Developers in most cities are actually charging flat owners twice for a single parking slot along with their flats. This is nothing new about car parking problems in India. Given that selling parking spaces is a profitable source of additional revenue for developers with YoParker.
Can a developer sell a parking lot?
Solving this problem is not an easy feat as almost everyone in the country is struggling with the ever increasing parking issue. We are a team of creative thinkers, innovators and change seekers who have assembled together and are committed to making a positive impact in the lives of people and you are cordially invited to be a part of it. The developer has no right to charge for this space but owner of the space has right to rent his/her parking space by the help of YoParker. It is YoParker Services Pvt Ltd which is https://www.yoparker.com/.
If you have an additional parking space in your building, apartment, flat or even your colony, convert it into a source of income by renting it out. This will not only be gesture of helping the person, who needs it but also makes you more stable financially. YoParker is the perfect solution that assists people in parking, making it a suitable situation for both the parties. You earn on the parking slots and it becomes a stress-free parking space for the driver.
What should be the size of a parking?
As it is mandatory to offer parking space under the law, State authorities generally approve the number of apartments in a project on the basis of the number of parking spaces offered by the developer. The laws determine the proportion of parking according to the size of the apartment. Generally, one parking is compulsory for a 3BHK apartment and two parking for a 4BHK apartment. A parking space under bylaws is defined as equivalent car space (ECS).
There are 3 types of parking:-
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