Rera Parking Rules: Can builders sell parking space to homebuyers seprately? What RERA actually allows |
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…