You could soon require proof of parking for buying a new car

Those looking to buy a new car in the coming years could be required to submit a proof of parking. Without it, the authorities are not likely to register your vehicle.

Under the Road Transport & Safety Bill 2014, the Government of India is looking to make it mandatory to have a parking lot before a person buys a car. Vehicle registration applications will have to be accompanied by proof of parking as specified by the government of the state that is registering the vehicle.

The bill is due for a parliamentary debate and approval. Car manufacturers are unhappy with the proposal considering the market has been sluggish for quite a while and if the bill is passed, sales could dip even further.

With the proposal, the government aims to increase awareness on the responsibility of having a parking space for car owners. It is possible that the proposal will be restricted to metro cities only where parking space is limited.

Source: ET Auto