Mumbai Housing Society queries often revolve around parking spaces. An expert clarifies that stilt and podium areas are not considered open parking and cannot be sold by developers. Additionally, the rules for attending and voting in general meetings are explained.
Mumbai Housing SocietyReraParking SpacesMahareraGeneral MeetingsReal Estate NewsJun 02, 2025

According to RERA, open parking spaces are unenclosed or uncovered areas designated for parking vehicles. These are included in the common spaces of a housing project.
No, stilt and podium parking spaces are not considered open parking and cannot be sold by developers. They are typically covered areas and can only be sold if explicitly included in the purchase agreement.
The member can appoint a relative as an associate member by submitting their name to the society with written consent. The society will ensure the name does not appear on the share certificate, and the associate member can attend meetings and vote with prior written consent from the member.
Developers are required to mark and number open parking spaces, garages, and covered parking areas as per the sanctioned plan. This includes providing details such as type, number, and size in the agreement for sale.
Yes, a joint member can attend and vote in the general meetings of the housing society. They have the same rights as the primary member in terms of participation and voting.

Maharashtra's real estate market experiences a boost in property registrations and revenue despite unchanged RR rates, indicating a shift towards high-value transactions.

Market tech analysts Soni Patnaik, Mitessh Thakkar, and F&O analyst Rajesh Palviya recommend these stocks for short-term gains.

Samir Arora, Founder of Helios Capital, highlights the potential of some NBFCs and microfinance companies, while expressing concerns about the real estate sector being overdone. He believes that HDFC Bank, Kotak Bank, and Bajaj Finance, which have underpe

The National Book Trust (NBT) is set to shift its office to the city, a move that coincides with the highly anticipated Pune Book Festival. The festival, expected to attract 7.5 lakh visitors, is a significant cultural event that showcases a wide array of

The promoters of footwear retailer Metro Brands have made a significant investment in Mumbai's luxury real estate market by purchasing five apartments in the Worli area for ₹405 crore. These apartments are located in one of the city's tallest buildings, P

A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans