A mall in Bengaluru has been making waves on social media after it turned out that they charge Rs 1,000 per hour for four-wheelers "premium parking". A picture of the parking sign at UB City mall on Vittal Mallya Road is now viral.
Prices in Bangalore have really gone bonkers.1000 ₹ per hour for parking.
It is nuts! pic.twitter.com/5U5tARb8tv
— Ravi Handa (@ravihanda) March 5, 2024
UB City, which claims to be India's first luxury mall, also has regular parking facilities available for four wheelers which are charged Rs 100 for the first four hours and Rs 200 for every fifth hour onwards, a mall official told Moneycontrol. The premium parking charges, however, stay the same for every hour. The official, however, could not explain the difference in service between regular and premium car parking.
Reacting to the picture, social media users expressed both shock and disbelief.
"Premium parking? Do you get a blue tick on the car?" asked X user Ritik Bhandari (@ritikbhandarii). "What happens in premium parking? Your car gets a bath?" asked Soumya (@bytesofnews).
A few users pointed out that UB City has been charging this rate for years.
"This has been this way since at least 2012... from what I understand it's because they want to discourage people from parking, it's nothing to do with Bengaluru prices in general," commented Shruthi (@shruthibadri).
Others said that for people who own luxury vehicles, spending Rs 1,000 an hour for parking charges would hardly matter to them.
"For Jaguar and Ferrari owners, this is chillar (loose change). Basically, this is to indirectly reserve the parking slots for premium car owners, and discourage others from taking up the space. We should be concerned more about hospitals charging parking fees for OPD visits," wrote (@bubun_s).
Another X user (@manojkumar1973) said, "What's so big deal? If a Porche, Jaguar, or Ferrari owner pays Rs 1,000 per hour, they can afford it. Owners of Alto, 800, WagonR, etc can park at home and come by metro, or bus."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.