Karnataka RERA Plans Mandatory Parking Disclosure to Protect Homebuyers

The Karnataka Real Estate Regulatory Authority is preparing to introduce a major regulatory reform that could significantly reduce long-standing parking-related disputes between homebuyers and builders. Responding to repeated complaints over unclear, shifting, or misleading parking allotments, the regulator plans to make it mandatory for developers to clearly disclose parking details in allotment letters and agreements for sale.

Under the proposed framework, builders will be required to specify the exact parking slot number, size with dimensions, type such as covered or open, and precise location within the project. In addition, the approved parking layout plan must be annexed to the sale agreement, ensuring buyers know exactly what is being allotted along with their apartment. The move is aimed at preventing ambiguity and safeguarding buyers from post-handover surprises.

According to K-RERA officials, consultations are currently underway with Credai and representatives of leading real estate companies. The regulator has also drawn inspiration from MahaRERA, which implemented a similar disclosure regime in 2024. Since then, Maharashtra has reportedly seen a reduction in litigation related to parking rights, strengthening the case for adopting the model in Karnataka.

Homebuyers across Bengaluru and other cities have welcomed the proposed change. Many have flagged issues ranging from parking spaces that are too narrow or blocked by pillars to allotments located far from lifts, creating accessibility challenges for elderly residents and people with disabilities. In several cases, buyers claim they were promised covered parking but were later assigned inconvenient or unusable spaces, with no written documentation to contest the change.

K-RERA believes that transparent parking disclosure will also address safety and usability concerns, while improving overall accountability in project sales. By ensuring that parking details are documented and approved at the agreement stage, the regulator aims to bring clarity to a critical yet often overlooked aspect of home purchases.

Once notified, the rule is expected to apply to all new projects and future sales, reinforcing buyer confidence and strengthening trust in Karnataka’s regulated real estate market.