Bengaluru, March 6 -- Cabinet to deposit Transferable Development Rights (TDR) certificates worth Rs. 3,014 crore with Supreme Court
In a bid to avoid issuing Transferable Development Rights (TDR) certificates worth Rs. 3,014 crore to the erstwhile Mysore royal family for a road-widening project, the Karnataka Government has tabled the Bangalore Palace (Acquisition and Transfer) Bill 2025, in the ongoing Assembly session.
The Bill, which replaces the Ordinance issued in January 2024, follows a Supreme Court directive instructing the State Government to provide TDR certificates to the Mysore royal family for the proposed widening of Ballari and Jayamahal Roads in Bengaluru.
The TDR pertains to 15 acres and 17 guntas of land required for...
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