My housing society in Mumbai has four blocks, two of which are already occupied with around 1,500 flats. The remaining two blocks are under construction. My block has 11 buildings, each forming a separate society with roughly 60 flats. The plan is to create a larger association for all these societies to manage the clubhouse, gym, park, and common areas. I purchased a 1,000 square foot apartment with a parking spot. This parking is located on the podium level, which also houses the clubhouse and amenities. The location and number of my parking spot are clearly marked in the registered agreement. However, the builder is still managing the podium and the conveyance deed hasn’t been issued yet. The entire project, consisting of all four blocks, is under one approved plan and is expected to be completed in 6-7 years. Many flat owners didn’t purchase parking and are now claiming that all parking spots will be reallocated. Is this possible? Can my parking be taken away even though I paid for it?
Best Answer
Under Indian law, the parking spot you purchased, with its location clearly stated in the registered agreement, is considered your exclusive right. The builder cannot reallocate your parking spot even if other flat owners didn’t purchase parking. However, the conveyance deed is crucial for formalizing your ownership and preventing any future disputes.
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