mumbai – From 2014, street parking to cost Rs 50 an hour

Beginning next year, be prepared to shell out Rs 50 for an hour’s parking at any civic pay-andpark site in South Mumbai, or other commercial areas such as Lower Parel and Bandra. The move, proposing an almost four-fold hike in street parking charges, is aimed to encourage people to use public parking lots (PPLs). The new policy, finalised recently, also has provision to give annual permits to residents who park their vehicles on roads outside their buildings. It, however, still needs to be approved by the civic Improvements Committee. reaad the full article: