MahaRERA tightens parking rules
To avoid disputes over purchased or allocated parking, housing regulator issued instructions about length, width, height, parking number and actual location after receiving complaints
Several complaints have been received by the Maharashtra Real Estate Regulatory Authority (MahaRERA) with regards to parking spaces sold and allocated by the developers. Taking serious cognisance of this and to prevent a recurrence, the housing regulator has made it mandatory to include all details related to parking as part of annexures to the Allotment Letter and Agreement for Sale.
The complaints that MahaRERA receive are of various nature, such as, the building’s beam obstructing parking of vehicle, vehicle cannot be parked in the parking, vehicle door cannot be opened to exit, manoeuvring space inadequate, etc.
MahaRERA has issued a model draft clause as per of circular’s annexure, to be included
building. This standard clause is to prevent any ambiguity or disputes at a later stage and is mandatory for a promoter to annexe this with an Allotment letter and Agreement for Sale.
In the Model Agreement for Sale, issued in December 2022, mention of Force Majeure, Carpet Area, Defect Liability Period and Transfer Agreement have been made mandatory in every agreement for sale. Now, parking in another aspect that has been made non-negotiable and any changes made despite the consent of a homebuyer, will not be accepted by MahaRERA.
Therefore, MahaRERA insists on strict adherence to the circular and the standard draft clause stating complete details about a parking slot. This will prevent any inconvenience and agony over parking premises that a homebuyer otherwise faces after moving into a new residence.