Hike in Sec 18 market parking rates: Shoppers head to malls, business dips by 50% for shops

Noida | Thursday | 5th April, 2018

Summary:

I instead go to Brahmaputra market these days.”Anita Singh, a shopkeeper from Sector 18 Market, says, “Customers have stopped coming to the market. Sector 18 Market, one of Noida’s oldest shopping hubs, has also been a hub of parking problems for long. However, the opening of the parking has led to a manifold increase in the rates of surface parking in Sector 18. Business owners rue that this has resulted in a dip in profits by over 50%.SK Jain, president, Sector 18 Market Association, says, “The surface parking rates have boomed drastically. Till January, the authorised surface parking lots charged `20 (four-wheelers) for up to 14 hours (9am-11pm)..