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Virtual space in World trade centre, Yamuna expressway


17-Oct-2023 (In Property Law)
I bought a virtual space in WTC Noida, in 2013, was supposed to complete project in 3 years but did in 6 years, as per agreement I was supposed to get 10% annual return on my investment, monthly basis, which WTC followed. now at time of last and final payment, WTC is asking to pay for parking charges (>4 lac INR), which I did not opted in beginning and is very clearly part of agreement, but he is insisting on that I am assuming will create problems if I did not pay. I want to know what should be my stand on this. Regards, Dhiraj
Answers (2)

Answer #1
709 votes
Hi Dhiraj. I have seen your query carefully and found that your builder is putting pressure on you for payment of 4 lakh for parking space. According to the latest judgments of hon'ble Supreme Court and National Commission the builder is not entitled to get payment of parking space either open or stilt because the parking space comes under common area facilities. So please don't come under pressure of the builder and file a petition against builder in consumer Forum or in RERA for delay possession and compensation. if you still need any information or any other advice then contact me without any hesitation through administrator of this website
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Answer #2
707 votes
I would need to go through the contents of your allotment agreement as in commercial complex sometimes they make 1 car parking a mandatory option but legally you cannot be forced to pay for car parking charges if you dont wish to opt for it and also some rulings have come where 1 car parking is to be provided by builder. so I would need to go through the documents to give a clear picture to you

thanks
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