Car Parking Charges in Apartments
Car parking charges in apartments do not have one fixed government rate. A builder may include parking in the flat price or add a lump-sum amount to the cost sheet. In Karnataka, a charge for the use of a marked slot can be valid when it is disclosed in the brochure and buyer agreement. The parking type, approved plan and legal papers decide the buyer’s rights.
Open, stilt and basement parking are not the same as an enclosed garage. RERA lists open parking as a common area. It defines a garage as a space with a roof and walls on three sides. Find out if the payment buys a garage or only gives the right to use a marked slot.