Rule related to parking under RERA

Apashishpatel13 Mar, 2023Society

RERA or the Real Estate Regulatory Authority is an important legislation in India to regulate the real estate sector. One point in it is builders and developers provide adequate parking spaces in their real estate projects. According to Section 4(2) of the RERA Act, the promoter or builder is required to provide details of the number of parking areas in the real estate project, including details of the common parking areas. This information must be provided at the time of registration of the project with the regulatory authority.