BEST to explore underground parking at 27 bus depots as part of non-fare revenue

Mumbai: In response to the BMC’s recent query on reforms, BEST has outlined a set of measures aimed at boosting non-fare revenue and strengthening its financial position. A key proposal is to explore underground or basement parking at 27 bus depots, leveraging available land to generate steady income without impacting core transport operations.BEST general manager, Sonia Sethi, said, “We are exploring all possibilities for non-fare revenue wherever the project is feasible.” BEST has also indicated plans to redevelop depots, a move expected to unlock additional commercial potential through improved land use and allied facilities. An official said that during the depot redevelopment, the basement (underground) parking lots could be created to earn revenue.Advertising is projected to remain a major revenue driver. BEST has estimated an additional Rs 12 crore from advertisements on streetlight poles and Rs 44 crore from bus shelter advertisements in 2026-27, and this is part of the reply to the BMC’s query on what steps are being taken by the undertaking to increase revenue through advertisements. The transport undertaking is also looking to expand its electric mobility ecosystem by setting up more charging stations, with an estimated earning of Rs 7 crore in 2026-27. The set of 15 queries made by BMC and their replies were given to the BEST committee members at the panel meeting on Tuesday.On the power supply side, BEST said it has added 3,843 new commercial high-end consumers, signalling a push to grow its premium customer base. It also plans measures to prevent migration of consumers to other utilities, indicating a focus on retention alongside acquisition. The initiatives reflect BEST’s broader strategy to diversify revenue streams beyond ticket collections, improve asset monetisation, and reinforce its position in both public transport and electricity distribution.