28 January,2009 07:46 AM IST | | A Correspondent
Hoping to reduce the congestion on the roads, the Brihanmumbai Municipal Corporation will implement a four-fold hike in parking charges. With increased parking charges, the BMC expects lesser number of cars on the roads.
Parking charges for four-wheelers are likely to be hiked from Rs5 per hour to Rs22 per hour, for two-wheelers the rates will be Rs5 per hour from the current Re1. The rates will come into effect only after the BMC standing committee approves it. The rates will then be effective for the next 30 years with a 5% annual hike.
The move is aimed at encouraging people to use public transport.
Currently, there are more than 14 lakh private vehicles in the city. The number increases by 6% every year. Seven spots have been reserved for parking lots across the city as per development control (DC) rules. The civic administration has also identified another 150 locations for multi-storey car parks. These car parks may be underground or overground.
