Mumbai's civic body announced that the city's first integrated digital platform for Transferable Development Rights (TDR) transactions will be operational from April 15. This initiative, developed under the Maharashtra government's urban development program, aims to enhance transparency and efficiency in real estate dealings related to reserved plots and the Floor Space Index. Municipal Commissioner Ashwini Bhide emphasized that the e-TDR system will facilitate seamless transactions between buyers and sellers, with mandatory registration on the portal. The platform, launched by Chief Minister Devendra Fadnavis, incorporates features such as KYC-based account linking, secure banking integration with the State Bank of India, and AI-based analytics to monitor transactions. The system will allow users to list development rights for sale, place bids, and finalize deals digitally, ensuring a legally valid record of transactions. This initiative is expected to address issues like delays and lack of transparency, ultimately accelerating urban development and making governance more citizen-centric in Mumbai.