Magicbricks.com moderator says: With the property market taking a dramatic turn, people have no inhibitions in investing their hard earned money in real estate. They are ready to pay anything for their own space, a place, which can give them the feeling of their own priced possession, a place, which comes well equipped with all the modern amenities and features.
Cashing in on this need of the buyers, most builders these days are providing dedicated car parking spaces in the complex itself. Unlike earlier times, car parking has become a major issue as it has now gained the status of a necessity rather than of a luxury. It is become a norm for even the middle class families to own at least two cars. But the problem lies in finding enough parking space for the vehicles.
Many real estate developers charge extra for the parking space, while there are others who promise free parking space and then at the last moment back out on their commitment. One of our readers faces a similar dilemma who was allured with the promise of free parking space and at the time of agreement was asked to pay for it. Do you think the buyer should stand firm on his ground and refuse to give in or should he start his search for another property all over again? What would be your take on such a situation and what suggestions would you give to our reader.
Reader’s Query
"I had purchased a 2.5 bedroom flat in a residential complex measuring 1020 super built up. Car parking was mentioned as common amenities in the brochure but was amended in the agreement stating that it has to be purchased. The builder has circulated a circular stating that those who have not purchased car parking would not be allowed to enter the complex."