April 25, 2024: In a bid to solve parking related problems faced by home buyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it compulsory for developers to include parking details in the annexures to the allotment letter and agreement for sale.
A model draft clause according to the circular’s annexure to this effect has been issued by the regulatory body which will include parking details such as parking lot number, parking space length, height, width, location of the parking space in the building complex etc. This will address ambiguity and fights related to parking.
In the model agreement for sale issued in December 2022, it is mandatory to include force majeure, carpet area, defect liability, period and transfer agreement in every sale agreement. Now parking details will also have to be a part of this agreement. Note that as per Maharera, even those changes that are made with the home buyer’s consent will also not be accepted by the regulatory body.
What are the frequent parking related complaints received by MahaRERA?
- Beam of the building coming in way of parking of the vehicle
- Unable to park vehicle in the parking as it is very small
- No space for exit after parking the vehicle
- Maneuvering the car is difficult as the space is very less
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