BENGALURU: Amid complaints from homebuyers over unclear and shifting parking allotments, Karnataka Real Estate Regulatory Authority (K-Rera) is set to make it mandatory for builders to disclose the number, size, type and exact location of parking spaces in allotment letters and agreements for sale.
“We are in the process of finalising it,” K-Rera chairman Rakesh Singh told TOI . The regulator is in active consultation with Credai, the apex body of private real-estate developers, and has brainstormed with representatives of a few top real-estate companies in the city.
“Clear identification of parking spaces in apartments ensures the allottees are fully informed of what is being sold or allotted along with the flat. The primary objective is to safeguard homebuyers against misleading representations and incomplete disclosures,” sources said.
The regulator relied on precedent set by Maharashtra Real Estate Regulatory Authority (MahaRERA), which followed a similar disclosure regime since 2024, helping reduce litigation over parking rights.
Karnataka Real Estate Regulatory Authority (K-Rera) has finally blinked and will soon make it mandatory for builders to mention parking spaces in allotment letters and agreements for sale — an issue long flagged by flat buyers who have been having parking space-related disputes with builders.
With this, accessibility-related concerns and safety and usability issues are also being addressed. According to the proposed rules, a builder has to specify the exact parking slot number, type, size with dimensions and the location of the parking space assigned to the allottee by mentioning it in the allotment letter and in the agreement for sale document. The regulator says: “The parking layout plan, duly approved by the competent planning authority and clearly showing the parking particulars, should be annexed to the agreement for sale.”
“We were promised a covered parking slot, but at the time of possession, we were shown a completely different space that barely fits our car,” said Anirudh Rao, a homebuyer in Yelahanka. “There was nothing in writing — no dimensions, no marked location — so we had to accept it.”