Indore: While continuing its master plan road widening projects, specifically in Chhawani and Jinsi corridors to ease traffic congestion, IMC has said that property owners, whose legal land was acquired for these projects, would receive transferable development rights (TDR) certificates as compensation.
“Affected landholders can utilise TDR certificates to claim additional floor area ratio (FAR) on the remaining portion of their plots during new layout approvals,” IMC commissioner Kshitij Singhal said.
Alternatively, if the remaining land cannot accommodate extra construction, owners can sell the TDR certificates anywhere within IMC limits based on the prevailing Collector guideline rates to liquidate their compensation.
To initiate this process, the civic body has instructed property owners to submit their land title deeds and ownership documents to the building officer or inspector at their respective zonal offices.
The policy announcement follows public dissatisfaction regarding demolition drives in the 136-year-old Chhawani settlement. Residents and political activists on Saturday evening carried out a ‘Nyay Yatra’ rally to oppose the administrative action.
Locals alleged that the demolitions were executed hastily without proper consent or prior compensation, leaving residents insufficient time to salvage belongings. They further pointed out that while the official demarcation required removing up to 10 feet of structures, actual demolitions extended up to 20 feet in multiple locations, affecting legally registered properties.