The civic body's steep parking fine has generated significant revenue and within a couple of weeks, after the parking fines were reduced, civic officials have already collected fines to the tune of around Rs 12 lakh. Even though the revised fines also attracted criticism, senior civic officials say that the steep fines have encouraged people to use designated parking areas and their occupancy rate has increased since the parking fine was introduced last year.

Civic officials from the traffic department said that since the parking fine was first introduced in July, the BMC had raked in fines worth more than Rs 1.8 crore until the revised rates were implemented. Among the various kinds of parking areas, the civic body collected Rs 97.6 lakh from vehicles that parked within 500 metres of a public parking lot (PPL). The second highest amount was collected from buses and other heavy vehicles amounting to Rs 45.7 lakh and Rs 37.7 lakh from parking on the four arterial roads.