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Mumbai: BMC loses lakhs on its pay-and-park lots

The Brihanmumbai Municipal Corporation should earn a revenue of approximately Rs 1.14 cr from its 32 parking lots in A ward. But till now, it has managed to collect only Rs 8-16 lakh per month

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BMC parking

BMC parking

As against its own expected revenue of R1.14 crore, the Brihanmumbai Municipal Corporation (BMC) earns hardly 20 per cent of it every month from its 32 pay-and-park facilities in A ward, resulting in losses of about R1 crore every month.

Citing poor response from contractors, BMC had taken over the responsibility of operating 32 of the 47 parking lots in A ward.

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