At present, those parking their vehicles in Connaught Place have to pay Rs 20 per hour for the first five hours and a flat rate of Rs 100 beyond that.
However, as per the new plan the cap will be removed and the users will have to pay extra charges on per hour basis.
"There will be no cap on the parking charges. One will be charged Rs 20 for every extra hour even after the current five-hour limit. Earlier, even if somebody was parking for three to four days he or she was liable to pay only Rs 100," a senior NDMC official said.
"There will be extra charges for parking during night hours and the rates will be decided soon. The new rates will come into effect from July," the official added.
However, due to inadequate parking facilities and lack of e-rickshaws to help with last mile connectivity, the project has not yet taken off.