The Manohar Lal Khattar Government in Haryana has come up with a new policy for grant and utilization of transferable development rights (TDR), which will help the landowners to monetise their land holdings for the sites designated for external development works like sector roads, colleges, hospitals, open spaces, green belts among others.

The policy notified by the Town and Country Planning Department, Haryana is aimed at making it easier for such landowners, whose land is required for critical needs of the development plan, to surrender their land in favour of the government in return of a TDR certificate.

The TDR certificate can be monetized by the landowner by selling it to various developers in the same development plan.

The policy would come as a major relief for the residents of developing sectors in urban areas and facilitate the construction of critical infrastructure like roads, hospitals, colleges.

As per the policy, TDR certificates can be issued for internal sector roads of 30-metre, 24-metre, 18-metre width and those that are part of sectoral plan road pockets. In addition to sector roads, all green belts provided in the development plans along such sector roads will also be considered to be eligible for grant of TDR certificate.