Transfer of Development Rights (TDRs) as a Tool in Conservation of Heritage Structures in the Precincts of Amritsar city

Abstract

Heritage structures play an important role in defining the essence of a city, possessing immense historical value that necessitates conservation. These heritage structures in the historic precincts are at risk of being demolished in developing countries undergoing rapid urbanization. Current legislative measures appear insufficient to prevent the destruction of such structures in the precincts. This vulnerability can be attributed to a general lack of understanding of their significance to the stakeholders, the absence of conservation incentives, and the limited development options available to heritage property owners. This paper examines into the concept of Transfer of Development Rights (TDRs), a potential incentive mechanism that could aid in the preservation of these architectural structures and precincts. The TDRs initiative is proposed as a viable option for heritage property owners, striking a balance between economic interests and preservation.