SoftTech Engineers Launches India’s First e-TDR Platform
Filing Summary
SoftTech Engineers Limited has launched India’s first Transfer of Development Rights (TDR) trading exchange platform, e-TDR, in collaboration with the Government of Maharashtra and Brihanmumbai Municipal Corporation (BMC). The platform serves over 18,000 registered developers and TDR owners in Mumbai. It facilitates online transactions with features such as real-time bidding, digital contracts, and blockchain security. The initiative aims to streamline TDR transactions and enhance urban planning efficiency. SoftTech acts as the technology partner, reinforcing its role in digital governance and infrastructure transformation.
On April 2, 2026, SoftTech Engineers Limited announced the launch of India’s first Transfer of Development Rights (TDR) trading exchange platform, named e-TDR. This initiative is a collaboration with the Government of Maharashtra and Brihanmumbai Municipal Corporation (BMC). The platform is designed to facilitate TDR transactions for over 18,000 registered developers and TDR owners in Mumbai.
The e-TDR platform allows buyers and sellers to conduct transactions online, utilizing digitally signed contracts. Key features include secure online payment gateways, real-time bidding, negotiation, settlement, and blockchain-anchored TDR certificate issuance. The platform also integrates AI-enabled analytics and automated compliance workflows to enhance transaction efficiency and security.
TDR is an urban planning mechanism that compensates landowners with additional construction rights when their land is acquired for public purposes. The e-TDR platform aims to streamline this process by eliminating opaque pricing and reducing transaction cycle times. It also provides equal market access for small developers and individual owners, while ensuring fraud prevention through blockchain security.
This initiative sets a national benchmark for technology-driven urban land governance. It aligns with the broader vision of transparent and efficient urban planning and infrastructure development. SoftTech Engineers Limited acts as the technology partner, reinforcing its position in supporting digital governance and infrastructure transformation in India.
SoftTech Engineers Limited is a technology company focused on developing digital solutions for the Architecture, Engineering, Construction, and Operations (AECO) sectors. The company provides enterprise platforms that help government bodies and infrastructure organizations digitize planning, approvals, and project monitoring processes. Its key products, including CivitPLAN, CivitPERMIT, and CivitINFRA, support greater efficiency and transparency in public infrastructure and urban development.