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Old 5th November 2015, 09:38   #1
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Delhi: Steep increase in one time parking charges

Car prices are set to go northwards in Delhi as the Standing Committee of the North Delhi Municipal Corporation has approved a steep hike in the one time parking charges. Existing parking charges which used to be fixed at 2000/4000 for vehicle price less than/greater than 4 lacs have now been proposed to be in the range of 4%-15% with the lowest being INR 8,000/-.

The move is aimed at generating revenue and addressing the concerns regarding pollution due to growing number of vehicles in the city.

The resolution now awaits a final approval from the House of the North Delhi Municipal Corporation after which it will be implemented.

If approved, the move may be replicated by the South and East Delhi Municipal Corporations too.

The proposed slabs:-

Vehicle Price Parking Charge
Upto 4 Lacs 8,000
4-6 Lacs 4%
8-12 Lacs 6%
12-20 Lacs 8%
20-40 Lacs 10%
Above 40 Lacs 15%

The annual registration fee for commercial vehicles is also set to rise from the current INR 4,000/- to around INR 40,000/-.

Source


Last edited by luvtandon : 5th November 2015 at 09:39.
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Old 5th November 2015, 09:44   #2
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Increase in one time parking fee in Delhi

Read an article in today's economic times, adding a link below:
http://economictimes.indiatimes.com/...w/49663314.cms


I had read earlier that for cars below Rs4 lakh the parking fee would be Rs8,000 as against Rs2,000 earlier. However, for cars above Rs4 lakh the parking fee will be as a percentage of the value of the car and would be as high as Rs6 lakh for high end cars.
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Old 5th November 2015, 14:39   #3
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Re: Delhi: Steep increase in one time parking charges

The % calculation will add up to a significant amount!

I wonder how they're going to implement this considering the vast no. of new cars that are in Delhi but registered in the larger NCR.
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Old 5th November 2015, 16:04   #4
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Re: Delhi: Steep increase in one time parking charges

Rather than having one time charges, Indian cities must move towards a model where 'congestion charges' or congestion taxes need to be paid similar to what happens in Singapore. It would be more expensive to take out private vehicles on road during peak office hours, thus discouraging private vehicles and encouraging public vehicles during peak hours in congested areas.

Off course, there needs to be a robust network of comfortable and reliable public transport to carry passengers who would have otherwise gone to office in their cars.
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Old 5th November 2015, 16:32   #5
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Re: Delhi: Steep increase in one time parking charges

It is sickening how the governments keep on levying arbitrary new taxes without providing anything in return to the taxpayers. Will these funds be used to solve the parking problem of the highly congested city ? Is there a project to build MLCPs with sufficient capacity in each area ? Or is there a project to reduce the pollution levels in the city using some new technology and that is where these funds will be used ?
Nope. None of these. The average citizen or taxpayers gets no benefits from this. The government gets additional revenue that they can conveniently use to fund existing wasteful expenditures.
In this case, the government seems to be thinking of cars like cigarettes: keep adding taxes to discourage their use. Unfortunately, unlike in the case of cigarettes, you need viable alternatives, like encouraging usage of public transport since people do need to travel. But our public transport is already overcrowded, and lacks last mile connectivity and parking provisions. Try to board a Delhi Metro in peak hours while keeping your dignity intact.
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