India, Feb. 10 -- The Pune Municipal Corporation (PMC) will soon transfer the mechanised parking lot near the entrance of Chhatrapati Sambhaji Maharaj Udyan on Jangli Maharaj Road to Maharashtra Metro Rail Corporation Limited (Maha-Metro), said officials.

The parking lot, built at a cost of Rs.2.5 crore, has been lying unused for several years due to lack of maintenance and repairs. The decision was approved by PMC's rent and security deposit determination committee.

Sandeep Patil, executive engineer of project department of PMC, said, "We will soon hand over the parking to Pune Metro. They will repair and maintain the parking area."

As per the agreement, 80% of the revenue from the parking facility will go to PMC, while the remaining ...