Region: South Asia (SA)
Country: India
Keywords: PPPs by Topic *, Innovative Revenues for Infrastructure (IRI) **, India, Commercial Value Capture (CVC), Car parks
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Document Summary:
Multi-level facilities lie massively under utilised even as space crunch in the city forces people to park vehicles on road sides and bylanes.
Document Details:
The automated multi-level parking lots in the Capital were offered as a solution to the city’s problems of shrunken road space, increasing number of vehicles, and the resultant traffic snarls. They were developed under the respective municipal corporations of Delhi on a public-private partnership (PPP) model. The lots, however, have had few takers. Most of these spaces are massively under-utilised, with less than 15-20 per cent of the space being used.
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