
BMC slashes parking fines; unveils new calculation formula
India TV NewsThe Brihanmumbai Municipal Corporation has introduced a formula-based penalty for unauthorised parking which will be equivalent to about 40 times the existing parking charges, said officials. In July 2019, the civic body had introduced new parking rules and levying steep fines for unauthorised parking within 500 metres of designated public parking lots or BEST bus depots. Hence, under retired IAS officer Gautam Chatterjee, the MPA undertook a comprehensive review of the parking charges and came up with a new formula-based fine. According to a civic body official, a four-wheeler owner will have to pay Rs 4000 fine for unauthorised parking, as the fees for 12-hours parking at parking lots is Rs 100. For four wheeler vehicles, earlier, the fine for unauthorised parking was Rs 10,000 with a late fee of?170 per day, if the owner failed to retrieve the vehicle.
History of this topic

Excess parking fee collection at Pudukkottai bus stand irks commuters
The Hindu
MCD likely to again push for increasing parking fee in Delhi
Hindustan Times
Grap: Parking fee hike yet to be implemented in Delhi
Hindustan Times
BMC’s D ward kicks off on-street pay-and-park on two roads
Hindustan Times
Mumbai: illegal parking may cost you upto Rs 23,000 from tomorrow
India TV News
BMC reduces licence fees for parking lot contractors by 20%; Opposition alleges nexus
Hindustan Times
South Mumbai residents’ criticism forces Mumbai civic body to revisit parking policy
Hindustan Times
Mumbai residents, BMC may not address your concerns on new parking policy
Hindustan Times
MC fails to penalise parking contractor
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