MahaRERA Makes Mandatory To Include All Details Related To Parking In Legal Documents

MahaRERA Makes Mandatory To Include All Details Related To Parking In Legal Documents

Complaints that MahaRERA receive are of various nature, such as, 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.

Bhalchandra ChorghadeUpdated: Thursday, April 25, 2024, 12:51 PM IST
article-image
MahaRERA |

Mumbai: 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 cognizance 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, building's beam obstructing parking of vehicle, vehicle cannot be parked in the parking, vehicle door cannot be opened to exit, maneuvering space inadequate, etc.

MahaRERA has issued a model draft clause as per of circular’s annexure, to be included in the legal documents, which includes all the details regarding the parking lot number, parking length, height, width, location of the parking block, etc. in the building. This standard clause is to prevent any ambiguity or disputes at a later stage and is mandatory for promoter to annex this with Allotment letter and Agreement for Sale.

Details of Model Agreement for Sale, issued in December 2022

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.

RECENT STORIES

Maharashtra Politics: State Congress Chief Nana Patole Skips Key MVA Meet In Mumbai Amid Rumours Of...

Maharashtra Politics: State Congress Chief Nana Patole Skips Key MVA Meet In Mumbai Amid Rumours Of...

Mumbai: Central Railway Achieves Record Non-Fare Revenue Of ₹ 17.08 Cr Upto May 24 In FY 2024-25

Mumbai: Central Railway Achieves Record Non-Fare Revenue Of ₹ 17.08 Cr Upto May 24 In FY 2024-25

Bakri Eid In Mira Road: Ruckus In JP North Celeste Society Over Lambs Allegedly Brought For...

Bakri Eid In Mira Road: Ruckus In JP North Celeste Society Over Lambs Allegedly Brought For...

Maharashtra: NCB Takes Over Investigation Into Seizure Of 1,836 kg Of Mephedrone Worth ₹3,672 Cr...

Maharashtra: NCB Takes Over Investigation Into Seizure Of 1,836 kg Of Mephedrone Worth ₹3,672 Cr...

Mumbai Weather Update: IMD Predicts Light Rains With Cloudy Skies Today; AQI Improves To Good...

Mumbai Weather Update: IMD Predicts Light Rains With Cloudy Skies Today; AQI Improves To Good...