The hike, which was approved by the SDMC House today, however will be notified in November, a senior official of the SDMC said.
According to the new rates, for surface parking, which fall under category 'A' and category 'B', the hourly rate for cars has been increased from Rs 10 to Rs 20, and for two-wheelers from Rs 7 to Rs 10.
As per 24-hour parking facility, the revised rates will cost Rs 100 for cars and Rs 50 for two-wheelers. The revised rates will also make the motorists pay more for the day and night monthly passes.
"The SDMC House today approved the hike in parking rates, which was cleared by the Standing Committee earlier. But, the idea is to promote multi-level parking over surface parking," he said.
"There weren't many multi-level parking facilities in the city until last few years. The rates earlier for them in our areas, for both two-wheelers and cars, applied on a ten-hour basis," the official said.