SoftTech Launches India's First TDR Trading Exchange Platform-e-TDR
Pune, April 2, 2026 – SoftTech Engineers Limited has launched e-TDR, India’s first unified digital platform for Transfer of Development Rights (TDR) transactions, in partnership with the Brihanmumbai Municipal Corporation (BMC) under the direction of the Urban Development Department (UDD), Government of Maharashtra. The platform serves over 18,000 registered developers and TDR owners in BMC.What is TDR?
TDR is an urban planning mechanism allowing landowners to receive additional construction rights when land is acquired or surrendered for public purposes. This enables efficient land use and supports planned city development.About e-TDR
e-TDR is an online platform where buyers and sellers can access and transact TDR based on their requirements. Transactions occur online with digitally signed contracts, and the platform provider receives a fee for each transaction. The platform provides market-driven insights and enhanced security for every transaction.Key Features of e-TDR
The e-TDR platform includes:- Online payment through secure bank payment gateways.
- Real-time bidding, negotiation, and settlement features.
- Digital contracts with integrated stamp duty payments.
- AI-enabled predictive and prescriptive analytics.
- Blockchain-anchored TDR Certificate issuance.
- Automated compliance and settlement workflows.
Impact and Significance
The launch of e-TDR eliminates opaque pricing, reduces approval cycles, and opens market access for developers. It also prevents fraud and market manipulation through blockchain security. The platform serves 18,000+ registered BMC developers and TDR owners from day one and sets a national benchmark for GovTech-driven urban land governance.Vijay Gupta, Chairman and Managing Director of SoftTech, stated that the platform is a transformation instrument for India’s urban future, ensuring growth is inclusive, transparent, and technologically accountable.
About SoftTech Engineers Limited
SoftTech Engineers Limited develops digital solutions for the Architecture, Engineering, Construction and Operations (AECO), and infrastructure sectors. Its products, including CivitPLAN & CivitPERMIT (AutoDCR®), CivitINFRA (PWIMS), and CivitBUILD (Opticon), enable building plan approvals, urban governance, and infrastructure project management.Source:
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