The reason cited is that the Transferable Development Rights (TDR) value fixed by the Supreme Court has made the acquisition unviable. The value of TDR is estimated to be around ₹3,011 crore ...

Bengaluru: At a special cabinet meeting Friday, the govt decided to reverse an earlier plan to issue transferable development rights (TDR) certificates to the Wadiyar family, erstwhile rulers of ...

He said some individuals who illegally acquired hundreds of crores worth of TDR bonds during the previous YSRCP regime, were now pressurising the GVMC officials to legitimise these bonds.

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