- This topic has 13 replies, 10 voices, and was last updated 1 year, 2 months ago by
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HI have 2 extra underground parking spots that I bought while purchasing my house. I just got asked by an acquaintance from a neighbouring society if I was interested in selling him one of my parking spots. He’s ready to offer Rs. 3 lakhs for it. I’ll surely check with my society’s management if this is allowed as per society’s rules but first I wanted to know if this is even legally possible or not. For context, my society is in Dwarka, New Delhi.
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Bjust rent it. why sell? you never know if you need it im future
also having two parking spots will lead to easy sell for flat in future if you want to sell
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FParkplus or airattix if you changed your mind into renting (haven’t used personally, just suggesting)
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ANAL
1. Parking lots are part of the common area. For example, when a building is painted the parking lot is also painted but you don’t decide the color of the paint. The electricity of the lights in parking area is paid through Maintainance. The price you paid therefore is ALLOCATION of parking space. You don’t own the land in the parking spot. Please correct me is some one knows more.
2, Rent is a good option. But if you need the money upfront – 10 year rent at 2k a month should net you 2.4 lacs. But no “sale” needed.
3. Also will you society allow a non resident car in the basement? I know mine doesn’t. Visitor parking is separate so you’ll have to register his car as yours to the management.
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