In a move aimed at boosting transparency and efficiency in real estate transactions, the Brihanmumbai Municipal Corporation (BMC) has announced that India’s first integrated digital platform for Transferable Development Rights (TDR) will become fully operational from Wednesday, April 15.

The e-TDR system, developed under the Maharashtra government’s Urban Development Department in collaboration with BMC, is designed to streamline transactions related to reserved plots and Floor Space Index (FSI) in the city.