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Mumbai: BMC loses lakhs on its pay-and-park lots
Updated On: 03 May, 2015 06:55 AM IST | | Tanvi Deshpande
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
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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