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Infy shows the way with Rs 55-cr, 9-storeyed parking

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Garima Mishra,Garima Mishra

Posted: Jan 11, 2009 at 0108 hrs IST

Pune With stress levels already high in the IT field as lay-offs, pink-slips and job-cuts have taken on a routine hue, parking is one headache that the Infy employees don't have to worry about. In a city where parking is becoming a perennial problem with roadsides being turned into parking spaces, significantly reducing carriage space on city roads, the Infosys facility at Hinjewadi has made a big statement with a Rs 55-crore, nine-storey parking facility built exclusively for its employees.

Arguably, the company's largest parking facility across the country and perhaps one of the largest in the Indian corporate context, the facility that became fully functional in April 2008 is looking to take up its occupancy level to near capacity in the next few months.

The nine-storey building has the capacity to park around 2,000 cars and 145 two-wheelers. A single floor can accommodate 218 cars or 1,060 two-wheelers. Managed on a no-profit, no-loss basis, the monthly charges are pegged at Rs 200 for cars and Rs 50 for two-wheelers. One-off charges are Rs 20 per car and Rs 5 per two-wheeler as against Rs 5 and Rs 2 respectively at public parking bays.

In stark contrast, a similar project started for the general public, jointly by PMC and Ramratna Infrastructure on J M Road, is not a big hit. Set up in October 2007, this parking lot can accommodate 80 cars, with each of the 20 floors accounting for four cars.

"On week days, we have around 40-50 cars parked here and on Thursdays and weekends, 70-75 cars. Originally it was planned to ban roadside parking on J M Road, which did not materialise. With the roadside parking on, people think twice before using system parking, as they prefer parking their vehicles in a place that is easily accessible. But there are people who park here regularly, as they know the benefits of system parking," said Saroop Mulchandani, executive director, Ramratna Infrastructure.

But at Infosys, the rationale behind the move to set up such an infrastructure backup is pretty clear. "Every year we add hundreds of new employees on our campus, so we realised, we need a sufficiently large and safe place for our employees to park their vehicles," said an Infosys spokesperson.

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