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Multi level parking lot at Siruseri- OMR soon


                                                (Image for representation only)
Multi level parking lot: 
 The Hindu today reported that a multi level parking lot is soon to be built in Siruseri on OMR to overcome existing parking issues.
 Facilities:
 The Parking lot will be a mutli level type with food court, children’s play area and space for a commercial complex. 2000 cars and 50 buses can be parked in the area.The total area of the parking lot will be 5 acres 
 Construction: 
 The construction is proposed to be done using BOT (Build Operate Transfer) method for 1 crore rupees. 




 BOT (Wikipedia): ( In the BOT framework a third party, for example the public administration, delegates to a private sector entity to design and build infrastructure and to operate and maintain these facilities for a certain period. During this period the private party has the responsibility to raise the finance for the project and is entitled to retain all revenues generated by the project and is the owner of the regarded facility. The facility will be then transferred to the public administration at the end of the concession agreement without any remuneration of the private entity involved) 
 Proposed ideas: 
 As mentioned in the article the facility is planned to be completely robot controlled and might include entertainment facilities like amphitheatre. 
  Wish OMR gets the facility soon!
References:
http://www.thehindu.com/news/cities/chennai/amenities-galore-planned-for-proposed-multilevel-parking-lot-on-omr/article5466961.ece
http://www.isa.com.ph/images/products/revenue_parking/types_parking/parking_type2.jpg
http://www.iotap.com/Processes/BuildOperateTransfer.aspx
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