The notification issued on Tuesday enables individual apartment owners to change the status of their share of land by submitting a registered indenture to the department of land and land revenue.
Last year, the civic body had mandated that projects on 1.5-acre plots (6,000sq m) would be required to set aside 15% area for trees, those on five acres (20,000sq m) must allocate 20% area or an acre for tree-planting.