TechnoparkToday.com>> March 28, 2014: Technopark authorities decided to charge a monthly fee of Rs. 500 for cars parking inside Technopark campus even in the open space. The rent for the covered car parking will be Rs. 1000, which was Rs. 500 to 750 earlier.
It will generate revenue of around Rs. 30 Lakhs per month as about 6000 cars of techies being parked daily in Technopark.
In addition to the revenue generation, this move may encourage Techies to use public transportation and carpooling; however, this initiative is likely to invite protest from Techies.
The revised rates will be effective from April 1, 2014.