In the formula A/B × 2.00 for amenity construction TDR, “A” represents the cost of amenity construction.
  • In the formula A/B × 2.00 for amenity construction TDR, “B” represents the ASR land rate per sq.m.
  • The Planning Authority decides whether TDR should be given for unbuildable land.
  • For a surrendered area of 20,000 sq.m. for Biodiversity Park, 1,600 sq.m. of TDR will be granted.
  • To get incentive TDR, the land must be surrendered within 2 years of UDCPR sanction.
  • If an owner builds benches and toilets in the reserved land, Amenity Construction TDR is granted.
  • Park maintenance cost is not eligible for Amenity Construction TDR.

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