The Ludhiana Municipal Corporation on Thursday received the financial bids worth Rs 1.48 crore for the five parking lots including Ferozepur road, Feroze Gandhi Market, multilevel parking Zone A, Sarabha Nagar main market and I block market.
To stop overcharging by contractors, MC is going to introduce e-ticketing now and receipts would be issued to residents through electronic machine.
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The parking rate of two-wheeler will be Rs 5 per day while Rs 10 will be charged for four wheelers at the parking lots except on Ferozepur Road where the fee would increase on hourly basis.
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Bid of Rs 70 lakh was the highest against reserved price of Rs 50 lakh for Ferozepur road lot.