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builders cannot sell parking areas as independent units

Builders say they can’t give parking space for free

Builders say they can’t give parking space for free
The Sept 1 Supreme Court ruling prohibits builders from selling parking area as independent units to flat buyers. A division bench of Supreme Court has ruled that builders 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. Builders, [...] Continue Reading »

Parking areas cannot be sold as flats or garages: Supreme Court

Parking areas cannot be sold as flats or garages: Supreme Court
The Supreme Court has that ruled 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. The apex court passed the judgment while dismissing the appeal of the promoter, Nahalchand Laloochand Pvt Ltd, challenging the Bombay High Court [...] Continue Reading »



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