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How much is the price for parking spot?

Q: How much is the price for parking spot?I also came through this article which says builders can't charge for parking spot. Please clarify.

Replies (3)
1
There is this act in Bangalore which says that no ‘undivided common area’ can be sold by the builder, defines common area to include basements, cellars, yards, gardens, “parking areas” and storage spaces. Builders are forbidden from selling parking space. You can take this case up in consumer court or take legal help if suffered because of the same..
Nagesh


2
Yes I agree with Mr Rakshit.. The promoter has no right to sell any portion of such building which is not `flat’ within the meaning of Section 2(a-1) and the entire land and building has to be conveyed to the organization. The only right remains with the promoter is to sell unsold flats.
Venugopalan


3
Hi Dhiren, as per Supreme Court's order, builders/promoters cannot sell parking areas in the stilt area as independent units as the same is to be extended as “common areas and facilities“ for the owners. If a promoter does not fully disclose the common areas and facilities, he does so at his own peril. Stilt parking spaces would not cease to be part of common areas and facilities merely because the promoter has not described the same as such in the advertisement and agreement with the flat purchaser.
Rakshit


4

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