Karnataka RERA will tell builders to specify exact parking spaces in the sale agreement

BENGALURU: Amid complaints from homebuyers over unclear and varying parking permits, the Karnataka Real Estate Regulatory Authority (K-Rera) will make it mandatory for builders to disclose the number, size, type and exact location of parking spaces in allotment letters and sale agreements.“We are in the process of finalizing it,” K-Rera chairman Rakesh Singh told TOI. […]