Work is nearing completion on three underground parking lots in the city which will offer space to more than 1,300 cars to park by this year end, Noida Authority officials said on Friday.
The multi-storey parking lots, costing ₹141.23 crore, will come up in Sector 1, 2 and 3, which are grappling with traffic congestion due to roadside parking of vehicles, a senior official said.
The parking in Sector 1, built at an estimated cost of Rs 47.26 crore, will have space for 534 cars in an area of 17,160 sq metres and is scheduled to get completed by this December end, Noida Authority’s General Manager Rajeev Tyagi said.
“Work is also underway for a ₹61.82 crore parking in Sector 2 which will have space for 565 cars in an area of 18,273 sq metres,” Mr. Tyagi , adding that the project is expected to be completed by October end. He said the third parking is coming up in Sector 3.