The Brihanmumbai Municipal Corporation(BMC) has introduced a formula-based penalty for unauthorised parking which will be equivalent to about 40 times the existing parking charges, said officials. In July 2019, the civic body had introduced new parking rules and levying steep fines for unauthorised parking within 500 metres of designated public parking lots or BEST bus depots. The penalty was ranging from Rs.5,000 to Rs.23,250.