Individuals spending lot on parking in Mumbai

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Mumbai, Dec. 8, 2007 : With the skyrocketing costs of car parking in India's financial capital Mumbai, the money spent by an individual on parking and maintenance far exceeds that of purchasing a car.

People are increasingly feeling the space constraint as the number of cars and vehicles hitting the roads of the state are on the rise. So, if one wants the luxury of parking the car within the premises of the building or the complex, one has to pay this price.

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