The new parking policy, which sharply increases charges at pay-and-park lots in busier areas of the city, was approved by the Improvements Committee of the civic body on Thursday.
Currently, motorists pay a uniform charge of Rs15 per hour at the parking lots across the city. But this will change with the introduction of the new policy in November 2014.
The policy categorizes parking facilities into three parts: Category ‘A’ covers areas like Colaba, Fort and Nariman Point, where the parking charge will be Rs60 per hour. This category also includes areas around railway stations and markets.
In category ‘B’ areas like Prabhadevi and Siddhivinayak the charges will be Rs40 per hour. In category ‘C’ which has one parking lot in Chembur and another in the Malabar Hill area the charge will be Rs20.
There is a discount on these charges for public transport vehicles. There are a total 92 pay-and-park lots managed by the civic body and 47 are listed in the ‘A’ category.
Ram Barot, chairman of improvements committee and BJP corporator, said the purpose of hiking the charges was to discourage the use of private transport to reduce traffic jams.
The policy provides for a 10% increase in charges every two years. For the first time, citizens will be provided annual permits for parking on roads near their residences.