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Cost of parking on Mumbai's streets set to rise 300%

Street parking in Mumbai is set to become almost 300% more expensive in the new year so that people choose parking lots instead

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The New Year has brought some bad news for Mumbaikars. The BMC on Friday finally passed the new Pay and Park policy, which was held up for over a year after being passed at Improvement Committee in 2013, under which citizens will have to pay 300% more for parking their vehicles on the roads or at any of the civic authorities pay-and-park sites. The move is an attempt by the civic body to encourage people to use public parking lots.

The proceedings, however, saw huge opposition as the ruling party, both at Improvement Committee and at the General Body meeting, passed the policy without any changes or reduction of rate.

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