Can builders sell parking space to homebuyers seprately? What RERA actually allows
AI-generated image Parking spaces are often among the most contentious aspects of home ownership, with disputes arising over whether builders can sell them separately and
AI-generated image Parking spaces are often among the most contentious aspects of home ownership, with disputes arising over whether builders can sell them separately and what rights buyers actually have.To bring clarity, the Real Estate (Regulation and Development) Act, 2016, identifies parking spaces in 2 distinct forms: open parking areas, and garages.Section 2(n)(iii) identifies open parking spaces as common areas, alongside basements, terraces, parks, and play areas.
Since they belong to the undivided common property of the entire project, developers are not permitted to sell or allocate open parking spaces as private property.Section 2(y) defines a ‘garage’ as a place within a project that has a roof and walls on three sides for parking any vehicle. It does not include an unenclosed or uncovered parking space, such as open parking areas and hence,
can be legally sold separately to the buyers.However, RERA requires the promoters to officially declare the exact number and size of these spaces when registering the project. Also, the number, type and size, as well as the place where parking is booked or allotted, should be mentioned in the allotment letter.The parking layout plan as approved by the planning authority, should be annexed to the allotment
letter or agreement for sale.Here, 'size' means length x breadth for open parking areas for each vehicle to be parked, and length x breadth x vertical clearance for garages, covered parking spaces provided at basement, podium, stilts and mechanised parking arrangement for each vehicle to be parked.The RERA framework mandates transparency in the allocation of all parking facilities while safeguarding homebuyers and reducing disputes over parking rights.
The BriefWire