A decision in this regard was taken in the council's meeting presided over by Chief Minister Sheila Dikshit here today.
According to the new structure, parking charges for the first two hours have gone up by a steep 400 per cent.
People will have to shell out Rs 20 for the first hour and Rs 40 for up to two hours. Earlier, one had to pay just Rs 10 for up to two hours.
Parking charges up to three hours will now be Rs 60, up to four hours it will be Rs 80 and up to five hours and beyond it will be Rs 100; the rates applicable till now were Rs 20, Rs 30 and Rs 40 respectively.