11.2.10 Transfer of DRC

The Authority shall allow transfer of DRC in the following manner :-

i) In case of death of holder of DRC, the DRC shall be transferred only on production of the documents, as may be prescribed by him, from time to time, after due verification and satisfaction regarding title and legal successor.

ii) If a holder of DRC intends to transfer it to any other person, he shall submit the original DRC to the Authority with an application along with relevant documents as may be prescribed by the Authority and a registered agreement which is duly signed by Transferor and Transferee, for seeking endorsement of the new holders name, i.e., the transferee, on the said certificate. The transfer shall not be valid without endorsement by the Authority and in such circumstances the Certificate shall be available for use only to the holder / transferor. The utilisation of TDR from such certificate shall not be permissible during transfer procedure.

iii) The Authority may refrain the DRC holder from utilizing the DRC in the following circumstances :-

a) Under direction from a competent Court.

b) Where the Authority has reason to believe that the DRC is obtained

a) by producing fraudulent documents b) by misrepresentation,

iv) Any DRC may be utilised on one or more plots or lands whether vacant, or already developed fully or partly by erection of additional storey, or in any other manner consistent with the these Regulations,

(1) Substituted vide Corrigendum / Addendum No.CR.121/21, dt.02nd December, 2021

(#) Directives u/s.154 No.CR.07/2023, dt.27th February, 2023

v) DRC may be used on plots/land having Development Plan reservations of buildable nature, whether vacant or already developed for the same purpose, or on the lands under deemed reservations, if any, as per these Regulations or on amenity space.

vi) DRC may be used on plots / land available with the owner after surrendering the required land and construction to the Authority under the provisions of Accommodation Reservation. In such circumstances, for the purpose of deciding receiving potential of the plot for the Transferable Development Rights (TDR), the total area of the reservation before surrender shall be considered.