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Old 29th May 2023, 16:20   #16
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re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

I have a sequential slot for 2 cars, in B2 level. But lucky that the slots are along the drive path and we can take out / park either car independently.

3L for 2 slots together should be fine.

Make sure that the basement has provision for any water to be pumped out - like if it gets flooded during rains.
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Old 29th May 2023, 16:20   #17
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re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

I have used such a 'double' slot for my cars. Since it was the only option available back then, I used it for an year or so, but it was a pain. Most of the times, the car which was more accessible was used because it was really inconvenient to move cars one by one and then again park the other car after taking out the car to be used. Ditto for parking back.

Go for this it only if that is the only option.

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Saket
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Old 29th May 2023, 16:23   #18
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re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

Go for it. I had back to back parking slots in the last place I lived and it is very manageable, like Viddy and others here have mentioned. Especially if one of you leaves at a fixed time daily, or better still if you don't have an issue taking either car depending on its position (I used to carry both keys in case the order flipped, typically on a weekend).

It can get a bit annoying if one of you leaves early and expressly needs one car but that is also easily sorted and will add at most 5 minutes to your routine.

You need not use both slots, but can park a two-wheeler or even ask a guest to use your slot (say on weekends when visitor parking is full!) 3L is a reasonable amount in Bangalore for twin parking.
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Old 29th May 2023, 16:48   #19
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re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

Quote:
Originally Posted by rohan_iitr View Post
6. Since the parking slots are sequential in nature, I would not be able to rent out the second slot even if I am not using it. But the very purpose of buying a double slot is that I intend to have 2 cars.
You can. Find another owner with a single parking slot and 2 cars, use his slot if you have just one car, and collect a suitable rent for letting him use your double slot.
Quote:
Originally Posted by rohan_iitr View Post
7. I have checked the practicality of the proposed double parking slot. The accessibility is actually better compared to my existing parking slot.
Do check about the ease of installing an EV charging point with cabling running from your electricity meter. Someday in the future, your second car can well be an EV.
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Old 29th May 2023, 17:27   #20
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re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

The price is not high. After a few years we won't even think about the money spent. I will buy it even if I have only one car and have to keep one slot vacant. It is a value addition to the property and will give flexibility for the future.
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Old 29th May 2023, 17:36   #21
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re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

Builders in Bangalore are charging upto 6L + GST for an additional parking. 3L should be a fair price for what's a long term investment. The convenience of having extra space in itself would make it worth the price.
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Old 29th May 2023, 19:35   #22
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

Golden rule = When real estate is well priced, don't even think twice. Especially in big cities like Bombay, Bangalore, Delhi, Chennai etc. It will only appreciate. More importantly, you will definitely find use for it. My Dad bought our current building with 8 parking spots when he had just 2 cars. Today, we own 5 cars, and there are always additional needs due to the press / media cars.

3-lakhs for a parking spot falls in the "don't even think about it" category. Just do it .
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Old 29th May 2023, 20:18   #23
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

When I moved to an apartment way back in 2017, our builder allotted us 2 car parks sequentially. Those were the days when both my cars would be put to daily use as myself and my spouse would drive to work on regular basis. The value of the second car park was higher than the value of my second car (15 year old WagonR) but still I never wanted to compromise on parking any of my cars outside or renting out a slot from someone who has one car but 2 parkings.

We were early movers and since not all the flats were sold then, I managed to contact the builder and explained that I will need parking which is next to each other. In fact few of the owners even with one car had purchased 2 car parks and they were allotted side by side slots.

While I would leave from work at 6:20am, my wife would start only around 10:00am. I would be back home by 4:00pm while she would return around 7:00pm. Hence, it made no sense to continue with this set-up as taking out one car to remove another was never a workaround, that too on daily basis.

We were later allotted side by side parking and it was such a relief.

Today, my old parking is allotted to a family that has a Tiago and a Vento and I see them often in the basement where one of the family members take one of the cars out while the other one moves their car out to drive and the first car is reversed into the parking. One may call this easy but imagine doing this on a daily basis or even at peak hours when you are blocking the pathway while taking out the other car. And not to forget the pain to carry 2 keys with you on a daily basis. Further, if you are all alone, it adds quite some efforts if you are in a hurry.

In my opinion, considering the future requirements, you must look for independent car parking for both cars. You never know when there will be a situation where both of you will drive out on a regular basis (you just never know no matter what).

Last edited by paragsachania : 29th May 2023 at 20:29.
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Old 29th May 2023, 20:21   #24
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

A simple question - did you pay for the existing parking as part of amenities when you got your flat registered? If you paid additionally for car parking, then the builder has to only charge you for one spot. If it is all about keeping your existing car and not sell it, then look at all possibilities clearly and go for it.

My suggestion: If your answer to my question above is yes, then pls negotiate and bargain for a better price. It's like you are giving up your existing parking and paying for the same space (and an additional slot) and paying twice the amount. Agreed that it will spike your flat value but just having to accommodate your old car and go around all of this looks like a task. If you want to take a very simple route, check for empty slots in your society and speak to the owner to park an additional car. The max rent you pay for it should not exceed 1K. It's like having two cars and still not making it heavy on the pocket. Ultimately, it doesn't hurt to have 2 parking slots but look at what you are paying like I mentioned above.
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Old 30th May 2023, 08:33   #25
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

Quote:
Originally Posted by rohan_iitr View Post
The double car parking slot is not parallel, but sequential. Meaning - the cars would be parked one behind the other. To remove the inner car, one must first remove the outer car.

The price quoted for such a parking slot is around 3L+taxes. (Builder will sell me this parking slot legally with registration) This is over and above the price which I have already paid for my existing parking slot.
This is a no brainer, specially at 3L, in the context of car prices which usually cost a multiple of that amount at the least. Just do it. You’ll rue the day when you NEED more than one car (or two wheeler) and may not even have the ability to buy one if you wanted to pay for it.

Its all perspective - I’ve lived with covered back to back parkings briefly in an older apartment and I was so grateful for it. Because for 10 years before that, we had only one open car park (after much fighting and haggling amongst the residents) within my building compound and another car had to be parked on the road, subject to wherever you found place. Having the inconvenience of two back to back cars parked is still better than having no parking at all!

We’ve just booked a second home in Pune where our spec of apartment comes with 3 parkings. The builder’s design is such that by default, owners of such flats are given one car parking that is standalone while the other two are similar back to back sequential (such that you have to remove one car to remove the car behind it). So this is not that uncommon. I’m not that fussed. I’d any day take this rather than have only 2 parkings. I’ll park two wheeler(s) in the locked slot in the sequential one if I need to.

Last edited by Axe77 : 30th May 2023 at 10:31.
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Old 30th May 2023, 08:42   #26
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

We moved into a semi gated community 9 months ago. It has a ground floor parking and a basement parking facility. We were alloted one parking in the ground floor. Though there was no need, we purchased an additional parking for a sum of 2 lacs after a lot of negotiations with the builder. Builder was ready to allot one slot in the basement for 2 lacs, but my dad was adamant on a particular slot in the ground floor itself. We got hold of the slot we wanted after a lot of negotiations.

I would say try to get hold of a separate parking, instead of the sequential slot that the builder is offering. 3 lacs is no joke so try to negotiate for a separate slot.
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Old 31st May 2023, 00:34   #27
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

I have a similar setup for my apartment and I have 2 cars. However I am the only driver at home. However it’s hardly a 2 min exercise to take out the one at the back.

Bonus is there is a space of another car the size of a fortuner behind my parking which is accessible only through my parking. So if I have a third car it will be 3 cars back to back.

Now I have a neighbour who doesn’t have a car and is nice enough to let me use his parking for free so I keep one of the cars there. The agreement is if he has a visitor he will let me know and use one of the double parkings so I keep the front slot empty. The reason I use it is because my parking is below the next tower and his parking is just outside my lift lobby.

Last edited by Altocumulus : 31st May 2023 at 00:37.
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Old 31st May 2023, 08:47   #28
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

Hi
We have 2 cars and we have been using sequential parking since 3 odd years. It’s actually trouble free if you both have keys to both the cars.
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Old 31st May 2023, 08:51   #29
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

I bought an additional parking when we moved into our apartment in 2007. I didn’t have a second car then, but I knew that as a family we will own a second car. These were two parallel slots and was very helpful. Helpful because I could easily rent out a parking when I had only one car.

Toddy, that flat is in rent. And I continue getting rental for the car parking.

If you end up getting sequential parking slot, you lose the benefit of renting this out later.
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Old 31st May 2023, 08:52   #30
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Re: Buying an additional car parking slot in my apartment complex | Advice, suggestions & issues

Quote:
Originally Posted by rohan_iitr View Post
Thanks for your point of view, I really appreciate it.

If I remember correctly, I also paid around 1L for the included car parking. But there is a catch - the first car parking is a necessity, whereas the second/double car parking is a luxury in a tier 1 city and a tier 1 developer.

To give you an idea, a 3BHK apartment (ready to occupy) in my society is going upwards or 1Cr. Compared to this, 3L for the additional car parking seems like a fair price.
Based on my experience here in Chennai, Alliance Builders sold Tandem parking upwards of 6L plus GST, which comes to around 7.2L.

The price your builder is asking seems reasonable. Please check if GST is included or it is additional.

My understanding when you buy parking initially itself the GST is 5% but when you buy separately it is 18%.
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