The proposal for revision of one-time parking fee charged at the time of registration of vehicles was passed earlier this month by the NDMC's Standing Committee.
South Delhi Municipal Corporation has also proposed a hike in the one-time parking fee while East Corporation is yet to table it.
"The parking fee decision will now go to Delhi government and the final nod hinges on them. Since, there are three different corporations, they (Delhi govt) may go for uniformity and send the proposal back to the civic bodies with suggestions," a senior NDMC official said.
Once approved, the new policy will further push prices of cars and high end non-commercial vehicles from Rs 6,000 to over Rs 6 lakh. The prices of commercial vehicles will also be further raised from Rs 9,500 to Rs 36,000, a senior municipal officer said.
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According to studies, Delhi has about 7.5 million cars with about 1,200 more being added every day. The one-time parking rates were revised last time in 2004.
The revision aimed at helping the civic body financially, will earn it significant revenue due to sale of large number of cars and SUVs in Delhi every year.
The revised fees per function are fixed at Rs 20,000 for farmhouses measuring less than five acres and Rs 40,000 for those measuring more than five acres.
Presently farmhouses spread over less than five acres pay Rs 10,000 per function, while bigger farmhouses pay Rs 20,000 per function, the official said.
The Standing Committee felt an urgent need to revise the rates feeling that revenue generation from collection of permission charges for holding marriages and other social functions at farmhouses was not up-to-mark, he added.