Updated On: 13 September, 2012 07:07 AM IST | | Sujit Mahamulkar
Lodha Developers to transfer space for 689 four-wheelers in Lower Parel to corporation, in accordance with Development Control Regulations
Motorists match wits with each other almost all hours of the day in trying to track down a parking spot at a bustling neighbourhood like Lower Parel. But things are looking up. Brihanmumbai Municipal Corporation (BMC) is all set to acquire its first parking lot in the area from a private developer against issuance of extra floor space index (FSI).

Watch this space: The parking lot near Apollo mills at Lower Parel, which would be soon handed over to BMC by Lodha Developers; (inset) The control room to monitor activities at the lot. Pics/Shadab Khan