Transferable Development Rights (TDR) certificates to remain deposited with the Court registry
New Delhi: In a significant relief to the Karnataka Government, the Supreme Court this morning stayed its earlier directive mandating the issuance of Transferable Development Rights (TDR) certificates worth over Rs. 3,400 crore to the legal heirs of Srikantadatta Narasimharaja Wadiyar and others. The payout pertained to the acquisition of over 15 acres of Bangalore Palace Grounds for the widening of Ballari and Jayamahal Roads.
