Digital TDR Exchanges Set to Transform How Development Rights Are Transacted Across India’s Cities
Mr. Vijay Gupta, Founder, Chairman, and Managing Director of SoftTech Engineers LimitedNew Delhi [India], October 30: SoftTech Engineers Limited, a pioneer in AECO (Architecture, Engineering, Construction & Operations) technology and e-governance solutions, highlights how digital Transferable Development Rights (TDR) exchanges are beginning to reshape the way development rights are discovered, transacted and managed across India’s growing urban landscape.As Indian cities continue to expand and urban infrastructure requirements become increasingly complex, TDR has emerged as an important urban planning instrument, enabling development potential to be transferred from one property or designated area to another. While TDR has traditionally involved multiple stakeholders, neg...