Redevelopment refers to the process of reconstruction of the premises by demolition of the existing structure and construction of new structure in its place. This is done by utilizing the potential of the land by exploiting additional TDR, higher FSI, etc.
source https://www.caclubindia.com/articles/taxation-of-alternate-accommodation-simplified-49637.asp
source https://www.caclubindia.com/articles/taxation-of-alternate-accommodation-simplified-49637.asp
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