<p>From Russell Market to Kamaraj Road, the automated multi-level car parking facilities will be completed in the next two years, as originally scheduled by the BBMP, to accommodate as many as 2,615 cars.<br /><br />While most locations have been identified, the final word is yet to be delivered as to whether all the 18 locations will have the automated multi-level parking.<br /><br />The initial technical report has disclosed that at least 16 locations of the 18 proposed car parking facilities are feasible, but there are certain hiccups observed by the Palike. <br /><br />For example, on Kamraj Road near Commercial Street, it is still not clear whether certain portion of land identified for parking facility belonged to Defence. The same dilemma plagues the Palike proposal to build a parking facility on Dickenson Road. <br /><br />Meanwhile, the BBMP inspection team is looking at possible structural stability issues near Jayadeva Hospital on Bannerghatta Road.<br /><br />According to BBMP sources, while the Expression of Interest (EOI) has elicited little response, the matter now lies with the Technical Advisory Committee (TAC) for ratification. <br /><br />“We have received only one response for the technical bid from a Hyderabad-based firm, Brugo. There is nothing stopping us from opening the financial bid, but it is up to the TAC to approve it before we go ahead with the project,” said the source. <br /><br />The multi-level parking facility will be extended on a pay-and-park basis, as the project has been taken up under a Develop-Build-Own-Operate-Transfer basis.<br /><br />Sources state that the rates, which have been fixed while inviting the EOI, are based on the existing market rates for a pay-and-park system. “The rates have been fixed on slabs of up to two hours and then on an hourly basis,” said the sources.</p>
<p>From Russell Market to Kamaraj Road, the automated multi-level car parking facilities will be completed in the next two years, as originally scheduled by the BBMP, to accommodate as many as 2,615 cars.<br /><br />While most locations have been identified, the final word is yet to be delivered as to whether all the 18 locations will have the automated multi-level parking.<br /><br />The initial technical report has disclosed that at least 16 locations of the 18 proposed car parking facilities are feasible, but there are certain hiccups observed by the Palike. <br /><br />For example, on Kamraj Road near Commercial Street, it is still not clear whether certain portion of land identified for parking facility belonged to Defence. The same dilemma plagues the Palike proposal to build a parking facility on Dickenson Road. <br /><br />Meanwhile, the BBMP inspection team is looking at possible structural stability issues near Jayadeva Hospital on Bannerghatta Road.<br /><br />According to BBMP sources, while the Expression of Interest (EOI) has elicited little response, the matter now lies with the Technical Advisory Committee (TAC) for ratification. <br /><br />“We have received only one response for the technical bid from a Hyderabad-based firm, Brugo. There is nothing stopping us from opening the financial bid, but it is up to the TAC to approve it before we go ahead with the project,” said the source. <br /><br />The multi-level parking facility will be extended on a pay-and-park basis, as the project has been taken up under a Develop-Build-Own-Operate-Transfer basis.<br /><br />Sources state that the rates, which have been fixed while inviting the EOI, are based on the existing market rates for a pay-and-park system. “The rates have been fixed on slabs of up to two hours and then on an hourly basis,” said the sources.</p>
