State cancels TDR worth 208 cr in Vizag

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Visakhapatnam: Andhra Pradesh govt has cancelled the controversial transferable development rights (TDR) valued at 208 crore in Revallapalem, Visakhapatnam. The TDR was allegedly issued illegally for land acquired for the construction of an 80-feet road from Madhurawada to Revallapalem via Navodaya school.
Jana Sena corporator P Murthy Yadav said that he had lodged a complaint regarding the issue with the state municipal administration and urban development minister, P Narayana, during the minister's recent visit to Vizag.
"I thank the minister for the prompt response and for cancelling the TDR," said Murthy Yadav.
According to a govt memo issued on June 5, it was initially directed that TDR be considered and issued to property owners for the formation and development of the 80-feet-wide master plan road, namely Bakkannapalem road.
However, following adverse media reports concerning the issuance of TDRs, the GVMC commissioner was requested to re-examine the matter with reference to certain aspects, including ownership, valuation of TDR, and the extent of land affected.
Furthermore, the director of town and country planning, Mangalagiri, submitted that despite repeated directives, GVMC had not yet taken the necessary action. Meanwhile, adverse news reports continue to surface, raising concerns related to govt land involvement and discrepancies in the ground report submitted by GVMC, among other issues. Consequently, state govt has directed the GVMC commissioner to cancel the previously issued TDR and initiate a fresh review by placing the matter before the TDR committee.
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