Thursday, May 19, 2011

Make parking space or pay fine - Hindustan Times

Make parking space or pay fine - Hindustan Times

Failing to provide adequate parking space after construction of a building in a residential area under the MCD will cost a penalty of lakhs of rupees. The Municipal Corporation of Delhi (MCD) has issued a circular, making construction of parking space within a building mandatory, failing which the b
uilding plan will not be sanctioned.
Residents with plots measuring 500 square metres in posh colonies will have to deposit a sum of Rs 20 lakh in a bank as a guarantee for five years, which will be appropriated by the MCD if the designated parking space is covered by the owner later.http://www.hindustantimes.com/images/HTPopups/190511/19_05_11-metro-1b.jpg
The sizes of the plots determine the parking space that has to be created. For instance, for a plot measuring 100 square metres, two equivalent car spaces (ECS, the space occupied by a particular vehicle) will have to be created within the building.
Each ECS has a different rate, depending on the category of the colony. For instance in posh colonies in categories A and B, the bank guarantee per ECS is Rs 2 lakh.
"We will carry out inspections and if we find that the space has been covered that bank guarantee will be forfeited to us," said a senior MCD official.
In Greater Kailash I, a plot measuring 500 square metres must provide parking space for 10 vehicles on the ground floor. This means that the owner of the building will have to place a bank guarantee of Rs 20 lakh.

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