NDMC proposes hike in parking fees across Lutyens' Delhi, 100% surcharge on cash payments
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The New Delhi Municipal Council proposed a hike in parking fees across Lutyens' Delhi.
- ✓Car parking rates will rise to Rs 70 per hour for on-street spots.
- ✓Officials also added a 100% surcharge on cash payments to push digital transactions.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
New Delhi Municipal Council plans to increase parking fees for vehicles in Lutyens' Delhi. Off-street and on-street parking tariffs will see significant hikes along with monthly pass costs for cars and two-wheelers. A 100% surcharge on cash payments aims to promote digital transactions among motorists. The proposal includes upgrading parking facilities with advanced technology to facilitate digital payments.
Motorists parking their vehicles in Lutyens' Delhi may have to pay higher charges, with the New Delhi Municipal Council (NDMC) proposing a revision of parking tariffs across its facilities. The proposal also includes a 100% surcharge on cash payments to encourage digital transactions.
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Economic Times
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