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2026 Parking Rental Benchmark Index

Cost of Monthly Car Parking in India (City Price Index)

Comprehensive guide to monthly parking rental rates across major Indian metro cities, key pricing drivers (stilt vs open vs EV), and local neighborhood averages.

Metro City Parking Rate Comparison

City Average Monthly Rent Typical Price Range EV Charging Bays Action
Bangalore ₹2,882 / mo ₹500 – ₹10,000 / mo ⚡ 12 Ready View Spots
Mumbai ₹5,820 / mo ₹2,000 – ₹20,000 / mo ⚡ 4 Ready View Spots
Delhi ₹4,046 / mo ₹1,000 – ₹15,000 / mo ⚡ 2 Ready View Spots
Pune ₹2,298 / mo ₹500 – ₹10,000 / mo ⚡ 2 Ready View Spots
Hyderabad ₹2,734 / mo ₹700 – ₹15,000 / mo ⚡ 4 Ready View Spots
Chennai ₹2,622 / mo ₹800 – ₹10,000 / mo ⚡ 10 Ready View Spots
Kolkata ₹3,066 / mo ₹500 – ₹15,000 / mo ⚡ 13 Ready View Spots

What Factors Determine Monthly Car Parking Rent?

1. Stilt/Basement vs Open Driveway

Covered parking spaces protect vehicles from sun fading, rain, and tree sap, typically commanding a 25% – 45% premium over open lots.

2. 24/7 Security & CCTV

Gated residential societies with security guards, boom barriers, and round-the-clock CCTV surveillance ensure vehicle protection.

3. EV Charging Socket (15A / Type 2)

Having an accessible 15A socket or dedicated EV charger wallbox adds ₹800 – ₹1,500/mo to the rental value for electric car owners.

4. Micro-Market Proximity

Locations within 500 meters of metro stations, IT tech parks, and commercial high-streets command higher rental yields.

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